Listed by Tyler Leeson, Marcus & Millichap RE Invest, (949) 419-3200 . Bought with Main Street Realtors
5285 E The Toledo
Long Beach, CA 90803
Belmont Shore- Studio
- 8 Baths
- 3,389 sqft
Studio
8 Baths
3,389 sqft
Local Information
-- mins to
Description
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 apartment’s 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 property’s idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shore’s 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 property’s close proximity to Pacific Coast Highway provides residents with easy access throughout Long Beach and neighboring coastal cities.
5285 E The Toledo, Long Beach, CA 90803 is a studio, 8 bathroom, 3,389 sqft multi-family in Belmont Shore, built in 1947. It last sold for $2,150,000 on May 23, 2024 (2% below the $2,195,000 asking price). More recently, it was listed as a rental in March 2014 with an asking price of $1,000 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $2,326,700, with a rent estimate of $2,534/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5285 E The Toledo
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Beds & Baths Number of Bathrooms: 8 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: First level |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 36 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7249013038 |
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Price List Price: $2,195,000 |
Status Change & Dates Off Market Date: Wed May 08 2024 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Belmont Shore (Bsd) |
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Building Area Building Area: 3389 Square Feet |
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Community Features: Curbs, Gutter(s), SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 3484.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry |
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No Rent Control |
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Mls Number: OC24065252Living Area Range Units: Square FeetCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7249013038-R-N |
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CurbsGutter(s)Sidewalks |
Last check for updates: about 1 hour ago
Listed by Tyler Leeson DRE #01451551, (949) 419-3326
Marcus & Millichap RE Invest
Bought with: William Keye DRE #00690070, Main Street Realtors
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24065252

Price History for 5285 E The Toledo
| Date | Price | Event | Source |
|---|---|---|---|
| 05/23/2024 | $2,150,000 | Sold | CRMLS #OC24065252 |
| 05/20/2024 | $2,195,000 | Pending | CRMLS #OC24065252 |
| 05/09/2024 | $2,195,000 | Contingent | CRMLS #OC24065252 |
| 04/24/2024 | $2,195,000 | PriceChange | CRMLS #OC24065252 |
| 04/02/2024 | $2,250,000 | Listed For Sale | CRMLS #OC24065252 |
| 03/24/2021 | ListingRemoved | N/A | |
| 04/08/2014 | $1,000 | ListingRemoved | N/A |
| 03/27/2014 | $1,000 | Listed For Rent | N/A |
Market trends in Long Beach
Last updated June 2026
Avg. sale price
$806K
$21.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$662
$8MoM
Available listings
798
50MoM
Comparable Sales for 5285 E The Toledo
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $2,000,000 | 08/12/25 | 8 | 2,712 | ||
0.09 | Multi-Family Home | $1,780,000 | 07/31/25 | 5 | 4 | 2,880 | |
0.05 | Multi-Family Home | $1,525,000 | 10/30/25 | 4 | 4 | 2,880 | |
0.16 | Multi-Family Home | $1,800,000 | 08/19/25 | 5 | 4 | 2,370 | |
0.04 | Multi-Family Home | $1,910,000 | 01/30/26 | 4 | 3 | 2,303 | |
0.13 | Multi-Family Home | $1,450,000 | 10/23/25 | 5 | 3 | 2,216 | |
0.43 | Multi-Family Home | $1,850,000 | 06/01/26 | 4 | 5 | 2,966 | |
0.16 | Multi-Family Home | $1,675,000 | 07/08/26 | 4 | 4 | 2,292 | |
0.41 | Multi-Family Home | $3,050,000 | 09/12/25 | 12 | 8 | 4,302 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5285 E The Toledo.
What Locals Say about Belmont Shore
At least 185 Trulia users voted on each feature.
97 % Say there are sidewalks
97 % Say it's dog friendly
94 % Say it's walkable to restaurants
85 % Say people would walk alone at night
79 % Say streets are well-lit
77 % Say there's holiday spirit
71 % Say it's walkable to grocery stores
70 % Say neighbors are friendly
64 % Say yards are well-kept
62 % Say kids play outside
61 % Say they plan to stay for at least 5 years
57 % Say car is needed
46 % Say there are community events
45 % Say it's quiet
39 % Say parking is easy
38 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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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. as of 2026-07-14 04:57:23 PDT 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-14 04:57:23 PDT 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