$1,750,000
SOLD APR 25, 2025
4 Beds
4 Baths
1,948 Sq Ft
2,448 Sq Ft Lot

Recently Sold

$898 Per Sq Ft

12% Below List Price

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Naples Bayside Academy Rated A
  • Corner Lot
  • Neighborhood Views

About This Home

As of April 2025

GREAT INVESTMENT OPPORTUNITY!! Approximately 1,948 square feet of living space, this Cape Cod cottage-style property offers four 1 bedrooms and four bathrooms. Situated on a corner lot, the home is just steps away from the beach and the bay, providing a unique opportunity for those seeking a coastal lifestyle. The property features two separate 2 story cottages with a total of four units, allowing for flexible living arrangements or potential investment opportunities. The cottages boasts a peninsula location in Long beach. Both cottages maintain the same owners since 1960, offering a sense of legacy and stability. The property's on-site parking offers convenience, and the potential for a family compound or multi-generational living arrangements adds to the appeal of this unique offering.

Last Agent to Sell the Property

Scott Chapman

Coldwell Banker Realty Brokerage Email: scott@scottLBnow.com License #01389775 Listed on: 03/11/2025

Coldwell Banker Realty

Co-Listed By

Chris Italiano

Coldwell Banker Realty Brokerage Email: scott@scottLBnow.com License #00964750

Last Buyer's Agent

Scott Chapman

Coldwell Banker Realty Brokerage Email: scott@scottLBnow.com License #01389775 Listed on: 03/11/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,448 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot

Home Design

  • Quadruplex
  • Cape Cod Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 15
  • Assessor Parcel Number 7245028008
  • $690 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Architectural Style: Cape Cod
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 7245028008
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1948.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 898.36
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Shake Siding

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2448.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2448.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 5775.04
  • Tax Lot: 9
  • TaxOtherAnnualAssessmentAmount: 690.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 7, 2025
Sold by
King Living Trust and Baker Trust
Bought by
Keshavjee David and Keshavjee Laura L
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$1,989,000
Sold Price
$1,750,000
Premium/Discount to List
-$239,000
-12.02%
Views
29
Current Estimated Value
$1,748,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,559
Avg. Annual Appreciation
-0.12%
Original Mortgage
$1,150,000
Outstanding Balance
$1,144,895
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$603,546

Purchase Details

Closed on
Jan 24, 2006
Sold by
Baker Ronald and Baker Trust
Bought by
King Vicki and King Living Trust

Purchase Details

Closed on
Jan 23, 2006
Sold by
Baker Ronald and King Vicki
Bought by
King Vicki and King Living Trust

Purchase Details

Closed on
Jun 26, 2000
Sold by
Baker Ronald Tr Baker Trust
Bought by
King Vicki and King Living Trust

Purchase Details

Closed on
Oct 8, 1997
Sold by
Baker Trust and Lillian M
Bought by
Baker Ronald and King Vicki
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 Type Sale Price Title Company
Grant Deed $1,750,000 Ticor Title Company
Quit Claim Deed $358,500 None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $1,750,000 -12.0% $898 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $1,989,000 -- $1,021 / 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 $7,695 $574,385 $296,347 $278,038
2024 $7,695 $563,124 $290,537 $272,587
2023 $7,559 $552,084 $284,841 $267,243
2022 $7,102 $541,259 $279,256 $262,003
2021 $6,950 $530,647 $273,781 $256,866
2019 $6,850 $514,910 $265,661 $249,249
2018 $6,660 $504,814 $260,452 $244,362
2016 $6,133 $485,214 $250,340 $234,874
2015 $5,892 $477,926 $246,580 $231,346
2014 $5,865 $468,565 $241,750 $226,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25052731

California Regional Multiple Listing Service (CRMLS)

APN: 7245-028-008