Seller's Agent in 2020
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
89 Total Sales
32 Argonne Ave Long Beach, CA 90803
Belmont Shore Neighborhood
4
Beds
5
Baths
2,934
Sq Ft
2,168
Sq Ft Lot
Highlights
- No HOA
- Lowell Elementary School Rated A-
- Property is near a preserve or public land
About This Home
As of February 2020Totally 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!
Last Agent to Sell the Property
Buckingham Investments, Inc License #01908153 Listed on: 11/04/2019
Co-Listed By
Travis LeBouf
License #01938822
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 2,168 Sq Ft Lot
- No Common Walls
- No Landscaping
- Density is 2-5 Units/Acre
Home Design
- 2,934 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 13 / 22
- Tax Tract Number 3750
- Assessor Parcel Number 7247021009
Community Details
Overview
- No Home Owners Association
- 5 Units
- Property is near a preserve or public land
Recreation
- Water Sports
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $1,100
- Insurance Expense $4,572
- Maintenance Expense $5,485
- Pest Control $500
- Professional Management Expense $5,485
- New Taxes Expense $23,688
- Operating Expense $41,095
- Gross Income $109,707
- Net Operating Income $68,612
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2020 02/21/20 | Sold | $1,895,000 | 0.0% | $646 / Sq Ft |
| 11/12/2019 11/12/19 | Pending | -- | -- | -- |
| 11/04/2019 11/04/19 | For Sale | $1,895,000 | -- | $646 / 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 | $27,260 | $2,072,456 | $1,558,444 | $514,012 |
| 2024 | $26,094 | $2,031,821 | $1,527,887 | $503,934 |
| 2023 | $25,654 | $1,991,982 | $1,497,929 | $494,053 |
| 2022 | $24,060 | $1,952,924 | $1,468,558 | $484,366 |
| 2021 | $23,593 | $1,914,632 | $1,439,763 | $474,869 |
| 2020 | $18,540 | $1,479,320 | $1,020,000 | $459,320 |
| 2019 | $5,172 | $363,586 | $124,597 | $238,989 |
| 2018 | $5,030 | $356,464 | $122,154 | $234,310 |
| 2016 | $4,626 | $342,315 | $117,411 | $224,904 |
| 2015 | $4,452 | $337,174 | $115,648 | $221,526 |
| 2014 | $4,445 | $330,570 | $113,383 | $217,187 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Walker
-
T
Seller Co-Listing Agent in 2020
Travis LeBouf
-
Davin Emmons
Buyer's Agent in 2020
Davin Emmons
HomeSmart, Evergreen Realty
(949) 874-8961
150 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19257633
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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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