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Matt Fogal

matt@fogalrealestate.com +1(949) 375-2305

$ 10,000,000

Est. payment | -/mo

3 Beds

5 Baths

4,000 SqFt

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$ 10,000,000

Est. payment | -/mo

Save Virtual Tour Video Tour

3 Beds

5 Baths

4,000 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $2,500

Subdivision Naples (Na)

MLS Listing ID RS25078331

Bedrooms 3

Full Baths 4

Half Baths 1

Condo Fees $2,677

HOA Fees $2,677/mo

HOA Y/N Yes

Year Built 1962

Lot Size 0.799 Acres

Property Sub-Type Condominium

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 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.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBR4N

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Primary Suite

Heating Central

Cooling Central Air, Dual

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Exterior Feature Boat Slip

Parking Features Underground

Garage Spaces 4.0

Garage Description 4.0

Pool Community, In Ground, Association

Community Features Biking, Curbs, Fishing, Street Lights, Sidewalks, Water Sports, Pool

Amenities Available Controlled Access, Dock, Pool, Pet Restrictions, Pets Allowed, Security, Trash, Cable TV, Water

View Y/N Yes

View Bridge(s), Canal, Catalina, Coastline, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Water

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Dwelling Type Multi Family

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Long Beach Unified

Others

HOA Name Portofino HOA of Long Beach

Senior Community No

Tax ID 7244015090

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

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Listed by Spencer Snyder • The Agency • 562-355-0334

5400 E The Toledo #701 Long Beach, CA 90803

Matt Fogal

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5400 E The Toledo #701