B
Seller's Agent in 2025
Bijan Favakehi
Bijan Favakehi, Broker
(714) 654-5626
1 in this area
1 Total Sale
494 Almond Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
4
Beds
3
Baths
2,000
Sq Ft
5,370
Sq Ft Lot
Highlights
- 0.12 Acre Lot
- No HOA
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Den
- Paved or Partially Paved Lot
About This Home
As of September 2025494 Almond Avenue is ideally situated in the desirable North Alamitos Beach neighborhood of Long Beach. This multifamily property consists of three (3) units, including a spacious three-bedroom, one-bath unit and two (2) one-bedroom, one-bath units. It also features three (3) private garages—an exceptional amenity in this highly parking-constrained area. One unit has been recently remodeled with permitted upgrades including new flooring, kitchen, bathroom, paint, and electrical systems. Each unit is separately metered for gas and electricity, helping to reduce operating costs for the future owner. The property offers strong potential for added value, including the possibility of converting the garages into Accessory Dwelling Units (ADUs) or adding new construction—buyer to verify development feasibility with the city. Located just a few blocks from the beach, the property is also conveniently close to Retro Row and its vibrant mix of restaurants, shops, and entertainment venues. Note: The property is being sold as-is and may require updates or repairs. Buyer is responsible for verifying all permits, zoning regulations, and unit configurations. All units will be delivered tenant-occupied.
Last Agent to Sell the Property
Bijan Favakehi, Broker Brokerage Phone: 714-654-5626 License #00939258 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 5,370 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
- Front Yard
Parking
- 3 Car Garage
Home Design
- Triplex
- Split Level Home
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Den
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 7266015012
- $14,582 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2025
Closed on
Sep 10, 2025
Sold by
500 Almond Llc
Bought by
Brenda Garcia Living Trust and Garcia
Seller's Agent
Bijan Favakehi
Bijan Favakehi, Broker
Buyer's Agent
Dale Jervis
Century 21 Jervis & Associates
List Price
$898,000
Sold Price
$998,800
Premium/Discount to List
$100,800
11.22%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,908
Avg. Annual Appreciation
0.77%
Original Mortgage
$749,100
Outstanding Balance
$749,100
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$251,608
Purchase Details
Closed on
May 14, 2010
Sold by
Manhart Suzanne Marie
Bought by
Manhart Suzanne Marie and Suzanne Marie Manhart Trust
Purchase Details
Closed on
Nov 6, 2007
Sold by
Shabsico Llc
Bought by
Shabkie Robert G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 2007
Sold by
Shabkie Robert G and Marsico Kerry S
Bought by
Manhart Suzanne Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 2005
Sold by
Shabkie Robert G and Marsico Kerry S
Bought by
Shabsico Llc
Purchase Details
Closed on
Dec 15, 2004
Sold by
Butler Helen Frances
Bought by
Marsico Kerry S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $999,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Equity Title Company | |
| Grant Deed | $695,000 | Equity Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | $475,000 | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $749,100 | New Conventional | |
| Previous Owner | $556,000 | Purchase Money Mortgage | |
| Previous Owner | $356,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $998,800 | 0.0% | $499 / Sq Ft |
| 08/15/2025 08/15/25 | Pending | -- | -- | -- |
| 08/01/2025 08/01/25 | Price Changed | $998,800 | +11.2% | $499 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $898,000 | -- | $449 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,582 | $1,144,440 | $743,886 | $400,554 |
| 2024 | $14,582 | $1,122,000 | $729,300 | $392,700 |
| 2023 | $14,338 | $1,100,000 | $715,000 | $385,000 |
| 2022 | $10,862 | $860,232 | $573,488 | $286,744 |
| 2021 | $10,646 | $843,366 | $562,244 | $281,122 |
| 2019 | $8,881 | $685,000 | $456,700 | $228,300 |
| 2018 | $8,030 | $625,000 | $416,700 | $208,300 |
| 2016 | $5,820 | $465,000 | $310,000 | $155,000 |
| 2015 | $5,388 | $440,000 | $293,300 | $146,700 |
| 2014 | $5,175 | $415,000 | $276,600 | $138,400 |
Source: Public Records
Agents Affiliated with this Home
-
Bijan Favakehi
-
Dale Jervis
Buyer's Agent in 2025
Dale Jervis
Century 21 Jervis & Associates
(562) 862-2226
1 in this area
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25155232
APN: 7266-015-012
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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