5914 E Naples Plaza, Long Beach

$4,950,000

0 Beds
0 Baths
9,648 Sqft
0 Sqft
0 Garages

Luxurious, 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.

Essential Information
MLS® #OC17088092
Price$4,950,000
Square Footage9,648
Year Built1930
TypeResidential Income
StatusActive Under Contract
Community Information
Address5914 E Naples Plaza
SubdivisionNaples (NA)
CityLong Beach
CountyLos Angeles
StateCA
Zip Code90803
Area

Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr

Amenities
Parking Spaces2
Is WaterfrontYes
Waterfront

Lot is Across the Road from Lake/Ocean, Marina in Community, Ocean Side of Highway 1, Ocean Side of Freeway

Interior
HeatingWall Heater, Forced Air
FireplaceYes
# of Stories3
StoriesThree Or More Levels
Exterior
Lot Description

Corner Lot, Level with Street, Lot-Level/Flat, Lot Shape-Rectangular, Paved

Additional Information
Date ListedMay 10th, 2017
Days on Market185
ZoningLBR4R
Listing Details
AgentBrad Petersen(01724042)
OfficePay It Forward Realty
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $5,100,000 to $4,950,000
Price Reduced from $5,100,000 to $4,950,000
Price Reduced from $5,250,000 to $5,100,000
Price Reduced from $5,495,000 to $5,250,000
Show All History (11)

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Based on information from California Regional Multiple Listing Service, Inc. as of November 17th, 2017 at 12:55pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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