Long Beach, CA 90803,5129 The Toledo

$1,185,000

$1,250,000

5.2%
Est.Price: ?

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Est. payment /mo

5,183 Sqft Lot


SOLD DATE : 02/11/2014

Key Details

Sold Price $1,185,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Belmont Park (Bp)

MLS Listing ID PW13194922

Sold Date 02/11/14

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1943

Lot Size 5,183 Sqft

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

Interior

Flooring Carpet, Wood

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Assigned, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Storm Drain(s)

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected

Roof Type Composition,Rolled/Hot Mop

Parking Type Assigned, Garage

Total Parking Spaces 4

Private Pool No

Building

Faces South

Story 2

Entry Level Two

Foundation Concrete Perimeter, Raised, Slab

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Additions/Alterations

Others

Senior Community No

Tax ID 7249012020

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mary Nimocks • Sandpiper Properties
Bought with Robert Stepp • Keller Williams Pacific Estate
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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