Talk Irvine

General => Real Estate => O.C. Real Estate => Topic started by: zubs on August 11, 2021, 11:42:23 AM

Title: beach house - Naples
Post by: zubs on August 11, 2021, 11:42:23 AM
Over the weekend, I was in Long Beach, and noticed this open house.
https://www.redfin.com/CA/Long-Beach/5433-E-The-Toledo-90803/home/7593434 (https://www.redfin.com/CA/Long-Beach/5433-E-The-Toledo-90803/home/7593434)
so i went inside.


Like many, I think living near the beach would be great as the weather is only 75 degrees when the rest of the county is 85.
I wonder if purple font would give us some of his insights into this area.


I noticed that the Long Beach area is much cheaper than other beach areas. 
I noticed the flood risk is a 7 out of 10 due to climate change.
Perhaps spending so much money and then enduring floods in the future is a bad idea.

It's also about 0.5 miles from the border of seal beach, so I'll consider it OC.
Title: Re: beach house - Naples
Post by: OCtoSV on August 11, 2021, 11:55:50 AM
A good friend from college grew up in Naples, and was unfortunately murdered there after college one night fighting off 2 kids that tried to mug him for his bike as he was riding home from the bars to his parents house - one pulled out a gun and shot him. I remember going with him to the Naples Xmas parade when we were in college back in the 80s. Such a cool place to live but just know you're close to many major gang areas in the LBC.
Title: Re: beach house - Naples
Post by: irviniteeee on August 11, 2021, 12:22:42 PM
A good friend from college grew up in Naples, and was unfortunately murdered there after college one night fighting off 2 kids that tried to mug him for his bike as he was riding home from the bars to his parents house - one pulled out a gun and shot him. I remember going with him to the Naples Xmas parade when we were in college back in the 80s. Such a cool place to live but just know you're close to many major gang areas in the LBC.

Naples is nowhere near the gang ridden parts of LB. Not sure how it was on 2nd Street in the 80s (I'm guessing this is where he was heading back from) , but that area is like the Newport Peninsula. Any area with people out late at night or bar hopping is going to have some unsavory characters.

Sorry about your friend though, that's unfortunate. May he RIP.
Title: Re: beach house - Naples
Post by: OCtoSV on August 11, 2021, 01:48:59 PM
But it's still Long Beach, not Newport, where I vividly recall many years ago being pulled over in a car with a couple girls on Balboa Blvd at night for going 26 in a 25.... This guy was the only LBer I knew who went to public school (Wilson) - the rest I knew went to Brethren, Chadwick, Loyola etc., just like wealthy families in Pasadena all send their kids to the privates. One of the most prominent LB/Naples families too. So sad.
Title: Re: beach house - Naples
Post by: zubs on August 11, 2021, 02:13:00 PM
This house is like a 10 min walk from the 2nd street bars.
There is a price to pay when you live near fun areas, or when you do fun stuff.
A positive correlation between fun and risk.

I very much like this house and location.
Title: Re: beach house - Naples
Post by: USCTrojanCPA on August 11, 2021, 03:24:48 PM
One of my good friends has lived in Belmont Shores right around 2nd street and loved it but they bought a larger home in Laguna Beach and once they finish renovating the Laguna Beach home they'll move into it and sell their Belmont Shores home.
Title: Re: beach house - Naples
Post by: zubs on August 11, 2021, 03:53:26 PM
Everyone I know....as they get richer, drift toward the coast.
The movement goes something like this.

Hemet -> Ontario -> Yorba Linda -> Irvine -> Corona Del Mar

The other day I talked to my neighbor who said he was thinking of selling his house to buy a place in CDM.
In your case, your good friend moved from a cheaper beach area to a more expensive beach area.

We are just lemmings shuffling towards the water.
Title: Re: beach house - Naples
Post by: USCTrojanCPA on August 11, 2021, 04:28:40 PM
Everyone I know....as they get richer, drift toward the coast.
The movement goes something like this.

Hemet -> Ontario -> Yorba Linda -> Irvine -> Corona Del Mar

The other day I talked to my neighbor who said he was thinking of selling his house to buy a place in CDM.
In your case, your good friend moved from a cheaper beach area to a more expensive beach area.

We are just lemmings shuffling towards the water.

His home is 2bd/1bath and around 1,000sf and fully renovated as of a few years ago with a direct access 2-car garage.  Yeah, him and his wife bought a 2,500sf home in Laguna Beach a few months ago.  If you want to get more info on the home just ping me as he'll have me sell it as he used his aunt to buy the Laguna Beach home.  I'm also considering looking at homes in Newport Beach, Newport Coast, and Corona Del Mar if I can't find my unicorn in Irvine.
Title: Re: beach house - Naples
Post by: morekaos on August 11, 2021, 06:11:41 PM
I am originally a South Bay kid and have always lived at the beach.  We lived on the Peninsula here for a few years and except for a 4 year stint in Irvine (hence my IHB pedigree) we moved back to Naples island in 2007.  Shhhhhh, I like our little coastal secret. People always look at you funny when you declare your from the LBC but that’s bc they don’t understand east v west Long Beach.  We live on the water and paid a fraction of Lido or Newport or Huntington harbor. The neighborhood is for all intents and purposes alike. The town is without a doubt edgier but I like the diversity. The island is neighborly and my idea of old school, every house is different and there is true beach character. It is Our forever home.
Title: Re: beach house - Naples
Post by: Cares on August 11, 2021, 08:16:55 PM
I used to go out on the water at Naples every Saturday and Sunday. It is night and day compared to west LB. I would love to own a home on Naples or even in the general Belmont Shores area. Great location to be in.
Title: Re: beach house - Naples
Post by: morekaos on August 11, 2021, 08:30:11 PM
I love living here and actually drive a cart every day to my office on the water. I could take our whaler but 6AM into a wet boat in a suit is just not as fun as it may sound. The schools are a challenge but my kids all went to private school. Weekends and boat life are a blessing.
Title: Re: beach house - Naples
Post by: zubs on August 11, 2021, 10:18:26 PM
Naples elementary is a 10/10.
Other than that..the house i copy pasted on the first post is awesome.
What do u think about it?
Title: Re: beach house - Naples
Post by: morekaos on August 11, 2021, 10:44:31 PM
I know that house. Nice side of the island but for that price I would want to touch water. Be patient and you could find it.

https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true (https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true)
Title: Re: beach house - Naples
Post by: morekaos on August 11, 2021, 11:00:01 PM
Naples elementary only goes to 6th, then its off to Rodgers then Wilson or Miliken. Decent sports schools but not academically strong. Catholic and Christian schools are good alternatives.
Title: Re: beach house - Naples
Post by: USCTrojanCPA on August 11, 2021, 11:14:49 PM
I know that house. Nice side of the island but for that price I would want to touch water. Be patient and you could find it.

https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true (https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true)

If only it had a 3-car garage...sigh.
Title: Re: beach house - Naples
Post by: morekaos on August 11, 2021, 11:36:03 PM
I know that house. Nice side of the island but for that price I would want to touch water. Be patient and you could find it.

https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true (https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true)

If only it had a 3-car garage...sigh.

Funny thing SC there is a local ordinances that all homes have to have at least 2 garage spaces in order to ease street parking.  Mine are converted to a man cave and storage but they are there. ;D >:D
Title: Re: beach house - Naples
Post by: morekaos on August 12, 2021, 08:57:01 AM
It really is a magical place to live...my kids loved growing up here.

Title: Re: beach house - Naples
Post by: eyephone on August 12, 2021, 09:05:37 AM
Maybe that place is nice area. But Long beach is not a safe city. Crime rate is high.
Live there and shop in the oc? (Is that the solution?) haha
Title: Re: beach house - Naples
Post by: morekaos on August 12, 2021, 09:54:52 AM
Maybe that place is nice area. But Long beach is not a safe city. Crime rate is high.
Live there and shop in the oc? (Is that the solution?) haha

That's what we do. 1% less in sales tax just over the bridge.  We go to Costco, fill gas and buy groceries in the OC.
Title: Re: beach house - Naples
Post by: zubs on August 12, 2021, 10:40:41 AM
I know that house. Nice side of the island but for that price I would want to touch water. Be patient and you could find it.

https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true (https://www.redfin.com/CA/Long-Beach/103-Rivo-Alto-Canal-90803/home/7592659?from_mobile_app=true)

If only it had a 3-car garage...sigh.

Funny thing SC there is a local ordinances that all homes have to have at least 2 garage spaces in order to ease street parking.  Mine are converted to a man cave and storage but they are there. ;D >:D

I like the new outdoor mall @ Seal Beach with the wholefoods market in the parking garage.
Regarding this house.  I'm guessing you prefer this one to the one in the first post because of the boat dock.

The boat dock should be regarded as the "3rd" garage. 
Title: Re: beach house - Naples
Post by: eyephone on August 12, 2021, 10:45:13 AM
Maybe that place is nice area. But Long beach is not a safe city. Crime rate is high.
Live there and shop in the oc? (Is that the solution?) haha

That's what we do. 1% less in sales tax just over the bridge.  We go to Costco, fill gas and buy groceries in the OC.

But you cant shop in the city you live in? A complete joke.
Homeless people all around downtown. There are many gangs in LB.
I forgot to mention the trash on the sidewalks in parts of LB.
Title: Re: beach house - Naples
Post by: zubs on August 12, 2021, 10:51:01 AM
The reason to live in Naples is that it's close to OC-Seal Beach, so you get best of both worlds.
A little bit of risk and a little bit of security.
Title: Re: beach house - Naples
Post by: morekaos on August 12, 2021, 11:14:12 AM
The reason to live in Naples is that it's close to OC-Seal Beach, so you get best of both worlds.
A little bit of risk and a little bit of security.

Oh believe me, there has been talk of seceding to the OC but LB will never let it happen because they love the tax base and parking ticket revenue.  Costco is actually closer in Los Al than the one in Signal Hill.  We are far enough from downtown but still close enough to venture if we want without endangering ones self.  There are some great restaurants and bars down there. 
Title: Re: beach house - Naples
Post by: morekaos on August 12, 2021, 11:17:23 AM
Maybe that place is nice area. But Long beach is not a safe city. Crime rate is high.
Live there and shop in the oc? (Is that the solution?) haha

That's what we do. 1% less in sales tax just over the bridge.  We go to Costco, fill gas and buy groceries in the OC.


But you cant shop in the city you live in? A complete joke.
Homeless people all around downtown. There are many gangs in LB.
I forgot to mention the trash on the sidewalks in parts of LB.

As I said...few understand the difference between West and East Long Beach.
Title: Re: beach house - Naples
Post by: HMart on August 12, 2021, 04:38:29 PM
I personally would rather live here than many of the $2m properties in Irvine. We used to live in Belmont Shore (about half a block from 2nd St) before Irvine, it was great for an earlier period of time back when we used to go to bars more often. The temperature is noticeably cooler than Irvine, also. The neighborhood is great for evening dog walks. The level of crime doesn't bother me, and I like the local flavor. This specific house is very close to the fun part of 2nd street, which is on balance a good thing but does have some parking-related drawbacks if you are having a house party.

I don't know if I would *buy* here though. Same reason I wouldn't buy in Balboa Island--I believe in climate change and flood risk (in the coming decades) is one of my concerns. Also, I don't like not being able to walk to the grocery store like I can in my current place in Irvine. If you don't mind driving, then it's true that Gelsons/TJ are an easy drive. Ultimately, probably the main driver of moving was for schools for a future family. My wife's boss tried to convince her of the value of St Anthony's (she worked downtown and loved being able to ride her bike along the beach path to work) but I don't really believe in private school cost-wise or philosophically.
Title: Re: beach house - Naples
Post by: morekaos on August 12, 2021, 08:04:37 PM
Really does come down to personal preference. I don’t really believe in global warming but if our house sinks that’s probably my kids problem. For now this is living. My kids all went to private school and I feel we got our bang for the buck. We can walk to the grocery. Ralphs, Gelsons and Whole Foods are right over the bridge but Rite Aid is right on the island. Tons of great restaurants and bars, just had dinner at the Bungalow on second. Really enjoyed it. You gotta find your own corner and be happy.
Title: Re: beach house - Naples
Post by: irvinehomeowner on August 12, 2021, 10:34:00 PM
If only it had a 3-car garage...sigh.

Once you go 3... nothing else to see!
Title: Re: beach house - Naples
Post by: The California Court Company on August 12, 2021, 10:51:54 PM
I already found 3CWG too small. should've bought a house with 4CWG

If only it had a 3-car garage...sigh.

Once you go 3... nothing else to see!
Title: Re: beach house - Naples
Post by: zubs on August 13, 2021, 09:13:06 AM
Everyone I know....as they get richer, drift toward the coast.
The movement goes something like this.

Hemet -> Ontario -> Yorba Linda -> Irvine -> Corona Del Mar

The other day I talked to my neighbor who said he was thinking of selling his house to buy a place in CDM.
In your case, your good friend moved from a cheaper beach area to a more expensive beach area.

We are just lemmings shuffling towards the water.

His home is 2bd/1bath and around 1,000sf and fully renovated as of a few years ago with a direct access 2-car garage.  Yeah, him and his wife bought a 2,500sf home in Laguna Beach a few months ago.  If you want to get more info on the home just ping me as he'll have me sell it as he used his aunt to buy the Laguna Beach home.  I'm also considering looking at homes in Newport Beach, Newport Coast, and Corona Del Mar if I can't find my unicorn in Irvine.

Thanks for the offer, but there's only a small chance of me ever buying a coastal home.  I mainly started this post on TI to talk about real estate and get more engagement.  Saying that, I did visit this open house, and it was nice imagining owning that home.
Title: Re: beach house - Naples
Post by: morekaos on August 13, 2021, 09:45:10 AM
It can be done Zubs.  I started out on IHB in the 90's and sold all my Real Estate in 2005.  My wife and family thought I was nuts.  In retrospect...not so much.  We rented in Irvine and then back in Naples till 2011 and bought a house that today I could not afford to buy.  Paid the lowest on that street since 2002 in 2011.  Now, that house is my kids problem but we get to live there till they drag our bodies out whenever.  Like comedy...it's all about.....timing.
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