5117 E The Toledo, Long Beach, CA 90803

5117 E The Toledo, Long Beach, CA 90803

Long Beach, CA
$1,325,000

Property Description

Recently upgraded and located in one of the most desirable areas of Long Beach (Belmont Shore) This fantastic 4-unit property was just renovated. New upgrades include new carpeting, bathroom upgrades, new landscaping, govt compliance’s, polished hardwood floors, and complete fresh paint throughout both the interior and exterior of the property. The property is also individually metered for gas and electricity and offers a small on site laundry for tenant convenience. 4 parking spaces are available from 2 covered garages. The detached garage structure may be able to support an additional unit (buyer to verify all permits and regulations with the city) With its great location and close proximity to shopping, restaurants, the beach, marina, and the Sailing & Aquatics Center this property has huge upside in both future rents and property valuations. Also, the property is not located in rent controlled area!

Property Features

  • Sale Price: $1,325,000
  • Area Size: 2880 SF
  • Land Area: 5192 SF
  • Year Built: 1943
  • Closing Date: 7/29/2016
  • Units: 4

Lyon Stahl Investment Real Estate

Keep In Touch