NOT LISTED FOR SALE

Estimated Value: $2,806,684 - $3,444,000

7 Beds
7 Baths
4,152 Sq Ft
$727/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $2,760,000 $665 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $19,104/month

99 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Neighborhood Views
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Will Rogers Mini Park

About This Home

As of June 2022

297 Argonne Avenue is a One-of-A-Kind 1930’s Triplex in Belmont Heights Estates with 4,150 total building square footage and sits on a large 6,340 sqft Lot. This exceptional 3-Unit property is made up of two gorgeous side-by-side town house style 3-bedroom, 2.5-bathroom 1,650 sqft units and one large bright 1 bedroom, 1 bathroom 850 sqft unit each with their own laundry and private garages. The 2-town house style front units can be combined to create a glamorous main house with approximately 3,300 sqft of living space and a 3-Car Garage and still have the 1 bedroom 1 bathroom unit with a 1-Car Private Garage for additional income or a mother-in-law quarters. Two of the units have been completely renovated throughout and the property has beautifully landscaped grounds, wonderful outdoor entertaining areas and a garden-like yard in the center of the lot. This Unique and Stunning Multi-Generational property has many possibilities and is located close to Lowell elementary and Rogers Middle schools, Marine Stadium, and 2nd Street’s Fine Dining and Shops.

Unit A:
Townhouse style 3 bedroom, 2.5 bathroom owner's unit with approximately 1,650 sqft of living space. This home offers great traditional charm and character with lots of natural light, original features and hardwood floors throughout. The Foyer offers a warm and inviting entrance and the living room offers a romantic wood burning fireplace and a large bay window. The formal dining room has French doors to the patio, and a galley kitchen with a ½ bath that make up the first floor. All 3 spacious bedrooms and 2 bathrooms (including the primary retreat) are upstairs. Additionally, there is laundry and a private 2-car garage.

Unit B:
Thoroughly Upgraded and Remodeled 3 Bedroom, 2.5 Bathroom Townhouse Style Unit with 1,650 sqft of living space. This Home Features Hardwood Floors Throughout, Formal Entry, Large Living Room with a Wood Burning Fireplace, a Formal Dining Room, Newer Remodeled Kitchen with Eat-In Area, Newer Appliances and cabinets, inside Laundry/Utility Room, Updated Bathrooms, Primary Suite Retreat with Walk-In Closet, Tons of Storage, and a Private 1-Car Garage.

Unit C:
Completely Upgraded Extra-Large 1 Bedroom, 1 Bathroom Unit with approximately 850 sqft of living space features tons of natural light, hardwood floors, a faux fireplace, office area, updated bathroom, newer kitchen with an eat-in area, high end appliances, a separate laundry room, and a 1-Car Private Garage.

Last Agent to Sell the Property

Kym Elder

Coldwell Banker Realty License #01320231 Listed on: 01/04/2022

Coldwell Banker Realty

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,340 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 4,152 Sq Ft Home
  • Entrance Foyer
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 14 / 7
  • Tax Tract Number 1
  • Assessor Parcel Number 7250029014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,430
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $33,750
  • Operating Expense $39,820
  • Gross Income $132,000
  • Net Operating Income $92,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

6,340 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Heights Estates
  • View: Yes
  • Water Sewer Expenses: 1440.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7250029014
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 664.74
  • Room Type: All Bedrooms Down, Entry, Foyer, Galley Kitchen, Kitchen, Laundry, Living Room, Master Bedroom

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6340.00
  • Lot Size Acres: 0.1455

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 132000.00
  • Gross Scheduled Income: 132000.00
  • Insurance Expense: 3430.00
  • Lot Size Area: 6340.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 92180.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 39820.00
  • Rent Control: No
  • Total Actual Rent: 6000.00
  • Total Expenses: 39820.00

Tax Info

  • New Taxes Expense: 33750.00
  • Tax Block: 7
  • Tax Census Tract: 5776.03
  • Tax Lot: 14
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Yamauchi Elizabeth L
Bought by
Liz Argonne Llc
Current Estimated Value
$3,018,171

Purchase Details

Listed on
Jan 4, 2022
Closed on
Apr 19, 2022
Sold by
Gary W Dokich Pls 401K Profit Sharing Pl
Bought by
Yamauchi Elizabeth L
Seller's Agent
Kym Elder
Coldwell Banker Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,995,000
Sold Price
$2,760,000
Premium/Discount to List
-$235,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$1,750,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Neilson R Todd and Estate Of Kevin T Do
Bought by
Dokich Gary W and The Gary W Dokich Pls

Purchase Details

Closed on
Sep 8, 2008
Sold by
Do Kevin T
Bought by
Neilson R Todd and Estate Of Kevin T Do

Purchase Details

Closed on
Aug 3, 2005
Sold by
The Bristol Westmount Llc
Bought by
Do Kevin T

Purchase Details

Closed on
Jul 3, 1998
Sold by
Do Kevin T and Do Kevin
Bought by
The Bristol Westmount Ltd Liability Co

Purchase Details

Closed on
Mar 20, 1997
Sold by
Larry R Torrance Trust and Ann Torrance Trust
Bought by
Do Kevin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liz Argonne Llc -- None Listed On Document
Yamauchi Elizabeth L $2,760,000 Ticor Title
Dokich Gary W $1,360,000 Advantage Title
Neilson R Todd -- None Available
Do Kevin T -- Lawyers Title Company
The Bristol Westmount Ltd Liability Co -- --
Do Kevin T $499,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yamauchi Elizabeth L $1,750,000
Previous Owner Do Kevin T $399,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $2,760,000 -7.8% $665 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $2,995,000 -- $721 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $35,719 $2,871,300 $1,861,500 $1,009,800
2024 $35,719 $2,815,000 $1,825,000 $990,000
2023 $35,820 $2,815,200 $1,825,800 $989,400
2022 $20,441 $1,654,256 $1,155,549 $498,707
2021 $18,113 $1,460,000 $1,020,000 $440,000
2019 $17,229 $1,365,000 $953,600 $411,400
2018 $16,307 $1,300,000 $908,200 $391,800
2016 $14,415 $1,200,000 $838,300 $361,700
2015 $13,247 $1,130,000 $789,400 $340,600
2014 $13,402 $1,130,000 $789,400 $340,600
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21260802

California Regional Multiple Listing Service (CRMLS)

APN: 7250-029-014

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