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$2,750,000
7 Days On Site

102 Argonne Avenue
Long Beach, CA 90803

For Sale|Apartment|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
6,786
SqFt
$405
/SqFt
1931
Built
Subdivision:
Belmont Shore (BSD)
County:
Los Angeles
Listed by AJ Nay of AJ Nay, Broker [email protected]

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Call Now: 562.896.2456
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562.896.2456
102 Argonne Avenue102 Argonne Avenue102 Argonne Avenue102 Argonne Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$12,547
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Income and expense are using projected market values and put property operating near a projected 6% Cap and 11X Gross (Current estimated 4.43% and 13.3X). Located in the affluent community of Belmont Shore, a Southern California beach community and “college town” being just a few minutes from CSU Long Beach. Both buildings (also for sale with 5290 Division: 8U for $2,150,000) are meticulously cared for, and both have been upgraded with copper plumbing, electrical breakers, and most unit interiors have been upgraded. The investments provide the opportunity to increase your return by increasing the rents to market and separate metering the building utilities, therefore, providing immediate lower overhead/increased cash flow and continued added value in the future with rising utility costs being transferred to the tenants. Laundry is leased and managed by a 3rd party offering further income upside by canceling the contract and installing your own machines. Some units are turning over and may be rented at rates and differ from current income rent roll stated below. Insurance rates stated here are estimates may not be current rate for new owner, so buyer must get own insurance quotes including flood insurance if needed. No parking, street parking only.

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Listing Snapshot
Price 
$2,750,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,786 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.114 Acres
Year Built 
1931
MLS® Number 
PW25031111
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Active Under Contract
3 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.114
Disclosures 
CoastalCommissionRestrictionsCoastalZoneFloodInsuranceRequiredRentControl
Number Of Stories 
3
Parking 
NoneOn Street
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6786
Stories 
Three Or More
Utilities 
Electricity ConnectedNatural Gas Connected
Water Source 
Public
Zoning 
LBR2S
Interior Features
Fireplace Features 
None
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Corner Lot
Pool Features 
None
Roof 
Flat
Community Features
Building Access 
street
Financing Terms Available 
Cash1031 Exchange
MLS Area 
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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