- 3 beds
- 5 baths
- 4,000 sqft
- ~3/4 acre lot
- $2,500 per sqft
- 1962 build
- – on site
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.
Last checked:
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Last updated Jun 5, 2025
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MLS# RS25078331 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1962
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:1
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Unit Number:701
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Structure Type:Multi Family
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Exterior Features:Boat Slip
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Stories Total:1
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Entry Level:2
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Common Walls:No Common Walls
Interior
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Levels:One
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Entry Location:lobby
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Room Type:All Bedrooms Down, Entry, Formal Entry, Foyer, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Office
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Living Area Units:Square Feet
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Room Dimensions
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Living Area:4000.00
Location
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Directions:Corner of 2nd St and The Toledo
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Latitude:33.75746900
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Longitude:-118.12896400
The Property
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Property Type:Residential
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Subtype:Condominium
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Zoning:LBR4N
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Lot Size Area:34805.0000
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Lot Size Acres:0.7990
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Lot Size SqFt:34805.00
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Lot Size Source:Assessor
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View:1
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View:Bridge(s), Canal, Catalina, Coastline, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Water
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5775.01
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Tax Tract:28697
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Tax Lot:1
Beds
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Total Bedrooms:3
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Main Level Bedrooms:3
Baths
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Total Baths:5
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Full & Three Quarter Baths:4
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Main Level Baths:5
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Full Baths:4
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7244015090
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air, Dual
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Long Beach Unified
The Community
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Subdivision:Naples (NA)
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Subdivision:Naples (NA)
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Units in the Community:62
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Features:Biking, Curbs, Fishing, Watersports, Sidewalks, Street Lights
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Association Amenities:Pool, Dock, Cable TV, Trash, Water, Pet Rules, Pets Permitted, Security, Controlled Access
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Association:Portofino HOA of Long Beach
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Association:Yes
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Association Fee:$2,677
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Association Fee Frequency:Monthly
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Pool:Community, In Ground
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Subterranean
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Parking Spaces:4.00
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Attached Garage:Yes
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Garage Spaces:4.00
Monthly cost estimate

Asking price
$10,000,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$53,546
|
Taxes | N/A |
Insurance | $2,750 |
HOA fees | $2,677 |
Utilities | $213 See report |
Total | $59,186/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/30/25
May 30, 2025
|
Listed / Active | CRMLS_CA | $10,000,000 |