NOT LISTED FOR SALE

5125 E The Toledo Long Beach, CA 90803

Belmont Shore Neighborhood
5 Beds
5 Baths
3,148 Sq Ft
1943 Built

Last Sold July 12, 2018

Last sale price $1,450,000 $461 Per Sq Ft

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Lowell Elementary School Rated A-
  • Tile Countertops
  • 3-minute walk to Livingston Drive Park

About This Home

As of July 2018

LOCATION-LOCATION-LOCATION- GREAT 5 UNIT BUILDING WITH TWO DOUBLE CAR GARAGES-ALL 1 BEDROOMS. ALLEY ACCESS. SEPARATE LAUNDRY ROOM.

Last Agent to Sell the Property

Fingerhut Steve

Steve Fingerhut, Broker License #00479715 Listed on: 05/21/2018

Last Buyer's Agent

Brad Jones

Keller Williams Pacific Estate License #01394310

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 5,222 Sq Ft Lot
  • No Common Walls
  • Southeast Facing Home
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 3,148 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 11625
  • Assessor Parcel Number 7249012019

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,380
  • Pest Control $150
  • Professional Management Expense $1,800
  • Supplies Expense $262
  • Water Sewer Expense $2,121
  • New Taxes Expense $16,000
  • Operating Expense $22,700
  • Gross Income $6,600
  • Net Operating Income $62,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Professional Management Expense: 1800.00
  • Property Attached: No
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Belmont Park (BP)
  • Supplies Expense: 262.00
  • View: No
  • Water Sewer Expenses: 2121.00
  • Zoning: LBR4R
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7249012019
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 460.61
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: Southeast
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 150.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5222.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 6600.00
  • Gross Scheduled Income: 79200.00
  • Insurance Expense: 1380.00
  • Maintenance Percent: 2.00
  • Net Operating Income: 62200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 17000.00
  • Rent Control: No
  • Total Actual Rent: 6600.00
  • Total Expenses: 22700.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Census Tract: 5774.00
  • Tax Lot: 19
  • Tax Tract Number: 11625

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $1,450,000 +3.9% $461 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $1,395,000 -- $443 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Fingerhut Steve

    Steve Fingerhut, Broker

    Section Image

  • B

    Buyer's Agent in 2018

    Brad Jones

    Keller Williams Pacific Estate

    Section Image

  • S

    Buyer Co-Listing Agent in 2018

    Shannon Jones

    Keller Williams Pacific Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18117219

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803 Belmont Shore

5125 E The Toledo, Long Beach, CA

Not Listed for Sale

MultiFamily

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