5285 E The Toledo
Long Beach, CA 90803

  • – beds
  • – baths
  • – sqft
  • 3,484 sqft lot
  • 1947 build
  • on site

5285 East The Toledo is a rare 8-unit multifamily investment property located in the prime Belmont Park neighborhood of Long Beach, CA. 5285 East The Toledo offers investors an opportunity to preserve its existing vintage and character, while allowing a new investor to capture upwards of 30% rental upside by modernizing the apartment’s interiors. Situated in a prime Belmont Park location, 5285 East The Toledo offers exclusively studio floor plans measuring approximately 424 square feet. Residents enjoy the property’s idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shore’s 2nd Street. The property is also just over 1 mile from 2nd & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of popular retailers and restaurants. Additionally, 5285 East The Toledo is in close proximity to Marine Stadium, Marina Vista Park, and Alamitos Bay, providing residents with an abundance of recreational opportunities. Furthermore, the property’s close proximity to Pacific Coast Highway provides residents with easy access throughout Long Beach and neighboring coastal cities.

California Regional MLS logo Listed By CRMLS_CA / Tyler Leeson / Marcus & Millichap RE Invest / 714-713-9086

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# OC24065252 —

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Sale history

Date Event Source Price % Change
4/24/24
Price Changed CRMLS_CA $2,195,000 -2.4%
4/2/24
Listed / Active CRMLS_CA $2,250,000

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$2,195,000

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Listing provided by broker:

Tyler Leeson

Marcus & Millichap RE Invest

714-713-9086

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This multifamily located in Belmont Shore, Long Beach, CA 90803 is currently for sale for $2,195,000. 5285 E The Toledo is a – square foot multifamily with – beds and – baths that has been on Estately for 33 days. 5285 E The Toledo is in the Belmont Shore neighborhood of Long Beach and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Lowell Elementary School, Rogers Middle School, and Wilson High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Marcus & Millichap RE Invest. Based on information from California Regional Multiple Listing Service, Inc. as of 05:58 on May 05.

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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