5354 East The Toledo

Long Beach, CA 90803

$2,450,000
Last Sold Price
8
Beds
4
Baths
3,976 Sq. Ft.
$616 / Sq. Ft.
3,976
Sq. Ft.
$616
per Sq. Ft.

Description

Absolutely amazing quadraplex located in the heart of Belmont Shore less than a block from the bay and 2 blocks from the Ocean. Situated in the heart of all that is Belmont Shore. Take a stroll to Mother's Beach, a hop skip and a jump to Bay View, a short walk to the restaurant, bars and shopping your heart desires. This 4-unit consists of all 2-bedroom units approximately 1,000 square feet in size each. Seller has permits in the works to convert the 2-car garage into an ADU style apartment with...Absolutely amazing quadraplex located in the heart of Belmont Shore less than a block from the bay and 2 blocks from the Ocean. Situated in the heart of all that is Belmont Shore. Take a stroll to Mother's Beach, a hop skip and a jump to Bay View, a short walk to the restaurant, bars and shopping your heart desires. This 4-unit consists of all 2-bedroom units approximately 1,000 square feet in size each. Seller has permits in the works to convert the 2-car garage into an ADU style apartment with a private yard and entrance. Seller has also initiated permits to renovate all 4 units.
  1. Listed by Joshua Glaz • DRE #01856858 • Brokerage DRE #01856858 • Your Realty Inc.

Property Details for 5354 East The Toledo

Parking Spaces Total
2
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3976
Assessor Parcel Number
7249-017-001
Property Attached YN
false

Location

Listing Courtesy of Your Realty Inc., Joshua Glaz, DRE #01856858

Sold By Will Wheaton Real Estate, Will Wheaton, DRE #01857540

Add your commute
LISTING UPDATED: 07/28/2022 06:44 AM

Property Details for 5354 East The Toledo

StatusClosed
MLS #DW22091802
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.10 AC / 4,508 SF
CountyLos Angeles County

Location

Listing Courtesy of Your Realty Inc., Joshua Glaz, DRE #01856858

Sold By Will Wheaton Real Estate, Will Wheaton, DRE #01857540

Add your commute

Building Information for 5354 East The Toledo

Stories2Residences-Year Built1928Building Size-Lot Size0.10 AC / 4,508 SF

Payment Calculator

$15,986 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,371

Property Taxes

$2,615

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5354 East The Toledo

Income / Expense / Tax Details
Income Details
  • Gross Income: $86,400
  • Gross Scheduled Income: $86,400
  • Net Operating Income: $84,000
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 4029
  • Tax Census Tract: 5774.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Lawn, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Belmont Shore
  • Builders Tract Code: Belmont Shore (BSD)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,730
  • Unit Type Total Rent: $1,730
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 5354 East The Toledo

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5354 East The Toledo

Taxable ValueLand$1,590,000Additions$860,000Total$2,450,000
Tax Record2023$31,375 ($2,615 / month)
Home Facts
Total Finished SqFt3,976 SqFtAbove Grade Finished SqFt3,976 SqFtLot Size4,508 SqFtStyleQuadraplexYear Built1928ZoningLBR2SCountyLOS ANGELESAPN7249-017-001

Schools near 5354 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Your Realty Inc., Joshua Glaz, DRE #01856858

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.