42 56th Pl, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 3 bath
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Long Beach, California 90803
This Stunning Coastal Residence is a Prime Investment Opportunity, listed at $2,850,000—positioned well below the $2,923,387 Fair Market Value by 2%. This valuation gap offers $73,387 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts a Gourmet Kitchen, Engineered Hardwood Floors, and a Rooftop Deck with panoramic views. Located in the Long Beach Unified district near Naples Elementary (10/10), this property is an ideal sanctuary for Luxury Homeowners or Discerning Investors seeking a turnkey beach lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 56th Pl Subject | $2,850,000* List Price | 4 | 3 | 2,538 | $1,152 | - |
A 120 N Loreta Walk Sold | $2,149,000 | 3 | 3 | 2,547 | $844 | 0.4 mi |
B 24 Rivo Alto Canal Sold | $3,180,000 | 4 | 3 | 2,400 | $1,325 | 0.3 mi |
C 111 Rivo Alto Canal Sold | $3,600,000 | 3 | 3 | 2,502 | $1,439 | 0.4 mi |
D 5433 E The Toledo Sold | $2,550,000 | 4 | 4 | 3,041 | $839 | 0.5 mi |
E 354 Salta Verde Point Sold | $2,750,000 | 4 | 4 | 2,744 | $1,002 | 1.0 mi |
F 75 Angelo Walk Sold | $3,225,000 | 3 | 4 | 2,794 | $1,154 | 0.4 mi |
G 32 56th Sold | $2,075,000 | 3 | 3 | 1,795 | $1,156 | 0.0 mi |
H 83 63rd Place Sold | $2,150,000 | 3 | 3 | 1,784 | $1,205 | 0.3 mi |
I 6025 E Ocean Pending | $1,999,500 List Price | 4 | 3 | 2,486 | $804 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1987, the home has undergone significant high-end renovations likely within the last 10-15 years. The gourmet kitchen features granite countertops and stainless steel appliances, and the interior boasts engineered hardwood floors and updated spa-like bathrooms. It is well-maintained and move-in ready.
Elementary School: Naples Elementary School (10/10).
The expansive rooftop deck provides rare 360-degree panoramic views of Alamitos Bay, Catalina Island, and the San Gabriel Mountains, offering a premier space for entertaining.
Featuring two garages with space for three cars, this property addresses the Peninsula's most significant challenge—limited parking—providing immense convenience and value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2538, other record lot size in square feet = 2372.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2538, living area = 2538.
The lot size is nearly identical to the building footprint, resulting in a lack of traditional yard or garden space, which may not appeal to buyers seeking private green areas.
Enjoy exceptional coastal living on the highly desirable Alamitos Bay Peninsula in this beautifully upgraded 4-bedroom, 3-bathroom home offering 2,538 square feet of living space just steps from the Alamitos Bay and across from the Pacific Ocean. Designed to maximize natural light and stunning water views, the home features soaring ceilings, engineered hardwood floors, custom finishes, an open-concept living area with floor-to-ceiling windows, multiple balconies, and a gourmet kitchen with custom cabinetry, granite countertops, and stainless steel appliances. The spacious primary suite offers a spa-inspired bath with a steam shower and walk-in closet, while the expansive rooftop deck showcases breathtaking 360-degree views of Alamitos Bay, Catalina Island, the San Gabriel Mountains, and the Pacific Ocean. Additional highlights include a private first-floor en-suite bedroom, family room, separate laundry room, central vacuum system, and rare parking with two garages to accommodate three cars. Located within walking distance of Belmont Shore, Naples, waterfront recreation, dining, shopping, and the bike path, this exceptional residence offers the ultimate Southern California beach lifestyle.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,538 | 1,556.5 |
| Lot Size | 2,538 | 5,910 |
| Price | $2.85M | $1.02M |
| Price per sq ft | $1.1K | $721 |
| Built year | 1987 | 1949 |
| HOA | $0 | $240 |
| Days on market | 21 | 46 |
Jul 1, 2026
$2,850,000
Initial Listing
Apr 1, 2013
$1,175,000
Public Record