Seller's Agent in 2018
Bradley Petersen
Pay It Forward Realty
(714) 855-8184
49 Total Sales
5914 E Naples Plaza Long Beach, CA 90803
Naples NeighborhoodEstimated Value: $6,630,610
9
Beds
14
Baths
9,648
Sq Ft
$687/Sq Ft
Est. Value
Highlights
- Marina
- Ocean View
- Ocean Side of Highway 1
- Naples Bayside Academy Rated A
- Across the Road from Lake or Ocean
- Corner Lot
About This Home
As of January 2018Luxurious, One of a Kind, Spanish Style Mixed Use Trophy Investment on Naples Island! Beautiful Owner’s Penthouse featuring 360 degree views of ocean, bay, and mountains. A very unique Naples Island captivating opportunity to own a mixed-use commercial/residential building located on a double lot. The 1st floor offers 4 commercial spaces with 10+ yr tenants, two 1bd/1ba units and a studio unit w/kitchen. The second floor offers a 2bd/1ba unit, two 1bd/1ba units, 2 studio units, and entry to the beautiful two floor penthouse with over 3000sf. The entire third floor (Added in 1985) offers the penthouse with tile and hardwood floors, 3 decks, master suite and 360 degree views of Catalina Island, San Pedro, San Gabriel Mountains, and Laguna Hills. Naples Island is home to the premier Long Beach Yacht Club and top rated Naples Elementary School (10/10 rating). Residents can paddle-board and kayak in the serene Naples Island Canals and sail away through Alamitos Bay to the Pacific Ocean. Home to Marine Park and Mothers Beach; a favorite, local, family-friendly location with protected swimming areas, kids playground, grass lawns, and picnic facilities. Naples Island also plays host to an annual Holiday Boat Parade, a proud 70-year tradition among local boat enthusiasts. Naples Island neighbors Belmont Shore and Seal Beach with highest rental rates for beach living. Please see attached DRONE video and actual financials in the MLS.
Last Agent to Sell the Property
Pay It Forward Realty Brokerage Phone: 714-855-8184 License #01724042 Listed on: 05/10/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 6,051 Sq Ft Lot
- No Common Walls
- Corner Lot
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
Property Views
- Ocean
- Marina
- Bay
- Mountain
Home Design
- Fire Rated Drywall
- Frame Construction
- Stucco
Interior Spaces
- 9,648 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 9 Bedrooms
- 14 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
Parking
- 2 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Exterior Lighting
Location
- Across the Road from Lake or Ocean
Utilities
- Forced Air Heating System
- Wall Furnace
- Private Sewer
- Phone Connected
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 5
- Assessor Parcel Number 7243009003
Community Details
Overview
- No Home Owners Association
- 13 Units
- Naples Subdivision
Recreation
- Marina
Building Details
- 13 Leased Units
- 13 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $480
- Fuel Expense $1,600
- Insurance Expense $8,000
- Maintenance Expense $4,875
- Pest Control $948
- Professional Management Expense $11,750
- Trash Expense $3,476
- Water Sewer Expense $1,359
- New Taxes Expense $61,875
- Operating Expense $94,363
- Gross Income $235,008
- Net Operating Income $135,944
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 3, 2025
Sold by
Sophany H Khem Survivors Trust and Khem Sophany H
Bought by
Sophany H Khem Survivors Trust and Khem
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$1,000,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,647,656
Purchase Details
Closed on
Nov 21, 2017
Sold by
Lamson Properties Llc
Bought by
Khem Sophany H and Sophany H Khem Survivors Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.94%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 8, 2008
Sold by
Lamson Properties Llc
Bought by
Lamson Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 26, 1997
Sold by
Lamson Hugh Tr Lamson Trust
Bought by
Lamson Properties Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sophany H Khem Survivors Trust | -- | Chicago Title Company | |
| Khem Sophany H | $4,600,000 | Stewart Title Of California | |
| Lamson Properties Llc | -- | Southland Title | |
| Lamson Properties Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sophany H Khem Survivors Trust | $1,000,000 | |
| Previous Owner | Khem Sophany H | $750,000 | |
| Previous Owner | Lamson Properties Llc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2018 01/26/18 | Sold | $4,599,999 | -7.1% | $477 / Sq Ft |
| 10/09/2017 10/09/17 | Price Changed | $4,950,000 | -2.9% | $513 / Sq Ft |
| 09/01/2017 09/01/17 | Price Changed | $5,100,000 | -2.9% | $529 / Sq Ft |
| 08/03/2017 08/03/17 | Price Changed | $5,250,000 | -4.5% | $544 / Sq Ft |
| 07/12/2017 07/12/17 | Price Changed | $5,495,000 | -4.8% | $570 / Sq Ft |
| 06/23/2017 06/23/17 | Price Changed | $5,775,000 | -2.1% | $599 / Sq Ft |
| 05/25/2017 05/25/17 | For Sale | $5,900,000 | 0.0% | $612 / Sq Ft |
| 05/20/2017 05/20/17 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | For Sale | $5,900,000 | -- | $612 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $65,555 | $5,234,013 | $1,797,769 | $3,436,244 |
| 2024 | $65,555 | $5,131,386 | $1,762,519 | $3,368,867 |
| 2023 | $64,464 | $5,030,771 | $1,727,960 | $3,302,811 |
| 2022 | $60,399 | $4,932,129 | $1,694,079 | $3,238,050 |
| 2021 | $59,287 | $4,835,421 | $1,660,862 | $3,174,559 |
| 2019 | $58,437 | $4,692,240 | $1,611,600 | $3,080,640 |
| 2018 | $6,823 | $440,262 | $146,500 | $293,762 |
| 2016 | $6,237 | $422,937 | $140,812 | $282,125 |
| 2015 | $6,017 | $416,585 | $138,697 | $277,888 |
| 2014 | $5,991 | $408,426 | $135,981 | $272,445 |
Source: Public Records
Agents Affiliated with this Home
-
Bradley Petersen
-
Kiri Suykry
K
Buyer's Agent in 2018
Kiri Suykry
Keller Williams Realty
(562) 276-8413
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17088092
APN: 7243-009-003
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