5279 E The Toledo Long Beach, CA 90803

$1,985,000 Sold Price as of 03/10/2016

-- Beds
8 Baths
3,389 Sq.Ft.

Off Market

$1,985,000 Sold Price as of 03/10/2016 Refinance Your Mortgage

Map preview of 5279 E The Toledo, Long Beach, CA 90803

Property Overview: 5279 E The Toledo Long Beach, CA has -- bedrooms, 8 bathrooms, 3,389 living square feet and 3,754 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5279 E The Toledo is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $769,000. The median price per/sqft for Long Beach is $648. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $153,800 for the down payment and will need roughly $15,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Long Beach Agent

Sale History for 5279 E The Toledo

Last sold for $1,985,000 on March 10th, 2016

April, 2024
Apr 17, 2024

Date

Expired

CRMLS: OC24009701

$2,800,000

Price
Jan 16, 2024

Date

Active

CRMLS: OC24009701

$2,800,000

Price
Listing provided courtesy of CRMLS

3.45% Assumable Loan! 5279 E The Toledo is an 8-unit, fully stabilized, turn-key apartment building in prime Belmont Shore, within close proximity to Naples Island, 2nd Street shopping and dining and Saint & Second Shopping Mall. The unit mix consists of (8) large studio units with upgraded counter tops, flooring and fixtures. Units are individually metered with an in-place RUBS program and onsite laundry providing additional income.

Continue Reading
July, 2023
Jul 6, 2023

Date

Expired

CRMLS: OC23038334

$3,095,000

Price
Mar 7, 2023

Date

Active

CRMLS: OC23038334

$3,300,000

Price
Listing provided courtesy of CRMLS

This 8-unit Garden-style apartment complex is located in Los Angeles County’s rapidly growing Long Beach Market. Consisting of (8) large Studio units, every tenant appreciates, upgraded interiors, on-site laundry facility and modern exterior upgrades. Strategically located steps away from shopping and entertainment of Belmont Shores and Naples Island. Access to commuting freeways and core job markets continues to make this location irreplaceable. This generational asset offers a rare opportunity to own in one of the most desired neighborhoods in Southern California. A future investor will enjoy long-term upside with this asset, due to a continued shortage of apartment housing and lack of affordability in single-family homes in Southern California. *Attractive assumable financing available! (3.45% I/0 4 Years Remaining, $900k Loan)

Continue Reading
July, 2019
Jul 11, 2019

Date

Expired

CRMLS: NP19051107

$2,100,000

Price
Jun 24, 2019

Date

Active

CRMLS: NP19051107

$2,100,000

Price
Jun 2, 2019

Date

Pending

CRMLS: NP19051107

$2,100,000

Price
May 14, 2019

Date

Price Change

CRMLS: NP19051107

$2,100,000

Price
Mar 19, 2019

Date

Active

CRMLS: NP19051107

$2,150,000

Price
Listing provided courtesy of CRMLS

PRIME EIGHT UNIT turn key property in the Belmont Park/ Belmont Shore area. Two story balcony style building located just a few blocks from beach and boating. All are Studio/one bath units. Comprised of four floor plans, this building is in prime condition. The units were renovated in 2015, with upgraded bathrooms and interiors that include laminated hardwood floors. The site offers 1.5 parking spaces, in a residential neighborhood with an abundance of street parking. On-site laundry room. Exterior re-landscaped and painted in 2017. An opportunity to own an asset with top appreciation, solid rental income, in a prime Long Beach neighborhood. ASSUME EXISTING 1ST. TD. ARM loan balance is approx. $1,040,000 @ 3.56% due 5/2023. TAKE ADVANTAGE OF THIS GREAT OPPORTUNITY!

Continue Reading
November, 2018
Nov 10, 2018

Date

Expired

CRMLS: NP17247725

$2,250,000

Price
Oct 1, 2018

Date

Price Change

CRMLS: NP17247725

$2,250,000

Price
May 4, 2018

Date

Price Change

CRMLS: NP17247725

$2,299,000

Price
Jan 14, 2018

Date

Price Change

CRMLS: NP17247725

$2,390,000

Price
Nov 11, 2017

Date

Active

CRMLS: NP17247725

$2,450,000

Price
Listing provided courtesy of CRMLS

PRIME turn key property in high demand Belmont Shore /Belmont Park. A two story balcony style EIGHT UNIT building located just a few blocks from the beach, with 8 Studio/one bath units. Comprised of four different floor plans, the building is in turn key condition. All eight units have been renovated, with upgraded bathrooms and interiors that include hardwood laminated floors. The site offers 1.5 parking spaces, in a residential neighborhood with an abundance of street parking. The building has an on-site laundry room. Exterior re-landscaped and painted in 2017. An opportunity to own an asset with top appreciation, great rental income, in one of Long Beach's best neighborhoods! ASSUME EXISTING 1ST.TD, approx. $1,050,000 @ 3.56% due 5/2023. THIS PROPERTY GOES OFF MARKET OCTOBER 31ST. SO TAKE ADVANTAGE OF THIS OPPORTUNITY!

Continue Reading
March, 2016
Mar 10, 2016

Date

Sold (Public Records)

Public Records

$1,985,000

Price
February, 2015
Feb 3, 2015

Date

Sold (Public Records)

Public Records

$1,500,000

Price

Tax History for 5279 E The Toledo

Assessed Value (2020): $2,148,626

Year	Land Value	Improved Value	Assessed Value
2020	$1,190,674	$957,952	$2,148,626

About 5279 E The Toledo

Detailed summary of property

5279 E The Toledo is categorized with a use code of Apartment House (5+ Units) in Long Beach, CA 90803 and last sold on March 10, 2016 for $1,985,000. This property has -- bedrooms, 8 bathrooms, roughly 3,389 living square feet, and sits on an approximately 3,754 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 142.37% higher than the current median priced home. 5279 E The Toledo was last sold on March 10, 2016 for $1,985,000. Local nearby listings include 36 Santa Ana Ave, 230 Campo Dr and 5524 Spinnaker Bay Dr. The average home in Long Beach, CA is selling in 65 days. There are currently 781 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 341 of them are condos and 20 are townhomes. If you are the homeowner and looking to sell the home at 5279 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 5279 E The Toledo

Public county record property details

Beds: --
Baths: 8
Year built: 1947
Sq. Ft.: 3,389
Lot Size: 3,754
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3,4
APN: 7249-013-039

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

$1,600,000

Median List Price/Sq.Ft.

$810

Median Sold Price

$1,543,000

Median Sold Price/Sq.Ft.

$786

Total Inventory

122

Median Sale to List Price %

96.47%

Avg Days on Market

Loan Type

Conventional (47.62%), FHA (0%), VA (9.52%), Cash (33.33%), Other (9.52%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote