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5113 E The Toledo

Long Beach, CA 90803
  • $1,800,000
  • STATUS: Active
  • ON SITE: 213 Days
  • MLS #: RS24172390
UPDATED: 191 min ago
$1,800,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Listing Agent(s): David Goodwin of Fiv Realty Co (951-394-0820)


Description

Beautifully designed four-plex in the heart of Belmont Park. Just steps from the scenic canals and vibrant Belmont Shore, Large Lot of 5k+ compared to others in the Shore around 2500-3k. The open-concept layout features a bright living area, a gourmet kitchen with stainless steel appliances, and a luxurious master suite. Outside, a private patio provides the perfect space for al fresco dining and relaxation. With central air, two spacious two-car garages, and proximity to beaches, parks, and shopping, this home embodies Southern California living at its finest. All units have been remodeled.This property features three 1-bed, 1-bath units, along with a spacious 2-bed, 2-bath unit perfect for use as an owners suite. Offering the rare opportunity for immediate owner-occupancy or new tenants at market rent. With significant upside in rents and value-add potential, this is an excellent opportunity for investors or owner-users looking to maximize returns. On-site laundry and 4 car garages with lots of outdoor area for patio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/153870225
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5113 E The Toledo Long Beach, CA 90803

  • Price: $1,800,000
  • Status: Active
  • On Site: 213 Days
  • Updated: 191 min ago
  • MLS #: RS24172390
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1943
Built
Neighborhood:
Belmont Park (Bp)
County:
Los Angeles
Area:
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Property Description
Beautifully designed four-plex in the heart of Belmont Park. Just steps from the scenic canals and vibrant Belmont Shore, Large Lot of 5k+ compared to others in the Shore around 2500-3k. The open-concept layout features a bright living area, a gourmet kitchen with stainless steel appliances, and a luxurious master suite. Outside, a private patio provides the perfect space for al fresco dining and relaxation. With central air, two spacious two-car garages, and proximity to beaches, parks, and shopping, this home embodies Southern California living at its finest. All units have been remodeled.This property features three 1-bed, 1-bath units, along with a spacious 2-bed, 2-bath unit perfect for use as an owners suite. Offering the rare opportunity for immediate owner-occupancy or new tenants at market rent. With significant upside in rents and value-add potential, this is an excellent opportunity for investors or owner-users looking to maximize returns. On-site laundry and 4 car garages with lots of outdoor area for patio.
Exterior Features

Entry Level 1 Entry Location front Lot Features Near Public Transit Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 600 Fuel Expense 1 Garage YN Yes Gross Income 36600 Gross Scheduled Income 36600 Insurance Expense 1800 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit Net Operating Income 33600 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 3000 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Trash Expense 600 Water Sewer Expense 1200 Water Source Public Zoning LBR4R



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): David Goodwin of Fiv Realty Co (951-394-0820)