Home | Los Angeles County | Long Beach | 90813 | 1071 N Almond Ct
MLS: CRSB26196998 | Status: | Price: $888,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 4,257 | 1928 |
We are pleased to present 1071 N Almond Ct, a five-unit apartment building and multi-layered value-add opportunity in a strong Long Beach infill location. The building is 3,221 SF, sits on a 4,257 SF lot, and benefits from a strong unit mix of (3) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. At $177,600/unit and $275.69/SF — both well below comp averages — the offering represents an attractive entry basis in a tightly held submarket. At a 3.5% CAP rate and 15.8 GRM on current in-place rents, this offering carries roughly 125% in rent upside, which would impute a 10.1% Market CAP and 7.0 Market GRM on stabilized market rents. Four units are occupied at rents well below market; the rear unit will be delivered vacant and requires full renovation. Further, the building benefits from efficient lot coverage, with a detached rear garage presenting a potential ADU conversion candidate and a second garage ADU opportunity once the rear building is renovated (buyer to verify). In addition, the property scores 93 on Walk Score and sits roughly three miles from the Port of Long Beach, which supports an estimated one in five jobs citywide. Demand is further supported by Anduril's $1 billion Douglas Park campus and its roughly 5,500 projected jobs. Full build-out of highest and best use is modeled
| Field | Value |
|---|---|
| MLS # | CRSB26196998 |
| MLS Source | California Regional MLS |
| Days on Site | 9 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
Joshua Barut
Lyon Stahl Investment Real Estate, Inc.
License #: 01971720
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Lincoln Elementary School | public | K-5 | 0.12 mi | 7 |
| Franklin Classical Middle School | public | 6-8 | 0.47 mi | 4 |
| Whittier Elementary School | public | K-5 | 0.61 mi | 5 |
| Polytechnic High School | public | 9-12 | 0.65 mi | 7 |
| Stevenson Elementary School | public | K-5 | 0.68 mi | 5 |
| Roosevelt Elementary School | public | K-5 | 0.73 mi | 5 |
| Burbank Elementary School | public | K-5 | 0.80 mi | 7 |
| Renaissance High School For The Arts | public | 9-12 | 0.89 mi | 8 |
| Robinson Academy | public | K-8 | 0.90 mi | 5 |
| Washington Middle School | public | 6-8 | 0.90 mi | 4 |
| International Elementary School | public | K-5 | 0.95 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 0.95 mi | 3 |
| Alvarado Elementary School | public | K-5 | 1.06 mi | 9 |
| Lee Elementary School | public | K-5 | 1.08 mi | 6 |
| Willard Elementary School | public | K-5 | 1.09 mi | 3 |
| Signal Hill Elementary School | public | K-5 | 1.27 mi | 8 |
| Educational Partnership High School | public | 9-12 | 1.28 mi | 3 |
| Burnett Elementary School | public | K-5 | 1.36 mi | 4 |
| Edison Elementary School | public | K-5 | 1.53 mi | 3 |
| Mann Elementary School | public | K-5 | 1.55 mi | 7 |
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This listing information is up-to-date as of September 09, 2026. For the most current information, please contact Joshua Barut.