$2,195,000 - 5285 E The Toledo,

  • 0.08Acres

Home For Sale

5285 East The Toledo is a rare 8-unit multifamily investment property located in the prime Belmont Park neighborhood of Long Beach, CA. 5285 East The Toledo offers investors an opportunity to preserve its existing vintage and character, while allowing a new investor to capture upwards of 30% rental upside by modernizing the apartments interiors. Situated in a prime Belmont Park location, 5285 East The Toledo offers exclusively studio floor plans measuring approximately 424 square feet. Residents enjoy the propertys idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shores 2nd Street. The property is also just over 1 mile from 2nd & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of popular retailers and restaurants. Additionally, 5285 East The Toledo is in close proximity to Marine Stadium, Marina Vista Park, and Alamitos Bay, providing residents with an abundance of recreational opportunities. Furthermore, the propertys close proximity to Pacific Coast Highway provides residents with easy access throughout Long Beach and neighboring coastal cities.

Sales Agent

Sam Smith
  • Sam Smith
  • Beach Cities Luxury Homes
  • Phone: 619-988-9707
  • Cell: 619-988-9707
  • Contact Agent Now

Amenities

  • PoolN/K

Additional Information

  • Date ListedApril 2nd, 2024
  • Days on Market37
  • ZoningAssessor

Essential Information

  • MLS® #OC24065252
  • Price$2,195,000
  • Bathrooms0.00
  • Acres0.08
  • TypeResidential Income
  • StatusCONTINGENT

Exterior

  • Lot DescriptionCurbs, Sidewalks

Community Information

  • Address5285 E The Toledo
  • AreaLONG BEACH (90803)
  • CountyLos Angeles
  • StateCA
  • Zip Code90803

Interior

  • # of Stories2

Similar Type Properties to OC24065252, 5285 E The Toledo,

Back to Results

3056 E Broadway

$2,400,000
8 Beds
Baths
1 Days On Market
Community:

249 Grand Avenue

$1,900,000
5 Beds
Baths
46 Days On Market
Community:

219 Prospect Avenue

$2,590,000
5 Beds
Baths
5 Days On Market
Community: Belmont Heights

179 Saint Joseph Avenue

$2,195,000
7 Beds
Baths
2 Days On Market
Community:

Similar Neighborhoods to "" in , California

Back to Results

  • City:
  • Price Range:
    $127,888 - $32,000,000
  • Current Listings:
    2342
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $

Belmont Heights

  • City:
  • Price Range:
    $1,550,000 - $2,590,000
  • Current Listings:
    3
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $

Back to Search Results

Provided By: Marcus & Millichap RE Invest.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.

Listing information last updated on May 16th, 2024 at 7:48am PDT.