35 Argonne Ave

Long Beach, CA 90803

$1,775,000
Last Sold Price
8
Beds
10
Baths
3,976 Sq. Ft.
$446 / Sq. Ft.
3,976
Sq. Ft.
$446
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 1/16/15
Closed 1/16/15

Description

Great Investment! Ten units walking distance to the beach. Front two upper units have ocean views. Property includes four garages and two additional parking spaces. Building is separately metered for both gas and electric with an additional meter for the laundry room. Owner has upgraded the units to include new floors, toilets and vanity in the bathrooms, most units have new windows and the exterior has been painted and roof replaced recently as well. Won't last!Great Investment! Ten units walking distance to the beach. Front two upper units have ocean views. Property includes four garages and two additional parking spaces. Building is separately metered for both gas and electric with an additional meter for the laundry room. Owner has upgraded the units to include new floors, toilets and vanity in the bathrooms, most units have new windows and the exterior has been painted and roof replaced recently as well. Won't last!
  1. Listed by Austin Bach • DRE #01468061 • Keller Williams Pacific Estate

Property Details for 35 Argonne Avenue

Parking Spaces Total
6
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3976
Assessor Parcel Number
7247-020-020
Property Attached YN
true
LISTING UPDATED: 01/18/2015 11:42 PM

Property Details for 35 Argonne Avenue

StatusClosed
MLS #PW14215361
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.10 AC / 4,500 SF
CountyLos Angeles County
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Location

Listing Courtesy of Keller Williams Pacific Estate, Austin Bach, DRE #01468061

Sold By Equity Brokers, Janet Irwin, DRE #01887320

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Building Information for 35 Argonne Avenue

Stories2Residences-Year Built1957Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$11,054 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,651

Property Taxes

$2,403

HOA Dues

$0

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Property Information for 35 Argonne Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $10,500
  • Gross Scheduled Income: $126,000
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $90,880
  • Number Of Rented Garages: 4
  • Gross Multiplier: 14.69
  • Cap Rate: 4.9
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $35,120
  • New Taxes Expense: $15,051
  • Cable TV Expense: $0
  • Electric Expense: $150
  • Insurance Expense: $1,580
  • Maintenance Expense: $9,728
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $300
  • Supplies Expense: $1,569
Tax / Assessment Info
  • Tax Year: 2013
  • Tax Tract Number: 3750
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Refrigerator
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Tile, Wood
  • Flooring: Tile, Wood
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 10
  • Levels: Two
  • Water: District
  • Sewer: In Connected and Paid
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Belmont Shore
  • Builders Tract Code: Belmont Shore
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 850
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $925
  • Unit Type Total Rent: $925
  • Unit Type Pro Forma: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1150
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,125
  • Unit Type Total Rent: $1,125
  • Unit Type Pro Forma: 1150
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1

Property History for 35 Argonne Avenue

DateEvent & SourcePriceAppreciation
Jan 16, 2015

Sold

CRMLS #PW14215361

$1,775,000—
Jan 16, 2015

Sold

CLAW #PW14215361MR

$1,775,000—
Oct 31, 2014

Sold (Public Record)

Public Record #486516931

$1,775,000

+1.8% / yr

Oct 7, 2014

Pending

CLAW #PW14215361MR

—
Oct 7, 2014

Pending

CRMLS #PW14215361

—
Oct 6, 2014

Listed (Active)

CLAW #PW14215361MR

$1,899,000—
Oct 6, 2014

Listed (Active)

CRMLS #PW14215361

$1,899,000—
Dec 30, 2013

Withdrawn / Cancelled

CRMLS #OC13192157

$2,200,000—
Dec 30, 2013

Withdrawn / Cancelled

CLAW #OC13192157MR

—
Sep 20, 2013

Listed (Active)

CRMLS #OC13192157

$2,500,000—
Sep 20, 2013

Listed (Active)

CLAW #OC13192157MR

$2,500,000—
Oct 10, 2003

Sold (Public Record)

Public Record #121853376

$1,455,000—
Oct 10, 2003

Sold

CRMLS #CC213404

$1,455,000—
Oct 10, 2003

Sold

CRMLS #P349002

$1,455,000—
Oct 10, 2003

Sold

CLAW #P349002MR

$1,455,000—
Sep 12, 2003

Pending

CRMLS #P349002

—
Sep 12, 2003

Pending

CLAW #P349002MR

—
Jun 23, 2003

Listed (Active)

CRMLS #CC213404

$1,455,000—
Jun 23, 2003

Listed (Active)

CLAW #P349002MR

$1,455,000—
Jun 23, 2003

Listed (Active)

CRMLS #P349002

$1,455,000—
Mar 6, 1999

Sold

CRMLS #CC205075

$750,000—
Mar 6, 1999

Sold

CLAW #P112742MR

$750,000—
Mar 6, 1999

Sold

CRMLS #P112742

$750,000—
Feb 1, 1999

Pending

CLAW #P112742MR

—
Feb 1, 1999

Pending

CRMLS #P112742

—
Jan 3, 1999

Listed (Active)

CLAW #P112742MR

$799,500—
Jan 3, 1999

Listed (Active)

CRMLS #P112742

$799,500—
Jan 3, 1999

Listed (Active)

CRMLS #CC205075

$799,500—
DateEvent & SourcePrice
01/16/2015

Sold

CRMLS #PW14215361

$1,775,000
01/16/2015

Sold

CLAW #PW14215361MR

$1,775,000
10/31/2014

Sold (Public Record)

Public Record #486516931

$1,775,000

+1.8% / yr

10/07/2014

Pending

CLAW #PW14215361MR

—
10/07/2014

Pending

CRMLS #PW14215361

—
10/06/2014

Listed (Active)

CLAW #PW14215361MR

$1,899,000
10/06/2014

Listed (Active)

CRMLS #PW14215361

$1,899,000
12/30/2013

Withdrawn / Cancelled

CRMLS #OC13192157

$2,200,000
12/30/2013

Withdrawn / Cancelled

CLAW #OC13192157MR

—
09/20/2013

Listed (Active)

CRMLS #OC13192157

$2,500,000
09/20/2013

Listed (Active)

CLAW #OC13192157MR

$2,500,000
10/10/2003

Sold (Public Record)

Public Record #121853376

$1,455,000
10/10/2003

Sold

CRMLS #CC213404

$1,455,000
10/10/2003

Sold

CRMLS #P349002

$1,455,000
10/10/2003

Sold

CLAW #P349002MR

$1,455,000
09/12/2003

Pending

CRMLS #P349002

—
09/12/2003

Pending

CLAW #P349002MR

—
06/23/2003

Listed (Active)

CRMLS #CC213404

$1,455,000
06/23/2003

Listed (Active)

CLAW #P349002MR

$1,455,000
06/23/2003

Listed (Active)

CRMLS #P349002

$1,455,000
03/06/1999

Sold

CRMLS #CC205075

$750,000
03/06/1999

Sold

CLAW #P112742MR

$750,000
03/06/1999

Sold

CRMLS #P112742

$750,000
02/01/1999

Pending

CLAW #P112742MR

—
02/01/1999

Pending

CRMLS #P112742

—
01/03/1999

Listed (Active)

CLAW #P112742MR

$799,500
01/03/1999

Listed (Active)

CRMLS #P112742

$799,500
01/03/1999

Listed (Active)

CRMLS #CC205075

$799,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 35 Argonne Avenue

Taxable ValueLand$1,322,031Additions$813,122Total$2,135,153
Tax Record2025$28,839 ($2,403 / month)
Home Facts
Total Finished SqFt3,976 SqFtAbove Grade Finished SqFt3,976 SqFtLot Size4,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLBR4RCountyLOS ANGELESAPN7247-020-020

Schools near 35 Argonne Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - K to 5
Rogers Middle School
Public - 6 to 8
Wilson High School
Public - 9 to 12
Eunice Sato Academy Of Math & Science
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Eunice Sato Academy Of Math & Science
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Pacific Estate, Austin Bach, DRE #01468061

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.