Listed by: Melba Conde, Vylla Home, Inc.
$1,225,000
●
House -
Off Market
179 Argonne Avenue
Long Beach, CA 90803
3 Beds
2 Baths
1,348 Ft²
$5,770
Est. Monthly
About This Property
Welcome to rare opportunity first time on the market in 57 years,
179 Argonne Ave, 1926 Spanish style home, 3 bedrooms, 2 baths in
breeze Belmont shore, just off of 2nd street the finest Shopping
and dining experience and steps to the beach, with front courtyard
ready for BBQ and happy times. welcome home in sunny California!!
all appliance's included, new AC and central heating systems, new
drain system and tankless water heater, and guest bathroom, crown
molding throughout, some new hardware and lighting, carport for 2
cars, with alley entrance, needs some TLC !! Hurry this fantastic
opportunity wont last !!!! Back on the market
Unit Size
1,348 Ft²
Days on Market
106 days
Land Size
0.07 acres
Price per sqft
$872
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW24139945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Price Decreased |
$1,175,000
↓ $75K
(6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $1,250,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Belmont Shore
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Listed by: Melba Conde, Vylla Home, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24139945
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24139945
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