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Sold for $2,904,500
  • Listing Provided by: Marcus & Millichap RE Invest
    Bought with: Marcus & Millichap RE Invest
    $2,904,500

    34 Rivo Alto Canal, Long Beach, CA 90803

    5beds
    3baths
    2,458sqft
    Duplex
    Built in 1952
    -- sqft lot
    $2,915,100 Zestimate®
    $1,182/sqft
    $4,419 Estimated rent

    Home value

    $2,915,100

    $2.65M - $3.21M

    $4,419/mo

    Zestimate® history
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    $18,428/mo

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    What's special

    Single-family-home style layout
    Rare canal-front mid-century coastal opportunity in the highly desirable Naples Island. The property consists of two units and can be acquired as an owner-occupied residence while generating rental income from the second unit. A standout feature is the private 24-foot boat dock providing direct canal access, along with an integrated rooftop terrace with spa overlooking the canal, a rare amenity in the submarket. The asset offers both lifestyle and income potential and is well suited for an owner-user or investor seeking a unique waterfront opportunity with upside. The property is currently vacant, allowing for immediate occupancy or lease-up. 34 Rivo Alto features a single-family-home style layout with an integrated ground-level garage and direct interior access. The lower level includes one bedroom, one bathroom, and a bonus room suitable for an office or potential bedroom conversion. The upstairs primary bedroom overlooks the canal and has direct access to the rooftop terrace and spa, offering expansive outdoor living and water views. Unit B is a two-bedroom, one-bath unit with a private sun deck facing the alley, offering separation and privacy and making it well suited for rental income, guest use, or extended family occupancy. Architectural and design characteristics include large view-oriented window openings facing the canal, stacked living levels that separate public and private spaces, and deck and terrace areas integrated into the structure for waterfront enjoyment. A new owner has the opportunity to enhance and personalize this rare asset with upgrades and finishes to match their vision, creating either a dream waterfront home with income or a strong long-term investment.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    Tyler Leeson, DRE #01451551

    Marcus & Millichap RE Invest

    Source: CRMLS,MLS#: OC26036855MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Appliances
    • Laundry: Inside, Laundry Closet
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,458
    • Total interior livable area: 2,458 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Level
    • Pool features: None
    Lot
    • Size: 2,613 sqft
    • Features: Street Level
    Details
    • Parcel number: 7244021005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Street Lights, Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: Naples (Na)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    4/3/2026Sold$2,904,500-9.2%$1,182/sqft
    Source: CRMLS #OC26036855 Report a problem
    3/23/2026Pending sale$3,200,000$1,302/sqft
    Source: CRMLS #OC26036855 Report a problem
    3/10/2026Contingent$3,200,000$1,302/sqft
    Source: CRMLS #OC26036855 Report a problem
    2/18/2026Listed for sale$3,200,000+63900%$1,302/sqft
    Source: CRMLS #OC26036855 Report a problem
    5/24/1995Sold$5,000$2/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,423 +15.8%$2,040,340 +13.3%
    2024$22,822 +78.4%$1,800,232 +80.7%
    2023$12,791 +6.7%$996,035 +2%
    2022$11,989 +1.9%$976,512 +2%
    2021$11,761 +0.3%$957,372 +1%
    2020$11,730 $947,559 +2%
    2019$11,730 +3.9%$928,987 +2%
    2018$11,286 $910,780 +2%
    2017$11,286 +1.1%$892,590 +2%
    2016$11,166 +7.7%$875,090 +1.5%
    2015$10,373 +5.1%$861,946 +2%
    2014$9,873 $845,062 +2.5%
    2012-- $824,749 +2%
    2011-- $808,578 +0.8%
    2010-- $802,536 -0.2%
    2009-- $804,444 +2%
    2008-- $788,671 +2%
    2007-- $773,207 +2%
    2006-- $758,047
    2005-- $758,047 +4%
    2004-- $728,614 +1.9%
    2003-- $715,261 +2%
    2002-- $701,238 +4%
    2000-- $674,010

    Find assessor info on the county website

    Neighborhood: Naples

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,915,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,915,100