Description

We are pleased to present 600 Almond Avenue, located in the highly desirable North Alamitos Beach neighborhood of Long Beach, California. This 2-story, 6-unit multifamily building was originally built in 1964 and has undergone significant renovations such as an extensive exterior remodel in 2016 and recently a complete interior remodel of all units. The property features upgraded interiors including refinished vinyl flooring, modern kitchens and baths, in unit washer/dryers, stainless steel appliances, vinyl windows, shaker cabinets, and quartz countertops. The building also offers four single-car garages. The total building area is approximately 7,387 square feet, situated on a 6,837 square foot parcel. The unit mix consists of one (1) 2 Bed/1 Bath unit, four (4) 2 Bed/2 Bath units, and one (1) 3 Bed/3 Bath townhome-style unit with an attached garage. The subject property offers a prime rental location within walking distance to popular restaurants along Broadway and 4th Street, known locally as Retro Row, less than a mile from Bluff Park and the beach, and proximate to the dining, retail, and entertainment options of Second Street. The property is also a short drive from California State University, Long Beach. This location benefits from both high tenant demand and strong market fundamentals. Tenants enjoy the ocean breeze and easy access to shops, restaurants, cafes, entertainment, and grocery stores, while owners benefit from the stability of a sought-after coastal market.