$1,185,000
$1,250,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
5129 The Toledo Long Beach, CA 90803
3,488 SqFt
Key Details
Sold Price $1,185,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,488 sqft
Price per Sqft $339
Subdivision Belmont Park (Bp)
MLS Listing ID PW13194922
Sold Date 02/11/14
Construction Status AdditionsAlterations
HOA Y/N No
Year Built 1943
Lot Size 5,183 Sqft
Acres 0.119
Property Description
Here is an outstanding opportunity to own in Belmont Park, one of the premier investment locations in Long Beach, where we enjoy NO RENT CONTROL and LOWER DENSITY than adjacent areas. Lot sizes in Belmont Park are nearly twice as large as lots in Belmont Shore, yet Belmont Park remains just one block from 2nd St Shopping and Restaurants, and four blocks to the Pacific Ocean. All units are one bedroom, and VERY easy to rent. Rents are low and upside potential is strong. Excellent loan with Chase is assumable to qualified Buyer.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR4R
Rooms
Ensuite Laundry CommonArea, LaundryRoom
Interior
Laundry Location CommonArea,LaundryRoom
Flooring Carpet, Wood
Fireplace No
Laundry CommonArea, LaundryRoom
Exterior
Garage Assigned, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features StormDrains
Utilities Available CableAvailable, ElectricityAvailable, PhoneAvailable, SewerConnected, WaterConnected
Roof Type Composition,RolledHotMop
Parking Type Assigned, Garage
Total Parking Spaces 4
Private Pool No
Building
Faces South
Story 2
Entry Level Two
Foundation ConcretePerimeter, Raised, Slab
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status AdditionsAlterations
Others
Senior Community No
Tax ID 7249012020
Security Features CarbonMonoxideDetectors,SmokeDetectors
Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan
Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Robert Stepp • Keller Williams Pacific Estate