
Long Beach, California 90803
This Coastal Naples Island Residence represents a strategic Value-Add Opportunity listed at $1,650,000—positioned well below the $1,675,919 Fair Market Value by 1%. This entry point secures $25,919 in Instant Equity in a premier waterfront community. Boasting beamed cathedral ceilings and a Condition Rating of 4, the home is move-in ready yet offers immense potential for modernization. Situated steps from Alamitos Bay and the 10/10-rated Naples Elementary, it perfectly blends lifestyle luxury with financial upside. This is an ideal match for Owner-Occupants or Lifestyle-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5916 E The Toledo Subject | $1,650,000* List Price | 3 | 2 | 2,152 | $779 | - |
A 214 Angelo Sold | $1,450,000 | 4 | 3 | 2,005 | $723 | 0.2 mi |
B 331 Parsons Landing Sold | $1,925,000 | 3 | 3 | 2,140 | $900 | 0.8 mi |
C 40 Claremont Avenue Sold | $1,393,780 | 3 | 2 | 1,600 | $871 | 0.7 mi |
D 60 Pomona Avenue Sold | $1,510,000 | 3 | 3 | 1,844 | $819 | 0.8 mi |
E 133 Pomona Avenue Se Sold | $1,585,000 | 3 | 2 | 1,671 | $949 | 0.8 mi |
F 5812 Spinnaker Bay Drive Pending | $2,100,000 List Price | 3 | 3 | 2,265 | $927 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property is well-maintained and professionally staged but shows clear signs of being outdated. The kitchen features older white cabinetry, tile countertops, and dated appliances. The interior includes wall-to-wall carpeting, popcorn ceilings, and mid-century metal railings that have not been modernized. While the architectural beamed ceilings and stone fireplace are high-quality features, the listing itself notes the 'opportunity to update or reimagine,' placing it firmly in the fair category as a functional but aged home requiring cosmetic and system updates.
Elementary School: Naples Elementary School (10/10).
Situated in one of Long Beach's most prestigious coastal communities, the home is steps from the canals, Alamitos Bay, and the Long Beach Yacht Club, offering an elite waterfront lifestyle.
The property features striking beamed cathedral ceilings and an abundance of natural light, providing a strong aesthetic foundation and a sense of volume rarely found in older builds.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2548, living area = 2152.
Built in 1964 and marketed as an opportunity to 'update or reimagine,' the home likely requires significant capital investment to modernize the finishes and systems to current luxury standards.
With a lot size of just 2,548 square feet, the property offers minimal yard space, which may be a drawback for buyers seeking significant garden areas or large-scale outdoor entertaining.
Located at 5916 East The Toledo on Naples Island, this three-bedroom, two-bath home with a den offers natural light, architectural character, including beamed cathedral ceilings and a functional layout that works comfortably today while presenting an opportunity to update or reimagine over time. The home features a desirable downstairs bedroom and den, along with a private courtyard patio—creating flexible living spaces both inside and out. Ideally situated near the canals and Alamitos Bay, and just moments from the Long Beach Yacht Club, this location captures the essence of Naples Island living. Enjoy close proximity to waterfront activities including boating, sailing, paddleboarding, and kayaking, as well as nearby Mother’s Beach. Dining, cafes, and local shops are nearby, along with community favorites including summer concerts in the park, the annual pancake breakfast, and the holiday boat parade—reflecting a lifestyle that is both vibrant and distinctly coastal. A home with opportunity in one of Long Beach’s most desirable coastal communities. More photographs and walk-through video to follow.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.1 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 | 2,152 | 2,086 | 51% |
| Lot Size | 2,548 | 3,017 | 32% |
| Price | $1.65M | $1.85M | 44% |
| Price per sq ft | $767 | $911 | 25% |
| Built year | 1964 | 1948 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 186 | 1% |
Apr 16, 2026
$1,650,000
Initial Listing