28 Argonne Avenue , Long Beach, CA - 90803 is For Sale

  • PW24133727
  • PW24133727
  • PW24133727
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  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
  • PW24133727
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$1,950,000· Income property

Description

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.

Features

MLS#: PW24133727
List Price : $1,950,000
Total Units : 4
Net Operating Income : $54,600
Sq M : 202 M2
Year Built : 1928
Days on market : 66 Days
Gross taxes : N/A
Address : 28 Argonne Avenue
City : Long Beach
State : CA
Zip Code : 90803
Neighborhood : N/A
Stories : 2
Laundry : In Garage
Parking Features : Garage - Two Door, Private
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $1,950,000
Acres : 0.0498
Lot Size (Acres) : 0.0498
Water : Public
Sewer : Public Sewer
Parking Features : Garage - Two Door, Private
Pool Desc : None
Driving Directions : Just North of Argonne and Ocean Blvd.
Lot Features : 0-1 Unit/Acre
 
Courtesy of : Austin Carr , Realty One Group United

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