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Image 1 - 5235 The Toledo, Long Beach, CA 90803, USA - House for sale
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Home For Sale In Long Beach, California
5235 The Toledo, Long Beach, CA 90803, USA

Home For Sale In Long Beach, California

house for sale
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Listed: 04/05/24

5235 The Toledo, Long Beach, CA 90803, USA

Studio Bed:
8 Bath:
3,389 Sq Ft Living Area:
Save
Price
$ 2,25M

About This House

5285 East The Toledo is a rare 8-unit multifamily investment property located in the prime Belmont Park neighborhood of Long Beach, CA. 5285East The Toledo offers investors an opportunity to preserve its existing vintage and character, while allowing a new investor to capture upwards of 30% rental upside by modernizing the apartments interiors. Situated in a prime Belmont Park location, 5285 East The Toledo offers exclusively studio floor plans measuring approximately 424 square feet. Residents enjoy the propertys idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shores 2nd Street. The property is also just over 1 mile from 2nd and PCH, a recently developed open-air mall, providing residents with convenient access to …  Full description

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Belmont Shore Housing & Living

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.