74 76 Argonne, Long Beach, CA 90803

$1,650,000

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List Price
$1,650,000
Status
ACTIVE UNDER CONTRACT
MLS#
PW26089883
Year Built
1939
Lot Size
4,500
Acres
0.10
Lot Location
Back Yard
Days on Market
93
Property Type
Multifamily
Property Sub Type
Duplex
Neighborhood
Belmont Shore (Bsd)

Property Description

74 and 76 Argonne Avenue presents a rare opportunity in the heart of Belmont Shore, just steps from the sand in one of the most prized coastal locations in Long Beach. Currently configured as a beautifully updated duplex (EZ convert to 3 units), this 2,284 square foot property sits on a 4,500 square foot "double lot" and offers exceptional flexibility for both investors and owner occupants. The property has been thoughtfully refreshed while maintaining its classic 1939 character. Light filled interiors, updated kitchens and baths, spacious living areas, recessed lighting, and solid construction make this a true move in ready asset with strong bones and long term upside. The current two unit layout provides immediate income potential. For an owner user, this creates an ideal house hack scenario. Live in the front residence and rent the rear unit to significantly offset your mortgage while building equity in one of Southern California’s most desirable beach communities. For investors looking to maximize returns, the configuration offers a clear path to convert the property into a triplex. Adding a third unit could generate approximately $24,000 per year in additional rental income, creating meaningful upside in a supply constrained coastal market where proximity to the beach consistently commands premium rents. Location is everything here. Situated in Belmont Shore within the city of Long Beach, the property is moments from the beach, the bike path, marinas, and the shops and restaurants along 2nd Street. Coastal lifestyle, walkability, and consistent rental demand converge in this neighborhood. With the 2028 Los Angeles Olympics approaching, properties in prime coastal corridors like this are positioned to benefit from increased visibility, infrastructure investment, and heightened demand. Beach close income properties in established communities historically hold value and appreciate over time. Whether you are seeking an income producing asset, a live and rent opportunity, or a long term coastal investment with expansion potential, 74 Argonne delivers location, flexibility, and measurable upside just steps from the ocean.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Central, Wall Furnace
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$84,000
Operating Expense
25200

Listing courtesy of Listing Agent: Dave Chamberlain (dave@teamchamberlain.com) from Listing Office: Team Chamberlain Realty Exe..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.