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5300 E The Toledo, Long Beach, CA 90803
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5300 E The Toledo Long Beach, CA 90803

$1,300,000 Sold Price as of 03/19/2021
  • 2 Beds
  • 3 Baths
  • 1,644 Sq.Ft.
Sold
$1,300,000 Sold Price as of 03/19/2021 Refinance Your Mortgage
Map preview of 5300 E The Toledo, Long Beach, CA 90803

Property Overview: 5300 E The Toledo Long Beach, CA has 2 bedrooms, 3 bathrooms, 1,644 living square feet and 3,668 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing investment opportunity located in the heart of Belmont Shores. Walking distance to 2nd st., Naples, Bayshore Beach, Granada Beach & Rosies Dog Beach. Minutes to the new Shopping center 2nd & PCH, Marina Pacifica, Marine stadium and Alamitos Bay Landing this triplex is idea for vacation rentals or live in one rent the others. Located on a tree lined with plenty of parking, featuring One 2 bedroom 1 bath unit, & Two Studio 1 bath units with onsite laundry, large front yard, single car port this property has endless opportunities.

Listed by Blaise Bryant | BRE #01238954 | Brymus Capital Inc
Last checked: 17 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
3,668
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
OC21013237
City
Long Beach
County
Los Angeles
Time on Site
1201 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # 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: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,200
  • Net Operating Income: $66,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,300
  • Electric: $680
  • Gas/Fuel: $280
  • New Taxes: $14,405
  • Trash: $420
  • Insurance: $1,143
  • Water/Sewer: $700

Property Details for 5300 E The Toledo

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • In Carport
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile, Wood
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7249020001
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: 2nd St. to E The Toledo
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 5300 E The Toledo

Last sold for $1,300,000 on March 19th, 2021

  • March, 2021

  • Mar 20, 2021

    Date

    Sold

    CRMLS: OC21013237

    $1,300,000

    Price

  • Mar 18, 2021

    Date

    Pending

    CRMLS: OC21013237

    $1,399,999

    Price

  • Feb 17, 2021

    Date

    Active Under Contract

    CRMLS: OC21013237

    $1,399,999

    Price

  • Jan 23, 2021

    Date

    Active

    CRMLS: OC21013237

    $1,399,999

    Price

  • November, 2018

  • Nov 28, 2018

    Date

    Sold

    CRMLS: PW18213602

    $1,000,000

    Price

  • Nov 13, 2018

    Date

    Pending

    CRMLS: PW18213602

    $1,095,000

    Price

  • Oct 16, 2018

    Date

    Active Under Contract

    CRMLS: PW18213602

    $1,095,000

    Price

  • Sep 27, 2018

    Date

    Price Change

    CRMLS: PW18213602

    $1,095,000

    Price

  • Aug 31, 2018

    Date

    Active

    CRMLS: PW18213602

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

    Location!!!.....Location!!!.....Location!!!.....This residential income property is located in one of the most beautiful areas of Long Beach, close to the beach and walking distance to nice restaurants and evening shopping center. It is one block to the renowned 2ND ST. of Belmont Shore and gateway to Naples Island and Long Beach Marina. Great size 1 unit is a 2 bedroom/1 bath, fireplace, & full bath and the 2 studio units are very good sizes. Don't miss this opportunity to enjoy and love!!

  • November, 2018

  • Nov 27, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

  • November, 2018

  • Nov 27, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5300 E The Toledo

Assessed Value (2020): $1,020,320
Year Land Value Improved Value Assessed Value
2020 $816,000 $204,320 $1,020,320

Home Value Compared to the Market

This property vs the competition

5300 E The Toledo sold on March 19, 2021 for 75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $851.58 per/sqft which puts the price per square foot 34.74% higher than the current median sale per square foot for the city of Long Beach.

About 5300 E The Toledo

Detailed summary of property

5300 E The Toledo is a triplex that recently sold in Long Beach, CA 90803. This triplex offered 2 bedrooms, 3 bathrooms, roughly 1,644 living square feet, and sits on an approximately 3,668 square foot lot. 5300 E The Toledo was first listed on ArdentRealEstateGroup.com on January 23, 2021. The homeowner sold the property for $1,300,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 75% higher than the current median priced home. Local homes that are currently for sale include 1967 Atlantic Ave, 1044 Cedar Ave and 1971 Locust Ave. While the average home in Long Beach, CA is selling in 53 days, 5300 E The Toledo has a days on market of 19 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 5300 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 5300 E The Toledo

Public county record property details
Beds
2
Baths
3
Year built
1951
Sq. Ft.
1,644
Lot Size
3,668
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7249-020-001

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
$1,495,000
Median List Price/Sq.Ft.
$840
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
105
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

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(714) 706-1823

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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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