$3,961,250
SOLD SEP 4, 2025
7 Beds
4 Baths
4,000 Sq Ft
4,127 Sq Ft Lot

Recently Sold

$990 Per Sq Ft

12% Below List Price

109 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Air
  • Naples Bayside Academy Rated A

About This Home

As of September 2025

An exceptional opportunity to own a one-of-a-kind beachfront property on the coveted Bay side of Long Beach Peninsula. This sun-drenched retreat offers unobstructed panoramic views of the bay, nearby islands, and marina—without a bike path between you and the sand. Just a short stroll to the Yacht Club, this home blends privacy, luxury, and coastal charm in an unbeatable location.
Originally designed as a triplex, the upper two units have been seamlessly combined to create a spacious 5-bedroom, 2-bath layout, connected by an interior doorway. Upper unit includes a 3-bed, 1 full-bath Beachfront space, while the other upper back unit offers 2 beds, 1 bath space and an elevator for convenient access. These units have a/c.
The lower-level unit has been fully renovated and boasts 2 bedrooms, 3/4 bathroom, and direct beachfront access with a private patio—perfect for entertaining or enjoying the ocean breeze.
Situated at the end of a quiet cul-de-sac, the property includes four garages and a 30-foot boathouse, making it ideal for boaters, multi-generational living, or rental income potential. There is also a private office within the complex with a 1/2 bath.
Don't miss your chance to own this rare slice of paradise with endless possibilities. Trust sale. Please see agent private remarks for offer process.

Last Agent to Sell the Property

Gerard Bisignano

Vista Sotheby’s International Realty Brokerage Phone: 310-990-4727 License #01116110 Listed on: 04/21/2025

Vista Sotheby’s International Realty

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,127 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 6 / 16
  • Tax Tract Number 1
  • Assessor Parcel Number 7245028019
  • $413 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Peninsula Subdivision

Recreation

  • Water Sports

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $700
  • Insurance Expense $5,000
  • Trash Expense $1,000
  • Water Sewer Expense $700
  • Operating Expense $17,400
  • Gross Income $174,000
  • Net Operating Income $156,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Peninsula (PI)
  • Water Sewer Expenses: 700.00
  • Zoning: LBR2I
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7245028019
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 990.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4127.00
  • Lot Size Acres: 0.0947

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 700.00
  • Gross Income: 174000.00
  • Gross Scheduled Income: 174000.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 4127.0000 Square Feet
  • Net Operating Income: 156000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 17400.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Expenses: 17400.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 5775.04
  • Tax Lot: 6
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 413.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Sep 2, 2025
Sold by
Frances H Boardman Family Trust and Farmers And Merchants Trust Company Of L
Bought by
Freeman Lysette and Witte William B
Seller's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$4,500,000
Sold Price
$3,961,250
Premium/Discount to List
-$538,750
-11.97%
Views
40
Current Estimated Value
$4,030,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,456
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,550,000
Outstanding Balance
$1,548,212
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$2,482,494

Purchase Details

Closed on
Jul 8, 1996
Sold by
Scheller Edward C and Scheller Audrey F
Bought by
Boardman Frances H and Frances H Boardman Family Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
8.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Type Sale Price Title Company
Grant Deed $3,961,500 Chicago Title Company
Grant Deed $925,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,550,000 New Conventional
Previous Owner $675,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $3,961,250 0.0% $990 / Sq Ft
08/09/2025 08/09/25 Off Market $3,961,250 -- --
07/10/2025 07/10/25 Price Changed $4,250,000 -5.6% $1,063 / Sq Ft
04/21/2025 04/21/25 For Sale $4,500,000 -- $1,125 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $19,182 $1,542,591 $1,140,087 $402,504
2024 $19,182 $1,512,345 $1,117,733 $394,612
2023 $18,874 $1,482,692 $1,095,817 $386,875
2022 $17,706 $1,453,621 $1,074,331 $379,290
2021 $17,364 $1,425,119 $1,053,266 $371,853
2019 $17,117 $1,383,892 $1,022,027 $361,865
2018 $16,655 $1,356,778 $1,001,988 $354,790
2016 $15,292 $1,303,095 $963,081 $340,014
2015 $14,665 $1,283,522 $948,615 $334,907
2014 $14,550 $1,258,380 $930,033 $328,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25086911

California Regional Multiple Listing Service (CRMLS)

APN: 7245-028-019