Active

28 Argonne Avenue

Long Beach CA, 90803

$1,950,000


$722.22 per sqft

Active

2,700 sqft

Multi-family

Built in 1928

Listed by Austin Carr with Realty One Group United 562-537-7496

Incredible Opportunity in Belmont Shore- Discover an exceptional investment opportunity with this 4-unit residential property located in the prestigious Belmont Shore neighborhood. This property offers a stable income stream in a highly desirable rental market.

Property Details:
- Two 1-bedroom, 1-bathroom units
- Two 2-bedroom, 1-bathroom units
- One 2-car garage located in the alley
- Four separate electric and gas meters, one for each unit
- Laundry facilities in the 2-car garage

Prime Location:
Situated just a short walk from restaurants, cafes, shops, and the beach, this property boasts an unbeatable location. Residents of 28 Argonne Avenue enjoy the vibrant atmosphere of Belmont Shore, with convenient access to the retail, dining, and entertainment options on 2nd Street.

Recreational and Leisure Activities:
The property is steps away from over 4 miles of uninterrupted coastline, offering endless recreational opportunities at Rosie's Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. Additionally, 28 Argonne Avenue is just under 2 miles from the recently developed 2nd & PCH open-air mall, featuring popular retailers and restaurants.

Accessibility:
The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities.

Appeal to Renters:
This well-manicured property has great curb appeal and is surrounded by an abundance of recreational, entertainment, and retail amenities, making it highly attractive to potential renters. All units are currently occupied, demonstrating the strong demand for rental units in this prime location.

Invest in the continued growth and success at 28 Argonne Avenue, where location and amenities drive the appeal and stability of this exceptional property.

PW24133727

MLS ID

July 3, 2024

Listed

August 30, 2024

Updated

Map

28 Argonne Avenue
Long Beach CA, 90803

Interior Features

Total Stories

2


Laundry Description

In Garage


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr


Days on Market

47


Garage

Yes


Garage Spaces

2


Parking

Door-Multi, Garage, Private


Parking Total

2


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LBR4R

Listing History

Date

Event

Price

8/17/2024

Price change

$1,950,000

-3%

Listing Contact: 310-356-0940 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 8:04 PM UTC

 

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