NOT LISTED FOR SALE

Estimated Value: $2,394,000 - $2,570,320

6 Beds
6 Baths
2,350 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $2,475,000 $1,053 Per Sq Ft

Current estimated payment $15,525/month

288 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fishing
  • Naples Bayside Academy Rated A
  • Property has ocean access
  • Open Floorplan

About This Home

As of December 2024

Lowest price oceanfront duplex fixer in all of Southern California! This Oceanfront estate is highly sought after due to its unique raised foundation above sea level, 4+ car parking, breathtaking sweeping ocean views out the front, while enjoying views of Alamitos Bay from the rear. Truly, these are the best characteristics the peninsula has to offer. Ideal for beach living in one unit and renting out the other during high-demand vacation season. The first floor unit boasts an extensively upgraded three bedroom, three bath, luxurious open floor plan. The second unit and a portion of the exterior is a fixer—three bedroom two bath unit, with a front ocean view balcony, and a rear privacy deck. Iit doesn’t stop there. Accessible from the second unit, is a third story bonus floor with its own rear oversized deck with surrounded by ocean and bay views from east to west. Enjoy the sights and sounds of firework shows, snow capped mountains, boat parades and yearly festivities from your very own beach retreat. The lower level boasts an oversized parking lot with 2 to 3 covered parking carport, 1 to 2 car parking on the pad behind, oversized laundry and storage room, ample indoor and outdoor storage for kayaks, paddle boards and other water activity supplies. See recent sale at 7015 E. Seaside to see the comparable for the lot value alone. Don't miss the chance to own this beach retreat, perfectly priced and ready for you to move in! Sellers motivation, is your gain!

Last Agent to Sell the Property

Shawn Ward

West Shores Realty, Inc. Brokerage Email: shawntherltr@gmail.com License #01893436 Listed on: 01/16/2024

West Shores Realty, Inc.

Last Buyer's Agent

Shawn Ward

West Shores Realty, Inc. Brokerage Email: shawntherltr@gmail.com License #01893436 Listed on: 01/16/2024

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 2,246 Sq Ft Lot
  • Beach Front
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Attached Carport
  • Oversized Parking
  • Parking Available
  • Tandem Garage

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Views of a pier
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Wood Roof
  • Stucco

Interior Spaces

  • 2,350 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Attached Deck
  • Bonus Room
  • Storage
  • Utility Room
  • Center Hall

Kitchen

  • Six Burner Stove
  • Built-In Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Property has ocean access
  • Living Room Balcony

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 22
  • Assessor Parcel Number 7245030025
  • $441 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Peninsula Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Property Condition: Repairs Cosmetic, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7245030025
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Stone Counters, Storage
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 1053.19
  • Room Type: Bonus Room, Center Hall, Entry, Family Room, Great Room, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • View: Bay, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Wood
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Covered, Paved, On Site, Oversized, Private, Tandem Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2246.00
  • Lot Size Acres: 0.0516

Multi Family

  • Lot Size Area: 2246.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 5775.04
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 441.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Nov 21, 2024
Sold by
Assad Family Living Trust and Assad Youanness R
Bought by
Sea La Vie Villa Llc
Seller's Agent
Shawn Ward
West Shores Realty, Inc.
Buyer's Agent
Shawn Ward
West Shores Realty, Inc.
List Price
$3,099,000
Sold Price
$2,475,000
Premium/Discount to List
-$624,000
-20.14%
Views
198
Current Estimated Value
$2,481,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,080
Avg. Annual Appreciation
0.25%

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 12, 2020
Sold by
Fti Holdings Inc
Bought by
Assad Youanness R and Assad Family Living Trust
Seller's Agent
Mohsen Shahbani
Coldwell Banker Realty
Buyer's Agent
Shawn Ward
West Shores Realty, Inc.
List Price
$2,295,000
Sold Price
$2,274,400
Premium/Discount to List
-$20,600
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Chi Cheng Ting
Bought by
Fti Holdings Inc

Purchase Details

Listed on
Apr 30, 2014
Closed on
Aug 2, 2014
Sold by
Chi Colette
Bought by
Chi Cheng Ting
Seller's Agent
Shelley Hanks
Access Coastal Realty
Buyer's Agent
Jenny Chi
Jenny Chi, Broker
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$800,775
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jun 20, 2014
Sold by
Echeveste Rodney
Bought by
Chi Cheng Ting
Seller's Agent
Shelley Hanks
Access Coastal Realty
Buyer's Agent
Jenny Chi
Jenny Chi, Broker
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,775
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2008
Sold by
Echeveste Rodney C
Bought by
Echeveste Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
Echeveste Rodney C
Bought by
Echeveste Rodney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$831,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1995
Sold by
Fishbach Leonora A and Fischbach Trust
Bought by
Echeveste Rodney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,600
Interest Rate
8.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sea La Vie Villa Llc $2,475,000 Ticor Title Company Of Califor
Assad Youanness R $2,274,500 Ticor Title
Fti Holdings Inc -- Accommodation
Chi Cheng Ting -- Equity Title
Chi Cheng Ting $1,500,000 Lawyers Title
Echeveste Rodney -- Southland Title
Echeveste Rodney C -- United Title Company Ventura
Echeveste Rodney C -- United Title Company Ventura
Echeveste Rodney C $549,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chi Cheng Ting $800,775
Previous Owner Chi Cheng Ting $800,000
Previous Owner Echeveste Rodney $1,050,000
Previous Owner Echeveste Rodney C $831,000
Previous Owner Echeveste Rodney C $439,600
Closed Echeveste Rodney C $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $2,475,000 -10.0% $1,053 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $2,749,000 -1.8% $1,170 / Sq Ft
08/13/2024 08/13/24 Price Changed $2,799,000 -3.4% $1,191 / Sq Ft
06/05/2024 06/05/24 Price Changed $2,899,000 -3.3% $1,234 / Sq Ft
04/15/2024 04/15/24 Price Changed $2,999,000 -3.2% $1,276 / Sq Ft
03/17/2024 03/17/24 For Sale $3,099,000 +25.2% $1,319 / Sq Ft
03/12/2024 03/12/24 Off Market $2,475,000 -- --
01/16/2024 01/16/24 For Sale $3,099,000 +36.3% $1,319 / Sq Ft
11/19/2020 11/19/20 Sold $2,274,400 -0.9% $968 / Sq Ft View Prior Sale
09/15/2020 09/15/20 For Sale $2,295,000 +53.0% $977 / Sq Ft
06/27/2014 06/27/14 Sold $1,500,000 -14.3% $707 / Sq Ft View Prior Sale
06/15/2014 06/15/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $1,750,000 -- $825 / 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 $30,312 $2,475,000 $1,600,000 $875,000
2024 $30,312 $2,413,609 $1,570,587 $843,022
2023 $29,810 $2,366,285 $1,539,792 $826,493
2022 $27,944 $2,319,888 $1,509,600 $810,288
2021 $27,504 $2,274,400 $1,480,000 $794,400
2020 $20,595 $1,681,339 $1,120,893 $560,446
2019 $20,352 $1,648,372 $1,098,915 $549,457
2018 $19,864 $1,616,052 $1,077,368 $538,684
2016 $18,275 $1,553,301 $1,035,534 $517,767
2015 $17,524 $1,529,970 $1,019,980 $509,990
2014 $8,913 $755,438 $516,572 $238,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23230562

California Regional Multiple Listing Service (CRMLS)

APN: 7245-030-025