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$1,650,000
Est. payment /mo
4 Beds
4 Baths
4,500 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW26089883
Bedrooms 4
Lot Size 4,500 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
74 and 76 Argonne Avenue presents a rare opportunity in the heart of Belmont Shore, just steps from the sand in one of the most prized coastal locations in Long Beach. Currently configured as a beautifully updated duplex (EZ convert to 3 units), this 2,284 square foot property sits on a 4,500 square foot "double lot" and offers exceptional flexibility for both investors and owner occupants. The property has been thoughtfully refreshed while maintaining its classic 1939 character. Light filled interiors, updated kitchens and baths, spacious living areas, recessed lighting, and solid construction make this a true move in ready asset with strong bones and long term upside. The current two unit layout provides immediate income potential. For an owner user, this creates an ideal house hack scenario. Live in the front residence and rent the rear unit to significantly offset your mortgage while building equity in one of Southern Californias most desirable beach communities. For investors looking to maximize returns, the configuration offers a clear path to convert the property into a triplex. Adding a third unit could generate approximately $24,000 per year in additional rental income, creating meaningful upside in a supply constrained coastal market where proximity to the beach consistently commands premium rents. Location is everything here. Situated in Belmont Shore within the city of Long Beach, the property is moments from the beach, the bike path, marinas, and the shops and restaurants along 2nd Street. Coastal lifestyle, walkability, and consistent rental demand converge in
Location
State CA
County Los Angeles
Zoning Assessor
Direction From Ocean turn on Granada, Left on 1st, Left on Argonne
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7247021002
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://youtu.be/dehBjC0-WyQ
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Listed by Dave Chamberlain, DRE#00762670 Team Chamberlain Realty Exe.
Nearby School & Business
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