NOT LISTED FOR SALE

5354 E The Toledo Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $2,533,000 - $2,668,526

8 Beds
4 Baths
3,976 Sq Ft
$650/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2022

Last sale price $2,450,000 $616 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $16,796 / mo

64 Days on Market

Highlights

  • Fishing
  • Corner Lot
  • Private Yard
  • Lowell Elementary School Rated A-

About This Home

As of July 2022

Absolutely amazing quadraplex located in the heart of Belmont Shore less than a block from the bay and 2 blocks from the Ocean. Situated in the heart of all that is Belmont Shore. Take a stroll to Mother's Beach, a hop skip and a jump to Bay View, a short walk to the restaurant, bars and shopping your heart desires.
This 4-unit consists of all 2-bedroom units approximately 1,000 square feet in size each. Seller has permits in the works to convert the 2-car garage into an ADU style apartment with a private yard and entrance. Seller has also initiated permits to renovate all 4 units.

Last Agent to Sell the Property

Joshua Glaz

The Ave License #01856858 Listed on: 05/03/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,508 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 7
  • Tax Tract Number 4029
  • Assessor Parcel Number 7249017001

Community Details

Overview

  • 4 Units
  • Belmont Shore Subdivision

Recreation

  • Fishing
  • Park
  • Water Sports

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $86,400
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

4,508 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • Zoning: LBR2S
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7249017001
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 616.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 4508.00
  • Lot Size Acres: 0.1035

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 86400.00
  • Gross Scheduled Income: 86400.00
  • Lot Size Area: 4508.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 5774.00
  • Tax Lot: 2
  • Tax Tract Number: 4029

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
May 3, 2022
Closed on
Jul 18, 2022
Sold by
Bought by
Seller's Agent
Joshua Glaz
The Ave
List Price
$2,695,000
Sold Price
$2,450,000
Premium/Discount to List
-$245,000
-9.09%
Current Estimated Value
$2,595,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,568
Avg. Annual Appreciation
1.35%

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 24, 2022
Sold by
Bought by
Seller's Agent
Mohsen Shahbani
Coldwell Banker Realty
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$2,040,000
Premium/Discount to List
$245,000
13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.19%
Original Mortgage
$2,280,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 11, 2022
Sold by
Bought by
Seller's Agent
Mohsen Shahbani
Coldwell Banker Realty
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$2,040,000
Premium/Discount to List
$245,000
13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
0.0415%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 10, 1996
Sold by
Bought by
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

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
$2,450,000 New Title Company Name
-- Ticor Title
$2,040,000 Ticor Title
-- None Available
$221,000 None Available
$400,000 North American Title Co
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
Previous Owner $2,280,000
Previous Owner $220,800
Previous Owner $180,000
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 Prior Sale
07/28/2022 07/28/22 Sold $2,450,000 -1.8% $616 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $2,495,000 -3.9% $628 / Sq Ft
06/18/2022 06/18/22 Price Changed $2,595,000 -3.7% $653 / Sq Ft
05/03/2022 05/03/22 For Sale $2,695,000 +32.1% $678 / Sq Ft
03/31/2022 03/31/22 Sold $2,040,000 +13.6% $513 / Sq Ft View Prior Sale
03/02/2022 03/02/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $1,795,000 -- $451 / 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
2025 $33,320 $2,548,980 $1,654,236 $894,744
2024 $31,905 $2,499,000 $1,621,800 $877,200
2023 $31,375 $2,450,000 $1,590,000 $860,000
2022 $15,353 $1,218,415 $881,902 $336,513
2021 $15,041 $1,194,525 $864,610 $329,915
2019 $14,826 $1,159,097 $838,966 $320,131
2018 $14,420 $1,136,370 $822,516 $313,854
2016 $13,257 $1,092,245 $790,578 $301,667
2015 $12,724 $1,075,839 $778,703 $297,136
2014 $12,638 $1,054,766 $763,450 $291,316
Source: Public Records

Agents Affiliated with this Home

  • Joshua Glaz

    Seller's Agent in 2022

    Joshua Glaz

    The Ave

    (562) 413-9399

    1 in this area

    256 Total Sales

    Joshua Glaz
    Section Image
  • Mohsen Shahbani

    Seller's Agent in 2022

    Mohsen Shahbani

    Coldwell Banker Realty

    (562) 547-3324

    2 in this area

    33 Total Sales

    Mohsen Shahbani
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22091802

California Regional Multiple Listing Service (CRMLS)

APN: 7249-017-001

California Los Angeles County Long Beach 90803 Belmont Shore

5354 E The Toledo, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) 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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