5285 East The Toledo
5285 East The Toledo
$2,195,000
—
8
3,389
3,389
$648
Description
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 apartment’s interiors. Situated in a prime Belmont Park location, 5285 East The Toledo offers exclusively studio floor plans measuring approximately 424 square feet. Residents...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 apartment’s 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 property’s idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shore’s 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 property’s close proximity to Pacific Coast Highway provides residents with easy access throughout Long Beach and neighboring coastal cities.
- Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • 714-713-9086
Property Details for 5285 East The Toledo
Parking Spaces Total
0
Private PoolNo
Total Units8.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3389
Assessor Parcel Number7249-013-038
Property Attached YNfalse
Location
LISTING UPDATED: 04/24/2024 03:04 AM
Property Details for 5285 East The Toledo
Status | Active |
---|---|
MLS # | OC24065252 |
Days on Market | 31 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
County | Los Angeles County |
Location
Building Information for 5285 East The Toledo
Building/Complex5285 E The ToledoFloor-Stories2Residences-Pet Policy-Year Built1947Building Size-
Payment Calculator
$13,047 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5285 East The Toledo
Property History for 5285 East The Toledo
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5285 East The Toledo
Taxable ValueLand$557,604Additions$369,955Total$927,559
Tax Record2023$12,819 ($1,068 / month)
Home Facts
Total Finished SqFt3,389 SqFtAbove Grade Finished SqFt3,389 SqFtLot Size3,309 SqFtStyleMulti-Family Res (5+ Units)Year Built1947ZoningLBR4RCountyLOS ANGELESAPN7249-013-038
Schools near 5285 East The Toledo
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lowell Elementary School PublicK to 5 | ||
Rogers Middle School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Eunice Sato Academy Of Math & Science Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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