5285 E The Toledo
Long Beach, CA 90803
- – beds
- – baths
- – sqft
- 3,484 sqft lot
- 1947 build
- – on site
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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.
Last checked:
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Last updated May 23, 2024
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MLS# OC24065252 —
The Building
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Year Built:1947
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:3389.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:8
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Stories Total:2
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Levels:Two
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Entry Location:First level
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Laundry:Community
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Laundry:1
Location
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Directions:Cross Streets of East The Toledo & La Verne Avenue
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Latitude:33.76211300
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Longitude:-118.13125300
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR4R
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Lot Features:Level with Street
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Lot Size Area:0.0800
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Lot Size Acres:0.0800
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Lot Size SqFt:3484.80
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:15
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Tax Census Tract:5774.00
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Tax Tract:7029
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Tax Lot:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7249013038
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Belmont Shore (BSD)
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Subdivision:Belmont Shore (BSD)
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Senior Community:No
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Private Pool:No
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Association:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/23/24
May 23, 2024
|
Sold | CRMLS_CA | $2,150,000 | -2.1% |
|
5/20/24
May 20, 2024
|
Pending | CRMLS_CA | $2,195,000 | |
|
5/9/24
May 9, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $2,195,000 |
