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$1,999,000
Est. payment /mo
5 Beds
4 Baths
5,163 Sqft Lot
UPDATED:
09/26/2024 11:38 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS24172390
Bedrooms 5
HOA Y/N No
Lot Size 5,163 Sqft
Property 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 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.
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 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.
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 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.
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
Others
Monthly Total Fees $68
Acceptable Financing Cash, Conventional
Space Rent $1,732
Listing Terms Cash, Conventional
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Listed by David Goodwin • Fiv Realty Co
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878