12 Argonne Avenue, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Coastal Income Duplex represents a strategic acquisition listed at $1,150,000—positioned well below the $1,161,301 Fair Market Value by 1%. This valuation provides $11,301 in Instant Equity. Boasting a Move-In Ready Condition Rating, the property offers Ocean Views from both units and is located steps from the sand. With the 10/10 rated Naples Elementary nearby and a downstairs studio generating $2,100/month, this asset balances lifestyle with immediate cash flow. It is a premier choice for Owner-Occupants or Buy-and-Hold Investors seeking a high-demand Belmont Shore location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Argonne Avenue Subject | $1,150,000* List Price | 0 | 0 | 1,320 | $880 | - |
A 75 Granada Sold | $1,275,000 | 0 | 4 | 1,349 | $945 | 0.1 mi |
B 75 Granada Sold | $1,275,000 | 0 | 0 | 1,349 | $945 | 0.1 mi |
C 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.6 mi |
D 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. While originally built in 1952, the interior images reveal significant cosmetic updates, including modern hardwood and tile flooring, updated light fixtures, and a kitchen equipped with stainless steel appliances and ample cabinetry. The units appear clean and functional with no immediate signs of deferred maintenance, making it suitable for immediate occupancy or investment.
Elementary School: Naples Elementary School (10/10).
Situated steps from the sand in the highly desirable Belmont Shore neighborhood, this property offers immediate beach access and is within walking distance to the dining and shopping on 2nd Street.
As a duplex with a vacant 2-bedroom upstairs unit and a leased downstairs studio generating $2,100/month, the property provides immediate cash flow and flexibility for an owner-user or investor.
The property only includes a one-car garage for two units, which is a significant constraint in a high-density beach area where street parking is often difficult to find.
With a lot size of only 1,178 square feet, there is virtually no private outdoor yard space, which may limit appeal for buyers looking for traditional outdoor entertaining areas.
Beach Duplex Located steps from the sand, 12 Argonne Ave. Unit A: This is the upstairs 2bed/1bath unit. This unit has ocean views and includes, a fireplace, hardwood, tile & vinyl flooring, ample kitchen cabinetry, stainless steel sink, dishwasher, gas range stove & oven with hood, refrigerator, ceiling fans, bathroom vanity and shower with tile flooring & backsplash. Unit B; Downstairs is a Studio Unit with Ocean Views, Fireplace, Kitchen, Bathroom with Shower. There is a 1 car garage with shared washer/dryer for both units. Plenty of street parking. Easy access to 2nd street and the beach conveniently located right across Ocean Avenue.-Happy Spring & Welcome to your new investment and/or Home! Upstairs Unit is Currently Vacant & Downstairs Studio is Leased at $2,100/month.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,320 | 2,280.5 | 13% |
| Lot Size | 1,178 | 3,153 | 4% |
| Price | $1.15M | $1.51M | 17% |
| Price per sq ft | $871 | $760 | 71% |
| Built year | 1952 | 1943 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 148 | 8% |
Apr 3, 2026
$1,150,000
Initial Listing
Nov 23, 2021
$1,200,000
Public Record