5113 E The Toledo

Long Beach, CA 90803
$1,999,000
0.12 acres | #RS24172390
Courtesy of Fiv Realty Co

Description

Welcome to 5113 E The Toledo, a beautifully designed four-plex in the heart of Belmont Park. Just steps from the scenic canals and vibrant Belmont Shore, this residence offers an ideal blend of coastal charm and modern convenience. 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, 1-bath unit perfect for use as an owner’s 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.

  • Property Details
      • Stories:2
      • Lot description:NearPublicTransit
      • Acres:0.1185
      • Parking spaces:4
      • Property type:Multi-Family
      • Year built:1943
      • Sewer information:PublicSewer
      • Utility source:Public
      • Subdivision:Belmont Park (BP)
      • County:Los Angeles
      • Original List Price:$1, 999, 000
      • MLS #:RS24172390
      • Cost:1999000
      • Property subtype:Quadruplex
      • MLS #:RS24172390

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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