RENTED OCT 31, 2025

Portofino 5400 E The Toledo Unit 409 Floor 4 Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $794,000 - $1,023,000

2 Beds
2 Baths
1,118 Sq Ft
0.8 Acres

Last Sold May 16, 2022

Last sale price $700,000 $626 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,327/month

Highlights

  • Ocean View
  • Boat Dock
  • 0.8 Acre Lot
  • Naples Bayside Academy Rated A
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of October 2025

Experience the Portofino lifestyle on Alamitos Bay. This turn-key, move-in-ready, single-level 2-bedroom, 2-bath condo offers Naples Island luxury within a landmark building. The open-plan layout centers on a showpiece kitchen that flows to a generous great room and dining area, with double sliding doors opening to an expansive 43-foot balcony. From there, enjoy views spanning from ocean to mountains and Naples' iconic palms. The unit includes an in-unit washer/dryer and floor-to-ceiling windows. Outdoor living shines with a bayside pool, dock, and kayak/paddleboard racks, plus direct water access with the beach just over the bridge. Secure building with same-level garage entry, two elevators, gated parking with one assigned space, and a storage cabinet. HOA covers Spectrum internet and cable. Close to Naples and Second Street's shops and eateries-live the California dream on Naples Island!

Last Agent to Rent the Property

Ricky McDaniel

eXp Realty of California Inc License #02123266 Listed on: 08/30/2025

eXp Realty of California Inc

Last Renter's Agent

Ricky McDaniel

eXp Realty of California Inc License #02123266 Listed on: 08/30/2025

eXp Realty of California Inc

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 0.8

Property Views

  • Ocean
  • Panoramic
  • City
  • Trees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Custom Window Coverings
  • Blinds
  • Family Room
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Automatic Gate
  • Parking Garage Space

Utilities

  • Heating Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • East Facing Home

Listing and Financial Details

  • Security Deposit $4,200
  • Tenant pays for electricity
  • Rent includes trash collection, water, pool, cable TV, association dues
  • 12 Month Lease Term
  • Assessor Parcel Number 7244-015-060

Community Details

Overview

  • 62 Units
  • Association Phone (562) 438-3922
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access

Condo Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Includes: Trash Collection, Water, Pool, Cable TV, Association Dues
  • Security Deposit: 4200
  • Tenant Pays: Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Portofino HOA
  • Entry Floor: 4
  • Lease Terms: 1+Year
  • Living Area: 1118
  • Lot Acreage: 0.7990
  • Planned Urban Dev: 1
  • Probate: No
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed, Wood Laminate
  • Appliances: Microwave, Electric
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Dishwasher, Cable, Garbage Disposal, Washer, Dryer, Microwave, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 3.40
  • Windows: Window Blinds, Custom Window Covering

Exterior Features

  • Direction Faces: East
  • Pool Description: In Ground
  • Pool: Yes
  • View: City, Panoramic, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Heating: Electric
  • Security: Automatic Gate, Community, Card/Code Access

Association/Amenities

  • Amenities: Dock, Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • Phone: 5624383922|

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7244-015-060
  • Lot Size Area: 34805

Multi Family

  • Number Of Units: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
May 9, 2022
Sold by
Gavidia Zoila E
Bought by
Pakdaman Michael Navid and Pakdaman Rachel Lavian
Seller's Agent
Samantha Allen
Keller Williams Larchmont
Buyer's Agent
Esther Pakdaman
List Price
$829,000
Sold Price
$700,000
Premium/Discount to List
-$129,000
-15.56%
Current Estimated Value
$876,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,773
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Mccarthy John Edward
Bought by
Gavidia Zoila E

Purchase Details

Closed on
Jun 13, 2012
Sold by
Mccarthy Dora E
Bought by
Gavidia Zoila E

Purchase Details

Closed on
Jun 5, 2002
Sold by
Hines Thomas C
Bought by
Mccarthy John Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.7%

Purchase Details

Closed on
May 17, 2001
Sold by
Hines Mayuree
Bought by
Hines Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
7.06%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Pakdaman Michael Navid $700,000 North American Title
Gavidia Zoila E -- None Available
Gavidia Zoila E -- None Available
Mccarthy John Edward $285,000 Old Republic Title
Hines Thomas C -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy John Edward $228,000
Previous Owner Hines Thomas C $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Rented $3,800 0.0% --
10/28/2025 10/28/25 Under Contract -- -- --
10/15/2025 10/15/25 Price Changed $3,800 -3.8% $3 / Sq Ft
10/10/2025 10/10/25 Price Changed $3,950 -1.2% $4 / Sq Ft
10/01/2025 10/01/25 Price Changed $3,999 -2.5% $4 / Sq Ft
09/07/2025 09/07/25 Price Changed $4,100 -2.4% $4 / Sq Ft
08/30/2025 08/30/25 For Rent $4,200 0.0% --
05/16/2022 05/16/22 Sold $700,000 -15.6% $626 / Sq Ft View Prior Sale
04/14/2022 04/14/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $829,000 0.0% $742 / Sq Ft
04/14/2022 04/14/22 For Sale $829,000 -5.7% $742 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $879,000 0.0% $786 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $879,000 -- $786 / Sq Ft
Source: The MLS

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 $9,290 $742,845 $297,138 $445,707
2024 $9,290 $728,280 $291,312 $436,968
2023 $9,135 $714,000 $285,600 $428,400
2022 $7,577 $617,119 $344,512 $272,607
2021 $7,435 $605,019 $337,757 $267,262
2019 $7,328 $587,076 $327,740 $259,336
2018 $7,161 $575,565 $321,314 $254,251
2016 $6,588 $553,217 $308,838 $244,379
2015 $6,320 $544,908 $304,199 $240,709
2014 $6,272 $534,235 $298,241 $235,994
Source: Public Records

Agents Affiliated with this Home

  • Ricky McDaniel

    Landlord's Agent in 2025

    Ricky McDaniel

    eXp Realty of California Inc

    (888) 584-9427

    10 Total Sales

    Ricky McDaniel
    Section Image
  • Samantha Allen

    Seller's Agent in 2022

    Samantha Allen

    Keller Williams Larchmont

    (213) 500-2384

    1 in this area

    5 Total Sales

    Samantha Allen
    Section Image

  • E

    Buyer's Agent in 2022

    Esther Pakdaman

See All Agents

About Portofino

Map

Source: The MLS

MLS Number: 25585269

The MLS

APN: 7244-015-060

California Los Angeles County Long Beach 90803 Naples

5400 E The Toledo Unit 409, Long Beach, CA

Not Listed for Sale

Condos

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