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5113 E The Toledo, Long Beach, CA 90803
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5113 E The Toledo Long Beach, CA 90803

$1,999,000
  • 5 Beds
  • 4 Baths
  • 3,001 Sq.Ft.
For Sale
$1,999,000 Get Pre-Qualified
Map preview of 5113 E The Toledo, Long Beach, CA 90803

Property Overview: 5113 E The Toledo Long Beach, CA has 5 bedrooms, 4 bathrooms, 3,001 living square feet and 5,163 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by David Goodwin | BRE #01940769 | Fiv Realty Co
Last checked: 12 minutes ago | Last updated: September 16th, 2024 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
5,163
HOA Dues
$0/mo
Year built
1943
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
RS24172390
City
Long Beach
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,732
  • Total Rent: $1,732
  • Pro Forma/Market Rent: $1,932
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,932
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,600
  • Net Operating Income: $33,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $600
  • Gas/Fuel: $1
  • Trash: $600
  • Insurance: $1,800
  • Water/Sewer: $1,200

Open Houses for 5113 E The Toledo

Saturday, Sep 21st: 11:00am-2:00pm
Sunday, Sep 22nd: 11:00am-2:00pm
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Property Details for 5113 E The Toledo

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7249012017
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Park (BP)
  • Directions: E Livingston Dr
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 5113 E The Toledo

View property's historical transactions

  • August, 2024

  • Aug 20, 2024

    Date

    Active

    CRMLS: RS24172390

    $1,999,000

    Price

Tax History for 5113 E The Toledo

Assessed Value (2020): $1,021,674
Year Land Value Improved Value Assessed Value
2020 $725,063 $296,611 $1,021,674

Home Value Compared to the Market

This property vs the competition

5113 E The Toledo is listed 156.28% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $666.11 per/sqft which puts the price per square foot 3.11% higher than the median price per square foot for the city of Long Beach.

About 5113 E The Toledo

Detailed summary of property

5113 E The Toledo is a fourplex located in Long Beach, CA 90803 and is currently for sale. This fourplex offers 5 bedrooms, 4 bathrooms, roughly 3,001 living square feet, and sits on an approximately 5,163 square foot lot. 5113 E The Toledo was first listed on ArdentRealEstateGroup.com on August 20, 2024. The homeowner is currently asking $1,999,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 156.28% higher than the median priced home. Local competing homes currently for sale include 229 Roswell Ave, 70 Roswell Ave and 70 Roswell Ave. While the average home in Long Beach, CA is selling in 62 days, 5113 E The Toledo has a days on market of 30 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 5113 E The Toledo Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5113 E The Toledo

Public county record property details
Beds
4
Baths
4
Year built
1943
Sq. Ft.
3,001
Lot Size
5,163
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7249-012-017

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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