
Long Beach, California 90803
This Rare Single-Level Coastal Residence is a Prime Investment Opportunity, listed at $1,599,000—positioned well below the $1,667,490 Fair Market Value by 4%. This valuation gap provides $68,490 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modernized kitchen, vinyl wood plank flooring, and private patios. Located on Naples Island near the canals and the 10/10 rated Naples Elementary School, it balances financial upside with an elite lifestyle. This is an ideal acquisition for luxury-seeking families or Owner-Occupants desiring a turnkey seaside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 237 San Remo Drive Subject | $1,599,000* List Price | 3 | 2 | 1,603 | $1,040 | - |
A 285 Ravenna Sold | $1,899,999 | 3 | 2 | 1,475 | $1,288 | 0.2 mi |
B 253 Ancona Sold | $2,000,000 | 3 | 3 | 1,888 | $1,059 | 0.1 mi |
C 32 56th Sold | $2,075,000 | 3 | 3 | 1,795 | $1,156 | 0.5 mi |
D 143 Roycroft Avenue Sold | $1,275,000 | 2 | 1 | 1,332 | $957 | 0.9 mi |
E 5331 E Ocean Sold | $2,050,000 | 4 | 3 | 1,884 | $1,088 | 0.6 mi |
F 333 La Verne Avenue Active | $1,780,000 List Price | 3 | 3 | 1,714 | $1,039 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1946, the property has undergone an extensive recent renovation that meets current quality standards. The interior features new vinyl wood plank flooring, a modernized kitchen with a large island and stainless steel appliances, and updated bathrooms with contemporary tile and fixtures. The exterior is well-maintained with a newer metal roof and new windows throughout, making it a turnkey coastal home.
Elementary School: Naples Elementary School (10/10).
Situated in the heart of the iconic Naples Island, this property offers an elite coastal lifestyle with immediate proximity to the canals, beach, and water activities like kayaking and paddleboarding.
The home features a highly desirable and rare single-story floor plan that includes three bedrooms plus an office, providing excellent accessibility and a functional flow for all life stages.
With a lot size of approximately 3,227 square feet, the outdoor space is restricted to small patios, which may be a drawback for buyers seeking a traditional large backyard or garden.
Built in 1946, the property may require future investments in aging structural or mechanical systems that are common in mid-century homes, despite the recent cosmetic and window updates.
Charming, classic, single family home in the heart of Naples Island, one of Long Beach's most iconic neighborhoods. This rare single level, 3 bedroom / 2 bath plus an office with patios at both the front and back invites you to take advantage of the coastal beach close lifestyle. Only a short block to launch your kayak, paddle board or pedal to the bike path. The Dutch door welcomes you home and lets the sea air in on those special days. New windows, window blinds and vinyl wood plank flooring throughout brightens every room. The living room features a fireplace for warmth and ambience. The kitchen with its large cooking island provides the perfect setting for dining and entertaining. The kitchen opens to the dining room and the private patio with its own outdoor fireplace. The bedrooms provide ample closet space and rest off of the hallway for privacy. A separate laundry room appears at the rear entry. Easy access to the beautiful Naples Canals, nearby restaurants, shopping and entertainment. This mid-island street is lightly traveled. This is not only a great home, but also a way of life. A perfect home for World Cup and Olympic guests.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,603 | 2,032 | 24% |
| Lot Size | 3,227 | 3,103 | 60% |
| Price | $1.60M | $1.85M | 41% |
| Price per sq ft | $998 | $917 | 65% |
| Built year | 1946 | 1947 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 186 | 1% |
Apr 18, 2026
$1,599,000
$1,689,000
-5% Price Drop
Initial Listing
Apr 16, 2026
$1,689,000
Initial Listing
Nov 1, 2000
$418,000
Public Record
Jul 16, 1998
$365,000
Public Record
Oct 31, 1997
$250,000
Public Record