44 Argonne Ave Long Beach, CA 90803

$6,100,000 Sold Price as of 03/27/2019

8 Beds
8 Baths
3,376 Sq.Ft.

Off Market

$6,100,000 Sold Price as of 03/27/2019 Refinance Your Mortgage

Map preview of 44 Argonne Ave, Long Beach, CA 90803

Property Overview: 44 Argonne Ave Long Beach, CA has 8 bedrooms, 8 bathrooms, 3,376 living square feet and 2,973 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

44 Argonne Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $769,000. The median price per/sqft for Long Beach is $648. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $153,800 for the down payment and will need roughly $15,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 44 Argonne Ave

Last sold for $6,100,000 on March 27th, 2019

March, 2019
Mar 27, 2019

Date

Sold (Public Records)

Public Records

$6,100,000

Price
February, 2019
Feb 12, 2019

Date

Sold (Public Records)

Public Records

--

Price
January, 2019
Jan 28, 2019

Date

Canceled

CRMLS: OC18252292

$2,120,000

Price
Oct 17, 2018

Date

Active

CRMLS: OC18252292

$2,120,000

Price
Listing provided courtesy of CRMLS

The Argonne Avenue Apartments is an 8-unit apartment building located just steps from the beach in the highly desirable Belmont Shore district of Long Beach, CA. The property is conveniently located near the popular retail, entertainment, and dining district on Belmont Shore’s East Second Street. It offers more than 250 unique, upscale boutiques and specialty shops and a myriad of coffee shops, cafes, casual dining taverns, and international specialty restaurants. The offering is comprised of (5) one bedroom/ one bathroom units and (3) studio units. Tenants enjoy an on-site laundry facility and a short walk to the beach. There is also tremendous opportunity to capitalize on strong market trends that should increase rental income by over 45 percent. Given the fantastic location and strong demographics, The Argonne Avenue Apartments is well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.

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Tax History for 44 Argonne Ave

Assessed Value (2020): $2,143,200

Year	Land Value	Improved Value	Assessed Value
2020	$1,224,000	$919,200	$2,143,200

About 44 Argonne Ave

Detailed summary of property

44 Argonne Ave is categorized with a use code of Apartment House (5+ Units) in Long Beach, CA 90803 and last sold on March 27, 2019 for $6,100,000. This property has 8 bedrooms, 8 bathrooms, roughly 3,376 living square feet, and sits on an approximately 2,973 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 644.81% higher than the current median priced home. 44 Argonne Ave was last sold on March 27, 2019 for $6,100,000. Local nearby listings include 3702 E 1st St, 135 Siena Dr and 3665 E 1st St #202. The average home in Long Beach, CA is selling in 65 days. There are currently 781 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 341 of them are condos and 20 are townhomes. If you are the homeowner and looking to sell the home at 44 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 44 Argonne Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1946
Sq. Ft.: 3,376
Lot Size: 2,973
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 7247-021-031

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

$1,600,000

Median List Price/Sq.Ft.

$810

Median Sold Price

$1,543,000

Median Sold Price/Sq.Ft.

$786

Total Inventory

122

Median Sale to List Price %

96.47%

Avg Days on Market

Loan Type

Conventional (47.62%), FHA (0%), VA (9.52%), Cash (33.33%), Other (9.52%)

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