5400 E The Toledo 701
Long Beach, CA, 90803
$10,000,000
3 Beds
5 Baths
4,000 SqFt
0.8 Acres
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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 California’s 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 Shore’s iconic 2nd Street, the penthouse is just steps from premier dining, boutique shopping, and vibrant coastal culture—yet 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 in 1962—underscoring its legacy and exclusivity. A defining feature of the Portofino lifestyle is the private marina just steps from your door, offering seamless access to the water and an exclusive coastal living experience. Included in the sale is one boat slip accommodating vessels up to 30 feet—ideal for spontaneous bay cruises or sunset sails. Residents also enjoy a refreshing waterfront pool, perfect for relaxing after a day on the water or simply soaking in the serene bayfront ambiance. And for one unforgettable night each year, the penthouse becomes the ultimate vantage point for the city’s dazzling July 4th fireworks, reflected across the bay in a breathtaking display. With timeless elegance, unmatched views, and a location that combines vibrant city living with tranquil coastal charm, this is more than a residence—it’s a rare piece of Southern California history.

Property Details

Price:
$10,000,000
MLS #:
RS25078331
Status:
Active
Beds:
3
Baths:
5
Address:
5400 E The Toledo 701
Type:
Condo
Subtype:
Condominium
Subdivision:
Naples NA
Neighborhood:
1belmontshoreparknaplesmarinapacbayhrbr
City:
Long Beach
Listed Date:
Apr 10, 2025
State:
CA
Finished Sq Ft:
4,000
ZIP:
90803
Lot Size:
34,805 sqft / 0.80 acres (approx)
Year Built:
1962
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Schools

School District:
Long Beach Unified

Interior

Cooling
Central Air, Dual
Fireplace Features
None
Heating
Central

Exterior

Association Amenities
Pool, Dock, Cable T V, Trash, Water, Pet Rules, Pets Permitted, Security, Controlled Access
Community Features
Biking, Curbs, Fishing, Watersports, Sidewalks, Street Lights
Exterior Features
Boat Slip
Garage Spaces
4.00
Parking Features
Subterranean
Parking Spots
4.00
Pool Features
Community, In Ground
Sewer
Public Sewer
Stories Total
1
View
Bridge(s), Canal, Catalina, Coastline, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Water
Water Source
Public

Financial

Association Fee
2677.00
HOA Name
Portofino HOA of Long Beach

Map

Community

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5400 E The Toledo 701
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