5113 E The Toledo Pending

Long Beach,CA 90803

$ 1800000

5 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID RS24172390

Bedrooms 5

HOA Y/N No

Lot Size 5,163 Sqft

Property Sub-Type Res Income 2-4 Units

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.
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.

Location

State CA

County Los Angeles

Area Long Beach (90803)

Zoning Public Rec

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $68

Acceptable Financing Cash,Conventional

Space Rent $3,300

Listing Terms Cash,Conventional

View More
Favorite Go Tour