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Sold on 02/21/2020

32 Argonne Ave, Long Beach, CA 90803

  • $1,895,000

    Last sold 02/21/2020 after 109 Days

  • 4

    bed

  • 4

    bath

House not for sale
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About 32 Argonne Ave

Property type House
Neighborhood
Year built 1931
HOA fee $0/month
Lot size 2,168 Sqft
Property description
Totally Remodeled 5 unit building only steps from the sand in Belmont Shore! All units have been extensively renovated including kitchens, bathrooms, flooring, lighting, and finishes. Overall a beautifully restored 1930s building full of character. Units newly leased at market rent, with no risk of rent rollbacks from AB 1482. Low maintenance building with separately metered gas and electric, and no landscaping. Strong income on in-place rents at 16.76 GRM, and makes the perfect 1031 exchange upleg!
Listed by
Listing Agent - Anthony
Listing Office - Buckingham Investments, Inc
Source: San Diego MLS mls logo
MLS#SB19257633 • last updated 6 years ago
Movoto checked San Diego MLS for data 28 minutes ago
Overview
Status SOLD
SubType Res Income 2-4 Units
MLS # SB19257633
Lot Size (SqFt) 2168
Year Built 1931
Exterior
Lot Desc 1-3, 999 SF
Amenities / Utilities
Water Source Other/Remarks
Pool Desc N/K
Location
Neighborhood Belmont Shore (BSD)
County Los Angeles
APN 7247021009
Zoning LBR4R
Directions On East Side Of Street
Multifamily Details
Unit 2: # Bedrooms 1
Unit 3: # Bedrooms 1
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 4: # Total Baths 1
Unit 4: # Bedrooms 1
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 1950
Unit 3: Actual Rent 1895
Unit 4: Actual Rent 1985
Total # of Units 5
Gross Rent Multiplier (Actual) 16.76
Gross Scheduled Income 113100
  • Feb 2020
    mls logo MLS # SB19257633
  • Feb 21, 2020 Sold
    $1,895,000
  • Feb 21, 2020 Sold
    $1,895,000
  • Jan 30, 2020 Pending
    —
  • Jan 30, 2020 Pending
    —
  • Nov 13, 2019 Active
    —
  • Nov 13, 2019 Contingent
    —
  • Nov 4, 2019 Listed
    $1,895,000
  • Nov 4, 2019 Listed
    $1,895,000
  • 32 Argonne Ave
    $1.89M
  • Belmont Shore
    $1.46M -2% y/y
  • 90803
    $1.17M -5% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Lowell Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Rogers Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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