$7,999,000
Est. $44,794/mo5400 The Toledo, Long Beach, CA 90803
About this home
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.
infoProperty Facts
Bedrooms
3
Bathrooms
4.5
Square Feet
4,000
Property Type
Condominium
Days on Market
221
HOA Fee
$595/mo
Garage Total
4
MLS #
RS25078331
chairInterior Details
General Interior
Interior Features
All Bedrooms Down, Bedroom On Main Level, Entrance Foyer, Main Level Primary, Primary Suite
Kitchen & Appliances
Laundry
Inside
Bed & Bath
Main Level Master
Yes
garageParking
Total Parking Spaces
4
Garage Spaces
4
Attached Garage
Yes
deckExterior & Lot
Lot & Grounds
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
HOA Amenities
Controlled Access, Dock, Pool, Pet Restrictions, Pets Allowed, Security, Trash, Cable Tv, Water
Community Features
Biking, Curbs, Fishing, Street Lights, Sidewalks, Water Sports, Pool
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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