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$10,000,000
2 Days On Site

5400 E The Toledo 701
Long Beach, CA 90803

For Sale|Condominium|Active
3
Beds
5
Total Baths
4
Full Baths
1
Partial Bath
4,000
SqFt
$2,500
/SqFt
1962
Built
Subdivision:
Naples (NA)
County:
Los Angeles
Listed by Spencer Snyder of The Agency [email protected]

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562.896.2456
5400 E The Toledo 7015400 E The Toledo 7015400 E The Toledo 7015400 E The Toledo 701
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Monthly Payment (Est.)

$45,624
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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.

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Listing Snapshot
Price 
$10,000,000
Days On Site 
2 Days
Bedrooms 
3
Inside Area (SqFt) 
4,000 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.799 Acres
Year Built 
1962
MLS® Number 
RS25078331
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$2,677 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Acres 
0.799
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
1
Parking 
AttachedUnderground
Parking Spaces 
4
Pets 
Yes
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
One
Water Source 
Public
Zoning 
LBR4N
Interior Features
Cooling 
Central AirDual
Fireplace Features 
None
Heating 
Central
Interior 
Entrance FoyerMaster Downstairs
Laundry Features 
Inside
Main Level Bedrooms 
3
Bedroom 
EntryFoyer 
Foyer 
Kitchen 
Living Room 
Master Bathroom 
Master Bedroom 
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Exterior Features
Exterior 
Boat SlipDock
Pool Features 
CommunityIn GroundAssociation
View 
Bridge(s)CanalHillsMarinaMountain(s)NeighborhoodOceanPanoramicWater
Waterview 
Bridge(s)CanalHillsMarinaMountain(s)NeighborhoodOceanPanoramicWater
Community Features
Association Amenities 
PoolSecurityTrashCable TVWaterBoat Dock
Association Dues 
2677
Building Access 
lobby
Community Features 
CurbsFishingStreet LightsSidewalksPool
Financing Terms Available 
CashConventionalSubmit
HOA Fee Frequency 
Monthly
MLS Area 
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
School District 
Long Beach Unified
Schools
School District
Long Beach Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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