Listed by: Andrew Carter, Fiv Realty Co
$1,587,500
●
House -
Off Market
230 Argonne Avenue
Long Beach, CA 90803
3 Beds
2 Baths
2,130 Ft²
$7,857
Est. Monthly
About This Property
This beautiful Spanish style home has it all. Chefs kitchen with a
section designed for baking. Amazing dinning room and sitting room
with fireplace to lookout over the front yard. 2 bedrooms down
stairs with an incredible upstairs living room, office plus retreat
with a fireplace. primary suite is also upstairs with an amazing
balcony to watch the Socal sunsets. Your privet backyard is the
perfect place to unwind the day and enjoy to quiet. This home is
also setup to be converted to a duplex very easily as well as
adding ADU above the garage making it a three unit property.
Steps to 2nd St and the sand. This is true Belmont Shore
living.
Unit Size
2,130 Ft²
Days on Market
134 days
Land Size
0.07 acres
Price per sqft
$751
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 #RS24227029)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Price Decreased |
$1,599,999
↓ $200K
(11.1%) | |
| Price Decreased | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by Fiv Realty Co | $1,799,999 | |
| Listed by Fiv Realty Co | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Belmont Shore
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Listed by: Andrew Carter, Fiv Realty Co
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RS24227029
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RS24227029
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