28 Argonne Ave - Apartments FOR SALE


Long Beach, CA 90803- Belmont Shore
$1,900,000 USD
909-771-8779
28 Argonne Ave, Long Beach, CA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/12
null | 2.98% Cap Rate

28 Argonne Ave
Long Beach, CA 90803
Belmont Shore


HIGHLIGHTS

  • Peek A Boo Ocean View
  • Steps to the Beach
  • Low Maintenance

OVERVIEW

Welcome to 28 Argonne Avenue, a rare opportunity nestled in the heart of Belmont Shore. This charming fourplex offers an unbeatable location just steps from the beach and close walking distance of the vibrant shops, boutiques, and eateries along 2nd Street. These four units are well-maintained with some upgrades while keeping the original 1920’s charm. Ideal for either an investor who wants to add value or ready as in for a long-term hold owner. One of the units boasts a peek-a-boo ocean view, adding a touch of coastal charm. A private parking garage, conveniently accessed from the rear alleyway, provides invaluable convenience and the option for additional income. With its incredible location, low-maintenance design, and proximity to everything Belmont Shore has to offer, this property presents a unique opportunity to own a piece of Southern California's iconic beach lifestyle.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$704 USD /SF

# OF UNITS

4

PRICE/UNIT

$475,000

CAP RATE

2.98%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

LBR4R

APN/PARCEL ID

7247-021-010

ASK ABOUT THIS PROPERTY

Christa VessellColdwell Banker Commercial BLAIRMore Info
909-771-8779

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Christa VessellColdwell Banker Commercial BLAIRMore Info
909-771-8779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.