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530 Almond Ave, Long Beach, CA, 90802

3beds
2baths
1,962sqft
$1,250,000
$637price/sqft
$8,569/moest. monthly cost
$342,760/yrincome needed

About This Home

Versatile and turn-key investment opportunity at 530 Almond Ave. This Long Beach DUPLEX has been thoughtfully updated and remodeled, offering a fresh, modern aesthetic across both units. Whether you're looking for a savvy addition to your portfolio or a property with built-in income potential, this one delivers. The property is currently performing well, with a front 3BD + 2BA house fully remodeled with a spacious and bright living room, dining area, renovated bathrooms and fully equipped kitchen with brand new LG appliances with fridge, stove, microwave, dishwasher and garbage disposal, as well as new countertops, new cabinets, new fixtures. Additional features include new recessed lighting, new vinyl flooring, covered one car garage, gated driveway with space for 3 cars, central AC on the front unit and a washer and dryer room in unit. All plumbing, electrical and HVAC systems have been upgraded. Relax outside and enjoy a large backyard area with new landscaping already occupied by tenants paying excellent rents, providing immediate cash flow from day one. The second unit is a 1BD + 1BA upstairs unit sitting above the garage on a separate building and remodeled with a mini split A/C unit. In addition to the two primary units, the property features a non-conforming studio situated below the 1BD unit, offering even more flexibility for creative use or additional workspace. Spacious backyard on an expansive lot with room for an ADU or additional improvements. The property includes a garage and a spacious driveway with enough room to accommodate multiple vehicles comfortably. With its stylish finishes, updated systems, and significant income potential, this is a standout opportunity to own a high-functioning property in a vibrant location. One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.

Getting Around

91
WalkingWalker's Paradise
57
TransitGood Transit
93
BikeBiker's Paradise

Schools

5/10
7/10
Polytechnic High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1951

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Wall,Central
  • Cooling features: Wall Unit(s),Central Air

Interior Area

  • Total structure area: 1,962
  • Total interior livable area: 1,962 sqft

Property

Details

  • Parcel number: 7266016009
  • Zoning: LBR3T
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 7,331 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance *$435$5,220
Property Taxes $1,394$16,728
Electricity $420$5,048
Total$8,569$102,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$293,794/yr
40% on housing$257,070/yr
45% on housing$228,506/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$637This listing

vs Other Active Listings

Avg $/sqft

ZIP 90802$335
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90802$632
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listing removed$2,200
2026-07-12Listed for rent$2,200
2026-07-12Listing removed$3,000
2026-07-07Listed for sale$1,250,000
2026-05-11Price change$3,000
2026-05-06Listed for rent$3,200
2025-11-03Listing removed$2,000
2025-09-17Price change$2,000
2025-07-23Listed for rent$2,300
2025-07-14Listing removed$2,200
2025-06-19Price change$2,200
2025-05-15Price change$2,250
2025-02-18Price change$2,300
2025-01-30Listed for rent$2,400
2024-11-30Listing removed$2,300
2024-10-23Listed for rent$2,300
2024-07-03Sold$899,000
2024-06-13Pending sale$899,000
2024-05-31Price change$899,000
2024-05-17Listed for sale$930,000
2000-12-12Sold$177,000

For Sale by Agent

AgentFederico Rolon
BrokerageCompass

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