Search
221 Argonne Ave, Long Beach, CA 90803
View Photos

221 Argonne Ave Long Beach, CA 90803

$2,000,000 Sold Price as of 10/30/2019
  • 12 Beds
  • 4 Baths
  • 4,258 Sq.Ft.
Sold
$2,000,000 Sold Price as of 10/30/2019 Refinance Your Mortgage
Map preview of 221 Argonne Ave, Long Beach, CA 90803

Property Overview: 221 Argonne Ave Long Beach, CA has 12 bedrooms, 4 bathrooms, 4,258 living square feet and 7,026 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a charming 4-unit multifamily property located in Long Beach, CA. The newly renovated subject property consists of all 3-bedroom / 1-bathroom units. It consists of 4,258 rentable square feet spread throughout a 7,026 lot. This property has a great amount of potential to increase cash flow and ensure to meet current market rents. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living a short distance to local beaches, shopping, restaurants and nightlife in Downtown Long Beach and Belmont Shore.

Listed by Kevin King | BRE #01158184 | Marcus & Millichap
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 104

Home details

Lot Sq. Ft
7,026
HOA Dues
$0/mo
Year built
1946
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19134651
City
Long Beach
County
Los Angeles
Time on Site
1387 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,680
  • Total Rent: $10,680
  • Pro Forma/Market Rent: $11,180
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $131,460
  • Net Operating Income: $82,136
  • Gross Operating Income: $127,516
  • # of Rented Garages: 5
  • Garage Rental Income: $3,300
  • Laundry Income: $500
Annual Expense Breakdown
  • Total Operating Expense: $45,381
  • New Taxes: $24,188
  • Trash: $637
  • Gardener: $980
  • Insurance: $5,623
  • Maintenance: $6,503
  • Professional Management: $5,213
  • Water/Sewer: $637
  • Other Expenses: $1,600
  • Other Expense Description: Misc. Re

Property Details for 221 Argonne Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7249033022
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: 2nd Street & Argonne Ave.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 221 Argonne Ave

Last sold for $2,560,000 on February 25th, 2021

  • February, 2021

  • Feb 25, 2021

    Date

    Sold (Public Records)

    Public Records

    $2,560,000

    Price

  • May, 2020

  • May 24, 2020

    Date

    Expired

    CRMLS: 20557668

    $3,100

    Price

  • Feb 25, 2020

    Date

    Active

    CRMLS: 20557668

    $3,100

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 3 bedroom 1 bathroom unit on the ground floor. Close to Belmont Shore 2nd Street restaurants and shops.

  • October, 2019

  • Oct 30, 2019

    Date

    Sold

    CRMLS: PW19134651

    $2,000,000

    Price

  • Sep 19, 2019

    Date

    Pending

    CRMLS: PW19134651

    $2,150,000

    Price

  • Aug 7, 2019

    Date

    Price Change

    CRMLS: PW19134651

    $2,150,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: PW19134651

    $2,350,000

    Price

  • October, 2019

  • Oct 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,000,000

    Price

Show More

Tax History for 221 Argonne Ave

Assessed Value (2020): $2,000,000
Year Land Value Improved Value Assessed Value
2020 $1,500,000 $500,000 $2,000,000

Home Value Compared to the Market

This property vs the competition

221 Argonne Ave sold on October 30, 2019 for 168.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $504.93 per/sqft which puts the price per square foot 20.11% lower than the current median sale per square foot for the city of Long Beach.

About 221 Argonne Ave

Detailed summary of property

221 Argonne Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 12 bedrooms, 4 bathrooms, roughly 4,258 living square feet, and sits on an approximately 7,026 square foot lot. 221 Argonne Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,000,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 168.75% higher than the current median priced home. Local homes that are currently for sale include 1000 Ximeno Ave, 1102 Termino Ave and 720 Coronado Ave. While the average home in Long Beach, CA is selling in 53 days, 221 Argonne Ave has a days on market of 104 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 221 Argonne Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 221 Argonne Ave

Public county record property details
Beds
8
Baths
4
Year built
1946
Sq. Ft.
4,258
Lot Size
7,026
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25,26
APN
7249-033-022

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$840
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
105
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 221 Argonne Ave

Nearby Homes for Sale

207 Park Ave, Long Beach, CA 90803
$2,149,000
5 Beds
3 Baths
2936 Sq.Ft.
207 Park Ave
Long Beach, CA 90803
179 Saint Joseph Ave, Long Beach, CA 90803
$2,195,000
7 Beds
3 Baths
3012 Sq.Ft.
179 Saint Joseph Ave
Long Beach, CA 90803
268 Park Avenue, Long Beach, CA 90803
$2,290,000
4 Beds
3 Baths
2715 Sq.Ft.
268 Park Avenue
Long Beach, CA 90803
5285 E The Toledo, Long Beach, CA 90803
$2,195,000
0 Beds
8 Baths
3389 Sq.Ft.
5285 E The Toledo
Long Beach, CA 90803
102 La Verne Ave, Long Beach, CA 90803
$1,999,000
4 Beds
3 Baths
2126 Sq.Ft.
102 La Verne Ave
Long Beach, CA 90803
239 Ximeno Ave, Long Beach, CA 90803
$2,000,000
7 Beds
4 Baths
3228 Sq.Ft.
239 Ximeno Ave
Long Beach, CA 90803
337 Ximeno Ave, Long Beach, CA 90814
$2,250,000
4 Beds
3 Baths
2538 Sq.Ft.
337 Ximeno Ave
Long Beach, CA 90814
337 Ximeno Ave, Long Beach, CA 90814
$2,250,000
4 Beds
4 Baths
2538 Sq.Ft.
337 Ximeno Ave
Long Beach, CA 90814
204 Mira Mar Ave, Long Beach, CA 90803
$1,600,000
4 Beds
3 Baths
2116 Sq.Ft.
204 Mira Mar Ave
Long Beach, CA 90803
249 Grand Ave, Long Beach, CA 90803
$1,900,000
5 Beds
3 Baths
3132 Sq.Ft.
249 Grand Ave
Long Beach, CA 90803
3701 E Broadway, Long Beach, CA 90803
$2,249,000
6 Beds
6 Baths
3898 Sq.Ft.
3701 E Broadway
Long Beach, CA 90803
830 Roswell Ave, Long Beach, CA 90804
$2,395,000
11 Beds
6 Baths
4714 Sq.Ft.
830 Roswell Ave
Long Beach, CA 90804

Recently Sold Homes Near 221 Argonne Ave

225 Argonne Ave, Long Beach, CA 90803
$1,700,000 Last Sold Price
3 Beds
5 Baths
2724 Sq.Ft.
225 Argonne Ave
Long Beach, CA 90803
225 Granada Ave, Long Beach, CA 90803
$1,300,000 Last Sold Price
5 Beds
2 Baths
2389 Sq.Ft.
225 Granada Ave
Long Beach, CA 90803
227 Granada Ave, Long Beach, CA 90803
$1,405,000 Last Sold Price
2 Beds
4 Baths
2125 Sq.Ft.
227 Granada Ave
Long Beach, CA 90803
233 Argonne Ave, Long Beach, CA 90803
$1,480,000 Last Sold Price
4 Beds
4 Baths
2329 Sq.Ft.
233 Argonne Ave
Long Beach, CA 90803

Related Resources to 221 Argonne Ave

New Listings in 90803
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Refi Quote