$1,300,000
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5218 E The Toledo Long Beach, CA 90803
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID OC16121885
Year Built 1957
Property Description
These three units were constructed by, and owned by the same family since the 1940's. Excellent location, easy walk to the water and top restaurants on 2nd St. In Belmont Shore. The front units are 2 bed one bath 2 story units. The owners occupy one unit which features original hard- wood floors and an amazing deck on the second floor. The deck doubles as a one to two car carport below. In addition to the carport is a detached full two car garage with laundry facilities. Off street parking is essential this close to the beach! The back unit is a cute one bedroom detached house facing Corona Ave. The electrical has been upgraded with three individual panels/meters and there are four gas meters, one for each unit and one for the laundry. The large 5,000 lot allows for individual patio areas for each unit. This property would be ideal to convert the two units into one as a primary residence with the third unit as a rental or guest house. Many people also believe it would be a great weekend/vacation spot with two rentals to help cover any expenses and watch over the property while the owner is away. rentals are on month-to-month basis and are below market.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Heating Central
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Average Condition
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks, Urban, Fishing
Utilities Available Sewer Available, Water Available
View Y/N Yes
View Neighborhood
Building
Lot Description Landscaped, Level, Rectangular Lot, Street Level, Yard
Story Two
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Michael Belisle • LB Brokerage, Inc