74 Argonne, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 4 bath
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Long Beach, California 90803
This Versatile Coastal Duplex represents a Prime Investment Opportunity listed at $1,800,000—positioned well below the $1,844,466 Fair Market Value by 2%. This valuation gap provides $44,466 in Instant Equity. Boasting an Excellent Condition Rating following extensive renovations, the property features updated kitchens, quartz countertops, and recessed lighting. Located steps from the sand near 10/10 rated Naples Elementary, it offers rare triplex conversion potential to maximize rental yield. This asset is perfectly suited for Owner-Occupants seeking a high-end house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74 Argonne Subject | $1,800,000* List Price | 4 | 4 | 2,284 | $808 | - |
A 243 Ximeno Avenue Sold | $1,362,000 | 4 | 2 | 1,772 | $769 | 0.6 mi |
B 101 Argonne Sold | $2,300,000 | 4 | 4 | 3,028 | $760 | 0.0 mi |
C 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.6 mi |
D 75 Claremont Active | $1,990,000 List Price | 4 | 4 | 2,237 | $890 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1939, the property has undergone an extensive recent renovation that brings it to modern standards. The interiors feature fully updated kitchens with stainless steel appliances and quartz countertops, modernized bathrooms with contemporary tiling and fixtures, recessed lighting, and refinished hardwood flooring. The property is in turnkey condition with no visible deferred maintenance, qualifying it for the excellent category due to the depth of the recent updates.
Elementary School: Naples Elementary School (10/10).
Situated in the heart of Belmont Shore just steps from the beach and 2nd Street's vibrant shopping and dining, this property commands premium rents and offers an elite coastal lifestyle.
The property offers a rare opportunity to convert the existing duplex into a triplex, potentially increasing annual rental income by approximately $24,000 and maximizing long-term equity.
Despite recent updates, the 1939 construction may involve aging underlying systems such as plumbing or electrical that could require specialized maintenance compared to modern builds.
While the triplex conversion offers high upside, it requires additional upfront capital investment and navigation of local building permits and density regulations to realize the projected returns.
74 and 76 Argonne Avenue presents a rare opportunity in the heart of Belmont Shore, just steps from the sand in one of the most prized coastal locations in Long Beach. Currently configured as a beautifully updated duplex, this 2,284 square foot property sits on a 4,500 square foot lot and offers exceptional flexibility for both investors and owner occupants. The property has been thoughtfully refreshed while maintaining its classic 1939 character. Light filled interiors, updated kitchens and baths, spacious living areas, recessed lighting, and solid construction make this a true move in ready asset with strong bones and long term upside. The current two unit layout provides immediate income potential. For an owner user, this creates an ideal house hack scenario. Live in the front residence and rent the rear unit to significantly offset your mortgage while building equity in one of Southern California’s most desirable beach communities. For investors looking to maximize returns, the configuration offers a clear path to convert the property into a triplex. Adding a third unit could generate approximately $24,000 per year in additional rental income, creating meaningful upside in a supply constrained coastal market where proximity to the beach consistently commands premium rents. Location is everything here. Situated in Belmont Shore within the city of Long Beach, the property is moments from the beach, the bike path, marinas, and the shops and restaurants along 2nd Street. Coastal lifestyle, walkability, and consistent rental demand converge in this neighborhood. With the 2028 Los Angeles Olympics approaching, properties in prime coastal corridors like this are positioned to benefit from increased visibility, infrastructure investment, and heightened demand. Beach close income properties in established communities historically hold value and appreciate over time. Whether you are seeking an income producing asset, a live and rent opportunity, or a long term coastal investment with expansion potential, 74 Argonne delivers location, flexibility, and measurable upside just steps from the ocean.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 67% |
| Baths | 4.0 | 0.0 | 83% |
| Square foot | 2,284 | 2,285 | 50% |
| Lot Size | 4,500 | 3,218 | 71% |
| Price | $1.80M | $1.53M | 83% |
| Price per sq ft | $788 | $760 | 63% |
| Built year | 1939 | 1942 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 148 | 25% |
Feb 28, 2026
$1,800,000
Initial Listing