Heidi Bailey
Keller Williams Coastal Prop.
(949) 356-7766
37 Total Sales
2 in Belmont Shore
$1,525,000 Price Range
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-
- 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
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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
- 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
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
Closed on
Apr 2, 2025
Sold by
Woodlea Properties Inc
Bought by
Purchase Details
Closed on
Dec 20, 2021
Sold by
Woodlea Properties Inc
Bought by
Woodlea Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 4, 2019
Closed on
Feb 26, 2020
Sold by
Antoine Gerald M
Bought by
Woodlea Properties Inc
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Davin Emmons
HomeSmart, Evergreen Realty
List Price
$1,895,000
Sold Price
$1,895,000
Purchase Details
Closed on
Nov 15, 2019
Sold by
4781 E Pch Llc
Bought by
Antoine Gerald M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 4, 2019
Sold by
Kara Alex
Bought by
4781 E Pch Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 23, 2019
Sold by
The Yee Trust
Bought by
Kara Alec
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 19, 2019
Sold by
Johnson Lisa
Bought by
Kara Alec
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 2, 1994
Sold by
Yee Poy and Yee Susan D
Bought by
Yee Poy and Yee Susan D
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Heidi Bailey
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
237 Total Sales
1 in Belmont Shore
$1,297,000 Price
-
Erika Alvarez
Erika Alvarez
RE/MAX Select One
(657) 325-5556
42 Total Sales
1 in Belmont Shore
$1,370,000 Price
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
258 Total Sales
1 in Belmont Shore
$2,450,000 Price
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
38 Total Sales
1 in Belmont Shore
$1,600,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
121 Total Sales
1 in Belmont Shore
$2,099,000 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 |
|---|---|---|---|
| -- | -- | ||
| Woodlea Properties Inc | -- | Ticor Title | |
| Woodlea Properties Inc | -- | None Available | |
| Antoine Gerald M | $1,895,000 | Fidelity National Title | |
| 4781 E Pch Llc | $1,450,000 | Lawyers Title | |
| Kara Alec | $1,285,000 | Lawyers Title | |
| Kara Alec | -- | Lawyers Title | |
| Yee Poy | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | -- | $1,000,000 | |
| Previous Owner | Antoine Gerald M | $823,000 | |
| Previous Owner | 4781 E Pch Llc | $1,015,000 | |
| Previous Owner | Kara Alec | $1,028,000 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2026 | $27,260 | $2,113,904 | $1,589,612 | $524,292 |
| 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
Seller's Agent in 2020
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
86 Total Sales
-
TL
Seller Co-Listing Agent in 2020
Travis LeBouf
-
Davin Emmons
Buyer's Agent in 2020
Davin Emmons
HomeSmart, Evergreen Realty
(949) 874-8961
138 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19257633
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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