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,… Read More 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. Read Less
Property listed by Realty One Group United, Austin Carr 562-537-7496
Listing Snapshot
Days Online
77
Last Updated
Property Type
Quadruplex
Lot Size
0.05 Acres
Year Built
1928
MLS Number
PW24133727
Additional Details
Building
Built in 1928, Building area total: 2,700, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: Item2CommonWalls
Community
Suburban
Expenses
Insurance expense: $3,000, New taxes expense: $24,278, Operating expense: $29,400, Trash expense: $1,061, Water sewer expense: $1,061
Based on information from California Regional Multiple Listing Service, Inc. as of 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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