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Closed
- Listed price
- $1,995,000
- Listed Dec 8, 2015
- Sold price
- $1,985,000
- Sold Mar 10, 2016
3,755 sqft lot|1947 Built|64 days listed
5279 E THE TOLEDO, Long Beach, CA 90803
Property Description
The Toledo Apartments is a charming 2-story, balcony style walk up multifamily property consisting of 8 studio/1 bath units comprised of 4 different floor plans. Current owners have infused approximately $90,000 in recent building improvements including renovated interiors with new hardwood laminate floors, stainless steel kitchen appliances, new trims and baseboards, resurfaced cabinets and upgraded vanity tile flooring, mirror, and light fixtures in the bathrooms. Additionally, some major systems have been replaced including a new roof and partial copper plumbing. The building offers 1.5 parking spaces with abundance of street parking. Given the high rental demand in this sub-market combined with the affluent local demographics, the rental rates in this building remain competitive with 8% upside to realize in rents. With easy management and low operating cost this represents an excellent turn-key opportunity for an Investor in a well located beach neighborhood.
Listing agent: Daniel BairdDRE #01881602daniel.baird@svn.com, Listing office: Sperry Van Ness
MLS data updated 10/21/2026, 4:36:09 PM PT
Source: CRMLSMLS #: 15964265
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,985,000
Mar 10, 2016
Available records22015–2016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90803 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90803 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.