5113 E The Toledo Pending

Long Beach,CA 90803

$ 1800000

5 Beds

0 Bath

3001 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,001 sqft

Price per Sqft $599

MLS Listing ID CRRS24172390

Bedrooms 5

Year Built 1943

Lot Size 5,163 Sqft

Property Sub-Type Quadruplex

Property Description

Beautifully designed four-plex in the heart of Belmont Park. Just steps from the scenic canals and vibrant Belmont Shore, Large Lot of 5k+ compared to others in the Shore around 2500-3k. 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, 2-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. On-site laundry and 4 car garages with lots of outdoor area for patio.

Location

State CA

County Los Angeles

Zoning LBR4

Interior

Laundry Inside

Building

Lot Description Other

New Construction No

Others

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