FOR SALE
$2,195,000

5285 E The Toledo
Long Beach, CA 90803

Business Opportunities
Commercial
3,389
Sq. Ft.
0.08
Acre Lot
Courtesy: Tyler Leeson - Marcus & Millichap RE Invest; Email: [email protected]
Agent Websites> California> Long Beach> 90803
5285 East The Toledo is a rare 8-unit multifamily investment property located in the prime Belmont Park neighborhood of Long Beach, CA. 5285 East 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 & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of popular retailers and restaurants. Additionally, 5285 East The Toledo is in close proximity to Marine Stadium, Marina Vista Park, and Alamitos Bay, providing residents with an abundance of recreational opportunities. Furthermore, the propertys close proximity to Pacific Coast Highway provides residents with easy access throughout Long Beach and neighboring coastal cities.
CROC24065252
Business Opportunities, Other
Los Angeles
1947
0.08 Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Tyler Leeson - Marcus & Millichap RE Invest; Email: [email protected]

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