NOT LISTED FOR SALE

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

Naples Neighborhood

Estimated Value: $788,858 - $814,000

2 Beds
2 Baths
1,118 Sq Ft
$585/mo HOA Fee

Last Sold May 16, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $5,864/month

50 Days on Market

Highlights

  • Ocean View
  • Private Dock
  • Property is near a marina
  • Naples Bayside Academy Rated A
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool

About This Home

As of May 2022

Here's your opportunity to live at the prestigious Portofino on Alamitos Bay! Enjoy desired amenities including a pool, bay dock area, kayak/paddle board racks, direct access to the water with the beach just over the bridge. This 2 bedroom, 2 bathroom one-level condo has floor-to-ceiling city views from the ocean to the right and mountains to the left! Enjoy coffee on your extra long balcony taking in the city view, fresh air and palm trees. Lounge by the pool and watch the activities on the water: kayaks, boats, duffies, stand-up paddle boarders. The unit is ready for your vision to make this your island oasis among the canals of Naples. Have friends over for the boat parades! Easy access to the great restaurants and boutiques on Naples and Second Street in Belmont Shores. Secured building, same level entry from the garage, 2 elevators, gated parking with 1 assigned space and separate storage cabinet. HOA dues include Spectrum high-speed internet & cable package. Come live the California dream!

Last Agent to Sell the Property

Samantha Allen

Keller Williams Larchmont License #01499112 Listed on: 02/23/2022

Keller Williams Larchmont

Last Buyer's Agent

Esther Pakdaman

License #01412256

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,290

Year Built

  • Built in 1962

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $585 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry in Kitchen
  • Dryer

Parking

  • 1 Covered Space
  • Controlled Entrance

Outdoor Features

  • Heated In Ground Pool
  • Property is near a marina
  • Private Dock
  • Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7244-015-060

Community Details

Overview

  • Association fees include cable TV, trash
  • 62 Units
  • Lordon Management Association, Phone Number (626) 967-7921

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Card or Code Access
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,290

Year Built

Built in 1962

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Here's your opportunity to live at the prestigious Portofino on Alamitos Bay! Enjoy desired amenities including a pool, bay dock area, kayak/paddle board racks, direct access to the water with the beach just over the bridge. This 2 bedroom, 2 bathroom one-level condo has floor-to-ceiling city views from the ocean to the right and mountains to the left! Enjoy coffee on your 43' balcony taking in the city view, fresh air and palm trees. Lounge by the pool and watch the activities on the water: kayaks, boats, duffies, stand-up paddle boarders. The unit is ready for your vision to make this your island oasis among the canals of Naples. Have friends over for the boat parades! Easy access to the great restaurants and boutiques on Naples and Second Street in Belmont Shores. Secured building, same level entry from the garage, 2 elevators, gated parking with 1 assigned space and storage.
  • Complex Name: PORTOFINO HOMEOWNERS' ASSOCIATION OF LONG BEACH
  • Entry Floor: 1
  • Living Area: 1118
  • Lot Acreage: 0.7988
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 4
  • Year Built: 1962
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric, Cooktop - Electric, Oven-Electric, Electric
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower Over Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Tile Counters
  • Laundry: In Kitchen, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Elevator, Ceiling Fan, Built-Ins, Freezer, Ice Maker, Cable
  • Fireplace: No
  • Price Per S Q F T: 741.50

Exterior Features

  • Balcony: yes
  • Direction Faces: East
  • Other Features: Balcony, Dock Private
  • Exposure: south east
  • Patio: Balcony
  • Pool Description: Heated, In Ground, Community
  • Pool: Yes
  • Spa Yn: No
  • View: City, Ocean, Mountains, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Controlled Entrance
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Electric, Water Heater Unit
  • Cooling: Ceiling Fan
  • Earth Quake Ins: 0
  • Heating: Wall Electric
  • Security: Card/Code Access

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Trash
  • HOA Fees: 584.60
  • Management Company: Lordon Management
  • Mgmt Co Phone: 6269677921|3371
  • Phone: 6269677921|3371
  • HOA: Yes

Schools

  • School District: Long Beach Unified

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 7244-015-060
  • Lot Location: Bay Front, Marina
  • Lot Size Area: 34797

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 62

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Long Beach Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Kadison Schneider Edith
Bought by
Schneider William S
Total Days on Market
50
Current Estimated Value
$802,465

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%

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

Purchase Details

Closed on
Jul 2, 1998
Sold by
Fox John C
Bought by
Fox Betty K
Source: Public Records

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Range of Values:

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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 $70,000
Previous Owner Mccarthy John Edward $228,000
Previous Owner Hines Thomas C $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $700,000 -15.6% $626 / Sq Ft
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
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

  • Samantha Allen

    Seller's Agent in 2022

    Samantha Allen

    Keller Williams Larchmont

    (213) 500-2384

    1 in this area

    7 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: 22-130349

The MLS

APN: 7244-015-060

California Los Angeles County Long Beach 90803 Naples

5400 E The Toledo Unit 409, Long Beach, CA

This home is located at 5400 E The Toledo Unit 409, Long Beach, CA 90803 since 23 February 2022 and is currently estimated at $802,465, approximately $717 per square foot. This property was built in 1962. 5400 E The Toledo Unit 409 is a home located in Los Angeles County with nearby schools including Naples Bayside Academy, Rogers Middle School, and Woodrow Wilson High School.

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