$4,000,000 - 5261 E The Toledo, Long Beach

  • 1Beds
  • 1Baths
  • 4,468SQ. Feet
  • 0.12Acres

We are pleased to present the 5261 E. The Toledo, a rare turn key 8-unit apartment building located just steps from the beach in the highly desirable Belmont Shore district of Long Beach, CA. The offering is comprised of eight 1 Bedroom/ 1 bathroom turn key units. Each unit has stainless steel appliances, granite counter tops, with laundry on site, pets are considered and air conditioning in each unit. The Toledo is a short walk to the beach, and is conveniently located near the popular retail, entertainment, and dining district on Belmont Shore’s East Second Street. It offers more than 250 unique, upscale boutiques and specialty shops and a myriad of coffee shops, cafes, casual dining taverns, and international specialty restaurants.There is also tremendous opportunity to capitalize on strong market trends that should increase rental income by over 45 percent. Given the fantastic location and strong demographics. The Toledo Apartments are well suited to provide investors with value appreciation over the long-term investment horizon.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW18296446
  • Price:$4,000,000
  • Bedrooms:1
  • Bathrooms:1.00
  • Square Footage:4,468
  • Acres:0.12
  • Year Built:1943
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:5261 E The Toledo
  • Area:Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
  • Subdivision:Belmont Shore (BSD)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90803

Amenities

  • Parking Spaces:2
  • # of Garages:2

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:0-1 Unit/Acre

Additional Information

  • Date Listed:December 27th, 2018
  • Days on Market:22
  • Zoning:LBR4R

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Provided By: Austin Carr(01986298), Coldwell Banker Commercial.

Based on information from California Regional Multiple Listing Service, Inc. as of January 19th, 2019 at 12:42am CST. 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.