28 Argonne Avenue
Long Beach, CA 90803
$40,000.00 (-2.01%)
Active for $1,950,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 2,169 sqft
| MLS | PW24133727 |
| Year Built | 1928 |
| Property Type | Quadruplex |
| County | Los Angeles |
| Status | Active |
| Active | $1,950,000 |
| Structure Size | N/A sqft |
| Lot Size | 2,169 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Austin Carr, Realty One Group United . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Michael Melik-Bakchian And Associates
REALTOR®
Direct: 818.455.3601
Email: Email Me
DRE: 01914624
DRE #01873088
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