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Property

Long Beach, CA 90803 5400 E The Toledo 701

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Presented By: Spencer Snyder with The Agency; 562-355-0334
  • MLS# RS25078331
  • 04/10/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Full/Half Baths • 4 / 1
  • SQFT • 4,000
  • Garage • 4
  • Year Built • 1962

Home Details

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.
Presented By: Spencer Snyder with The Agency; 562-355-0334

Interior Features for 5400 E The Toledo 701

Bedrooms

Main Level Bedrooms3
Total Bedrooms3

Bathrooms

Half Baths1
Main Level Bathrooms5
Total Baths5

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAllBedroomsDown, BedroomOnMainLevel, EntranceFoyer, MainLevelPrimary, PrimarySuite
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level2

General for 5400 E The Toledo 701

Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Association AmenitiesControlledAccess, Dock, Pool, PetRestrictions, PetsAllowed, Security, Trash, CableTv, Water
Association NamePortofino HOA of Long Beach
Attached Garage Yes
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, Curbs, Fishing, StreetLights, Sidewalks, WaterSports, Pool
CoolingCentralAir, Dual
CountyLos Angeles
DirectionsCorner of 2nd St and The Toledo
Electric On Property Y/NNo
Entry Locationlobby
Full Baths4
Garage Spaces4.0
Garage Y/NYes
HOAYes
HOA Fee$2677.0
HeatingCentral
High School DistrictLong Beach Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Submit
Living Area UnitsSquareFeet
Lot Size Square Feet34805.0
Lot Size UnitsSquareFeet
MLS Area1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
Pool FeaturesCommunity, InGround, Association
Property Attached Y/NNo
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Structure TypeMultiFamily
Subdivision NameNaples (NA)
Tax Lot1
Unit Number701
ViewBridges, Canal, Catalina, Coastline, Hills, Marina, Mountains, Neighborhood, Ocean, Panoramic, Water
Virtual TourClick here
Virtual TourClick here
Year Built1962
Year Built SourceAssessor
ZoningLBR4N

Exterior for 5400 E The Toledo 701

Crops Included Y/NNo
Exterior AmenitiesBoatSlip
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.799
Lot Size Area34805.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesUnderground
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $10,000,000
MLS#RS25078331
List Date 04/10/2025
Property Type Condos
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