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Listed by David Goodwin • Fiv Realty Co
$ 1,600,000
$ 1,800,000 11.1%
Est. payment /mo
Sold on 06/04/2025
5113 East The Toledo Long Beach, CA 90803
3,001 SqFt
UPDATED:
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,001 sqft
Price per Sqft $533
Subdivision Belmont Park
MLS Listing ID RS-24172390
Sold Date 06/04/25
Year Built 1943
Lot Size 5,163 Sqft
Property Sub-Type Quadruplex
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 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. On-site laundry and 4 car garages with lots of outdoor area for patio.
Location
State CA
County Los Angeles
Area 1 - Belmontshore/Pk, Naples, Marinapac, Bay Hbr
Zoning LBR4R
Interior
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description Near Public Transit
Sewer Public Sewer