NOT LISTED FOR SALE

5238 E The Toledo Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,658,000 - $1,897,000

4 Beds
3 Baths
2,466 Sq Ft
$706/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $1,200,000 $487 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,405/month

2 Days on Market

Highlights

  • Dual Staircase
  • Fireplace in Kitchen
  • Attic
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Livingston Drive Park

About This Home

As of September 2019

Spanish Triplex on the North side of Belmont Shore. Family owned and occupied by family for 40 years. Classic Spanish with original features throughout. Main home is consist of 2, 2/1 units one on first level and a the 2nd unit upstairs.
rear large rear yard and separate Studio adjoins 2 sgl garages with parking pads at alley.

Last Agent to Sell the Property

Sharon Leibl

Coldwell Banker Realty License #01051996 Listed on: 07/22/2019

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,382 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Fireplace in Kitchen
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Tax Tract Number 4029
  • Assessor Parcel Number 7249025003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Property Type: Residential Income
  • Parcel Number: 7249025003
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Fireplace Features: Dining Room, Kitchen, Living Room, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 486.62
  • Room Type: Attic

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard
  • Lot Size Sq Ft: 4382.00
  • Lot Size Acres: 0.1006

Multi Family

  • Lot Size Area: 4382.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 2
  • Tax Lot: 3
  • Tax Tract Number: 4029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jul 30, 2019
Sold by
Stark Lucia E
Bought by
Leibi Property Management Llc
Seller's Agent
Sharon Leibl
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$132,500
Sold Price
$1,200,000
Premium/Discount to List
$1,067,500
805.66%
Current Estimated Value
$1,742,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,189
Avg. Annual Appreciation
6.06%
Original Mortgage
$750,000
Interest Rate
3.7%

Purchase Details

Closed on
Feb 23, 2016
Sold by
Stark Michael
Bought by
Propert Stark Lucia E and Propert Lucia E Stark Separate

Purchase Details

Closed on
Sep 23, 2015
Sold by
Stark Michael and Shirl Alger Stark 2003 Trust
Bought by
Propert Stark Michael and Propert Lucia E Stark Separate

Purchase Details

Closed on
May 28, 2003
Sold by
Stark Shirl A
Bought by
Stark Shirl Alger and Shirl Alger Stark 2003 Trust

Purchase Details

Closed on
Sep 30, 1996
Sold by
Wilson Milton B
Bought by
Stark Shirl A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Leibi Property Management Llc $1,200,000 Stewart Title Of Ca Inc
Propert Stark Lucia E $440,000 None Available
Propert Stark Michael -- None Available
Stark Shirl Alger -- --
Stark Shirl A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leibi Property Management Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2019 09/17/19 Sold $1,200,000 +805.7% $487 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $132,500 -- $54 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $16,614 $1,312,371 $874,915 $437,456
2024 $16,614 $1,286,639 $857,760 $428,879
2023 $16,336 $1,261,412 $840,942 $420,470
2022 $15,327 $1,236,679 $824,453 $412,226
2021 $15,028 $1,212,432 $808,288 $404,144
2020 $14,989 $1,200,440 $800,000 $400,440
2019 $8,306 $639,092 $467,197 $171,895
2018 $8,067 $626,571 $458,037 $168,534
2016 $1,578 $103,717 $80,542 $23,175
2015 $1,604 $102,160 $79,333 $22,827
2014 $1,532 $100,159 $77,779 $22,380
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sharon Leibl

    Coldwell Banker Realty

    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    6,237 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19225875

California Regional Multiple Listing Service (CRMLS)

APN: 7249-025-003

California Los Angeles County Long Beach 90803 Belmont Shore

5238 E The Toledo, Long Beach, CA

Not Listed for Sale

MultiFamily

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