flag This property
sold
for
$1,895,000 6 years ago.
32 Argonne Avenue
Long Beach,
CA 90803
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 1930’s 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!
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Listing Agent: Anthony Walker | Office: Buckingham Investments, Inc
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