$1,759,000
$36K PRICE DROP

Estimated payment $10,817/month

Total Views 5,524
6 Beds
4 Baths
2,700 Sq Ft
$651 Price per Sq Ft

About This Home

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 cafes, 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.

Listing Agent

Beatrix Whipple

Keller Williams Pacific Estate Brokerage Phone: 562-972-4336 License #01355505 Listed on: 07/08/2025

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,329

Year Built

  • Built in 1928

Lot Details

  • 2,169 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 14 / 22
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247021010
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Belmont Shore Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $3,000
  • Pest Control $50
  • Trash Expense $1,061
  • Water Sewer Expense $1,061
  • New Taxes Expense $24,278
  • Operating Expense $29,400
  • Net Operating Income $54,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,329

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 439750
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 1061.00
  • Zoning: LBR4R
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 7247021010
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 651.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 50.00
  • Sewer: Public Sewer
  • Trash Expense: 1061.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2169.00
  • Lot Size Acres: 0.0498

Multi Family

  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 2169.0000 Square Feet
  • Net Operating Income: 54600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29400.00
  • Rent Control: No
  • Total Actual Rent: 7000.00
  • Total Expenses: 29400.00

Tax Info

  • New Taxes Expense: 24278.00
  • Tax Block: 22
  • Tax Census Tract: 5773.00
  • Tax Lot: 14
  • Tax Tract Number: 3750

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $18,329 $1,445,045 $1,012,073 $432,972
2024 $18,329 $1,416,712 $992,229 $424,483
2023 $18,020 $1,388,934 $972,774 $416,160
2022 $16,905 $1,361,700 $953,700 $408,000
2021 $16,572 $1,335,000 $935,000 $400,000
2019 $11,437 $891,375 $429,076 $462,299
2018 $11,154 $873,913 $420,663 $453,250
2016 $10,262 $839,230 $404,329 $434,901
2015 $9,851 $826,625 $398,256 $428,369
2014 $9,789 $810,433 $390,455 $419,978
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $1,759,000 -2.0% $651 / Sq Ft
07/08/2025 07/08/25 For Sale $1,795,000 -- $665 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- Tredway Lumsdaine & Doyle Llp
Interfamily Deed Transfer -- Commonwealth
Grant Deed $672,500 --
Gift Deed -- Chicago Title
Gift Deed -- --
Grant Deed $415,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $693,700 New Conventional
Previous Owner $746,000 Purchase Money Mortgage
Previous Owner $130,000 Credit Line Revolving
Previous Owner $645,000 Unknown
Previous Owner $640,000 Unknown
Previous Owner $58,500 Unknown
Previous Owner $538,000 No Value Available
Previous Owner $30,000 Credit Line Revolving
Previous Owner $415,000 No Value Available
Previous Owner $30,000 Unknown
Previous Owner $40,000 Unknown
Previous Owner $311,250 No Value Available
Closed $100,875 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25151467

California Regional Multiple Listing Service (CRMLS)

APN: 7247-021-010