Allison Van Wig
Responds Quickly
Keller Williams Coastal Prop.
(562) 582-8861
237 Total Sales
1 in Belmont Shore
$1,297,000 Price
102 Argonne Ave Long Beach, CA 90803
Belmont Shore Neighborhood
4
Beds
6
Baths
6,786
Sq Ft
4,966
Sq Ft Lot
Highlights
- Dual Staircase
- Corner Lot
- Laundry Facilities
- Lowell Elementary School Rated A-
About This Home
As of August 2025Income 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, 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.
Last Agent to Sell the Property
AJ Nay
AJ Nay, Broker Brokerage Phone: 305-433-3300 License #01249470 Listed on: 04/28/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 4,966 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- On-Street Parking
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 6,786 Sq Ft Home
- 3-Story Property
- Dual Staircase
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Bathrooms
Additional Features
- Urban Location
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 15 / 21
- Tax Tract Number 3750
- Assessor Parcel Number 7247016013
Community Details
Overview
- 10 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $5,764
- Insurance Expense $10,800
- Maintenance Expense $16,631
- Water Sewer Expense $9,628
- New Taxes Expense $35,750
- Operating Expense $78,573
- Gross Income $206,664
- Net Operating Income $163,213
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2025
Closed on
Jul 14, 2025
Sold by
Bought by
Seller's Agent
AJ Nay
AJ Nay, Broker
Buyer's Agent
Alec Kara
Keller Williams Pacific Estate
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,415,000
Outstanding Balance
$1,401,373
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2009
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 1999
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 1999
Sold by
Bought by
Purchase Details
Closed on
Apr 10, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Allison Van Wig
-
Erika Alvarez
Erika Alvarez
RE/MAX Select One
(657) 325-5556
40 Total Sales
1 in Belmont Shore
$1,370,000 Price
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
256 Total Sales
1 in Belmont Shore
$2,450,000 Price
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
36 Total Sales
1 in Belmont Shore
$1,600,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
126 Total Sales
1 in Belmont Shore
$2,099,000 Price
-
Bill Ruth
Bill Ruth
Coastal Legacy Realty Group
(424) 588-6482
29 Total Sales
1 in Belmont Shore
$2,365,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,600,000 | Orange Coast Title Company | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,415,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Sold | $2,600,000 | -5.5% | $383 / Sq Ft |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | For Sale | $2,750,000 | -- | $405 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,068 | $950,965 | $272,597 | $678,368 |
| 2024 | $13,417 | $932,319 | $267,252 | $665,067 |
| 2023 | $13,173 | $914,039 | $262,012 | $652,027 |
| 2022 | $12,394 | $896,118 | $256,875 | $639,243 |
| 2021 | $12,097 | $878,548 | $251,839 | $626,709 |
| 2019 | $11,922 | $853,921 | $244,370 | $609,551 |
| 2018 | $11,606 | $837,207 | $239,579 | $597,628 |
| 2016 | $10,666 | $803,325 | $230,277 | $573,048 |
| 2015 | $10,261 | $791,260 | $226,819 | $564,441 |
| 2014 | $10,235 | $775,761 | $222,376 | $553,385 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2025
AJ Nay
AJ Nay, Broker
-
Alec Kara
Buyer's Agent in 2025
Alec Kara
Keller Williams Pacific Estate
(562) 513-7800
3 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25031111
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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