Bill Ruth
Coastal Legacy Realty Group
(424) 588-6482
29 Total Sales
1 in Belmont Shore
$2,365,000 Price
5212 E The Toledo Long Beach, CA 90803
Belmont Shore Neighborhood
3
Beds
2
Baths
4,913
Sq Ft
1950
Built
Highlights
- 214,010,280 Sq Ft lot
- Fireplace in Bathroom
- Wood Flooring
- Lowell Elementary School Rated A-
- Traditional Architecture
- 4-minute walk to Livingston Drive Park
About This Home
As of March 2017A rare opportunity to purchase a 10 unit complex, located in the highly desirable Belmont Shore area of Long Beach. First time on the market, original owner, purchased the land and built the complex. The property is walking distance to the popular retail, dining and entertainment center of 2nd Street, parks and schools. Exterior of the complex recently painted. Coin operated washer & dryer located in the upstairs laundry room. Lower units have original hardwood flooring, upstairs units are carpeted, tiled kitchen cabinets.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,300
Year Built
- Built in 1950
Lot Details
- 4,913 Acre Lot
- Property fronts an alley
- End Unit
- Two or More Common Walls
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Property Attached
- Stucco
Interior Spaces
- 4,913 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room
- Wood Flooring
- Neighborhood Views
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
- Fireplace in Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV
- Tax Lot 3
- Tax Tract Number 3885
- Assessor Parcel Number 7249028003
Community Details
Overview
- No Home Owners Association
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 11 Separate Water Meters
- Electric Expense $612
- Gardener Expense $785
- Insurance Expense $3,495
- Trash Expense $320
- Water Sewer Expense $1,300
- New Taxes Expense $300,000
- Operating Expense $36,512
- Gross Income $74,850
- Net Operating Income $74,850
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 19, 2016
Closed on
Feb 7, 2017
Sold by
5212 The Toledo Llc
Bought by
Seller's Agent
Sue Hughes
Y Realty
Buyer's Agent
Sue Hughes
Y Realty
List Price
$2,400,000
Sold Price
$2,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 10, 2013
Sold by
Cook George H
Bought by
Cook George H and Marie Cook E
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Bill Ruth
-
Kimiah Wyer
Kimiah Wyer
Keller Williams Realty
(562) 247-4034
46 Total Sales
1 in Belmont Shore
$1,731,000 Price
-
Connie Wildasinn
Connie Wildasinn
WGroup Realtors
(424) 368-9353
22 Total Sales
2 in Belmont Shore
$1,565,000 Price Range
-
Candice Blair
Candice Blair
Coldwell Banker Realty
(949) 744-5263
108 Total Sales
2 in Belmont Shore
$1,900,000 Price Range
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
31 Total Sales
1 in Belmont Shore
$985,000 Price
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in Belmont Shore
$1,249,999 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,400,000 | First American Title | ||
| Cook George H | -- | None Available | |
| 5212 The Toledo Llc | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,470,000 | ||
| Closed | Falsken Kevin S | $1,560,000 | |
| Previous Owner | 5212 The Toledo Llc | $1,050,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2017 03/05/17 | Off Market | $2,400,000 | -- | -- |
| 03/02/2017 03/02/17 | Sold | $2,400,000 | 0.0% | $488 / Sq Ft |
| 02/05/2017 02/05/17 | For Sale | $2,400,000 | -- | $488 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $37,271 | $2,841,107 | $2,130,833 | $710,274 |
| 2025 | $37,271 | $2,785,400 | $2,089,052 | $696,348 |
| 2024 | $35,679 | $2,730,786 | $2,048,091 | $682,695 |
| 2023 | $35,070 | $2,677,242 | $2,007,933 | $669,309 |
| 2022 | $32,908 | $2,624,748 | $1,968,562 | $656,186 |
| 2021 | $32,246 | $2,573,283 | $1,929,963 | $643,320 |
| 2019 | $31,784 | $2,497,340 | $1,872,720 | $624,620 |
| 2018 | $31,018 | $2,448,380 | $1,836,000 | $612,380 |
| 2016 | $10,444 | $787,576 | $350,031 | $437,545 |
| 2015 | $10,046 | $775,747 | $344,774 | $430,973 |
| 2014 | $10,022 | $760,552 | $338,021 | $422,531 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Hughes
Seller's Agent in 2017
Sue Hughes
Y Realty
(562) 260-0588
1 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16763535
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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