28 Argonne Ave - Apartments FOR SALE


Long Beach, CA 90803- Belmont Shore
$1,759,000 USD
562-972-4336
28 Argonne Ave, Long Beach, CA for Sale
$1,759,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

28 Argonne Ave
Long Beach, CA 90803
Belmont Shore


HIGHLIGHTS

  • Prime Belmont Shore 4-unit investment blending coastal charm with long-term stability
  • Unit mix: (2) 2BR/1BA + (2) 1BR/1BA, each with separate gas and electric meters
  • 2-car garage with shared laundry and well-maintained exterior for strong curb appeal
  • Fully occupied property in an area with consistent rental demand and low vacancy rates
  • Steps from 2nd Street shops, restaurants, and cafés, plus Rosie’s Dog Beach and Belmont Pier
  • Minutes from 2nd & PCH, offering Whole Foods, boutique retail, and waterfront dining

OVERVIEW

Welcome to 28 Argonne Avenue, a rare investment gem in the heart of Belmont Shore. This charming 4-unit property offers the perfect blend of timeless coastal living and long-term rental stability in one of Long Beach’s most sought-after neighborhoods. The property features two 1-bed, 1-bath units and two 2-bed, 1-bath units, each with its own gas and electric meter for added convenience. A 2-car garage sits off the alley with shared laundry inside, and there's plenty of curb appeal thanks to thoughtful upkeep and that classic Belmont Shore charm. Located near the beach and close to 2nd Street’s iconic shops, restaurants, and cafés, this location delivers when it comes to lifestyle and accessibility. Residents enjoy easy access to Rosie’s Dog Beach, the Belmont Pier, and over four miles of scenic coastline for leisure and recreation. The 2nd & PCH open-air shopping center is also nearby, offering everything from Whole Foods to boutique retailers and waterfront dining. All units are currently occupied, reflecting the strong rental demand in this neighborhood.

FOR SALE DETAILS

PRICE

$1,759,000 USD

PRICE/SF

$651 USD /SF

# OF UNITS

4

PRICE/UNIT

$439,750

CAP RATE

Request Cap Rate

% 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

Beatrix WhippleKeller Williams Pacific EstatesMore Info
562-972-4336

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Beatrix WhippleKeller Williams Pacific EstatesMore Info
562-972-4336

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