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$8,999,000

Est. payment - /mo

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3 Beds

5.5 Baths

4,000 SqFt

Price Dropped by $1.0M

5400 E The Toledo #701 Long Beach, CA 90803

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

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Key Details

Property Type Multi-Family

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $2,249

Subdivision Naples (Na)

MLS Listing ID RS25078331

Bedrooms 3

Full Baths 4

Half Baths 1

HOA Fees $2,677/mo

Year Built 1962

Property Sub-Type All Other Attached

Property Description

Perched atop the crown jewel of exclusive Naples Island, this extraordinary penthouse at the Portofino offers a rare opportunity to own a landmark residence in one of Southern Californias most coveted waterfront communities. Spanning approximately 4,000 square feet, this 3-bedroom, 4.5-bathroom masterpiece delivers commanding, unobstructed views of Alamitos Bay, the Pacific Ocean, city skyline, and distant mountains. Positioned at the end of Belmont Shores iconic 2nd Street, the penthouse is just steps from premier dining, boutique shopping, and vibrant coastal cultureyet feels worlds away in its elevated privacy and serenity. Designed with the entertainer in mind, this open-concept home seamlessly blends indoor and outdoor living. Expansive wraparound terraces provide the perfect setting for intimate dinners or large-scale gatherings, offering panoramic vistas that leave a lasting impression. Floor-to-ceiling windows flood the living spaces with natural light, showcasing the ever-changing scenery from every room. Inside, the residence boasts a thoughtfully designed layout with grand living and dining areas, a gourmet kitchen tailored for both culinary precision and casual elegance, a stylish bar area, and dedicated laundry and fitness rooms. Two of the 3 spacious bedrooms offers its own ensuite bath, the third bedroom also enjoys a full bath down the hall, while an additional guest powder room adds convenience and sophistication. Notably, this penthouse was once home to Hollywood royalty and is being offered for sale only for the second time since its original construction

Location

State CA

County Los Angeles

Zoning LBR4N

Direction Corner of 2nd St and The Toledo

Interior

Heating Forced Air Unit

Cooling Central Forced Air, Dual

Fireplace No

Exterior

Garage Spaces 4.0

Pool Below Ground, Community/Common

Amenities Available Controlled Access, Dock, Pet Rules, Pets Permitted, Pool, Security

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Ocean, Panoramic, Marina, Water, Canal, Catalina, Coastline, Neighborhood

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

HOA Name Portofino HOA of Long Bea

HOA Fee Include Cable/TV Services,Trash Pickup,Water,Security

Tax ID 7244015090

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=iZQvMvY94qX

Listed by Spencer Snyder The Agency

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

5400 E The Toledo #701 Long Beach, CA 90803

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Others

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5400 E The Toledo #701