Skip main navigation
For sale
  • Listed by: Coldwell Banker Realty • David Berman • Contact: 714-814-8019
    $8,000,000

    5400 E The Toledo Unit 701, Long Beach, CA 90803

    3beds
    4,100sqft
    : 
    $54,334/mo
    Get pre-qualified
    Condominium
    Built in 1962
    -- sqft lot
    $7,625,100 Zestimate®
    $1,951/sqft
    $600/mo HOA

    What's special

    Welcome to The Portofino penthouse at 5400 The Toledo,701. This spectacular Mid Century contemporary icon stands high, overlooking the gateway to the exclusive community of Naples and Naples Island. Featuring approximately 4100 square feet of luxury living, this spectacular residence can be the primary residence that you’ve always dreamed of, or the secondary residence that you may never want to leave. From the seventh floor, you and your guests will be dazzled by nearly 300 degree views of the Pacific Ocean, Alamitos Bay, the glittering shops, boutiques, city lights, Marinas to the Mountains, downtown Long Beach, the Palos Verde Peninsula, and on and on, in every direction. The residence, itself has a secure lobby entrance, with exclusive elevator rights, to your 7th. floor penthouse, then directly to the 30’ long, covered breezeway, that leads to your private entry. When entering, you’ll see why this special property has had a history of being the residence of special personalities in the motion picture and music industry. The openness and volume is something to behold. The sheer amount of openness allows you to configure it the way you want to use it, informal or formal. The gourmet kitchen will suffice to the needs of the family, or catering and preparing for spectacular events. Not to mention approximately 3000 square feet of surrounding view decks and verandas. Either one of the two primary bedrooms can be used a master. Just take your pick of the view that you like the best. The room that is now being used as an office, with an attached full bath, can also be used as a guest room or servant’s quarters. Also included, is an assigned, private boat dock that will accommodate up to a 30’ vessel. A larger dock that can accommodate up to 60’ vessel may be available. Getting out to open ocean is no problem. Four assigned parking spaces in the gated subterranean parking garage and charging station, are also included with the residence, as is a private community pool. There is just so much to see and do, without leaving the area. The stores, restaurants, banks and boutiques, and fun things to do, are just a short stroll down 2nd street. Lots of places to live it up. The Long Beach Airport and freeways are just a few miles away. Whether a primary residence or a second home, 5400 The Toledo 701, is the prestigious address that you will always want to call home.
    63 days
    |
    704
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Berman DRE #00297815 714-814-8019,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC26120962MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 5
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Entry/Foyer, Foyer, Living Room, Primary Bathroom, Primary Bedroom, Office
      Primary bedroom
      • Features: Primary Suite
      Primary bedroom
      • Features: Main Level Primary
      Primary bedroom
      • Features: Multiple Primary Suites
      Bedroom
      • Features: Bedroom on Main Level
      Kitchen
      • Features: Granite Counters, Remodeled, Updated Kitchen
      Heating
      • Central
      Cooling
      • Central Air, Dual
      Appliances
      • Laundry: Inside
      Features
      • Built-in Features, Elevator, Granite Counters, Intercom, Living Room Deck Attached, Open Floorplan, Phone System, All Bedrooms Down, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Multiple Primary Suites, Primary Suite
      • Flooring: Carpet, Tile
      • Doors: Double Door Entry, Sliding Doors
      • Windows: Plantation Shutters
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 4,100 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned, Controlled Entrance, Underground
      • Attached garage spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Elevator in Lobby entrance
      • Patio & porch: Deck, Terrace, Wrap Around
      • Exterior features: Boat Slip, Dock
      • Pool features: Community, In Ground, Association
      • Has view: Yes
      • View description: Bay, Canal, Catalina, City Lights, Coastline, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Water
      • Has water view: Yes
      • Water view: Bay,Canal,Coastline,Marina,Ocean,Water
      • Waterfront features: Bayfront, Dock Access, Navigable Water
      Lot
      • Size: 0.8 Acres
      Details
      • Parcel number: 7244015090
      • Special conditions: Standard
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Mid-Century Modern
      • Property subtype: Condominium
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: Public Sewer, Sewer Tap Paid
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Biking, Curbs, Fishing, Street Lights, Sidewalks, Water Sports, Marina, Pool
      • Subdivision: Naples (Na)
      HOA
      • Has HOA: Yes
      • Amenities included: Controlled Access, Dock, Pool, Pet Restrictions, Trash, Cable TV
      • HOA fee: $600 monthly
      • HOA name: Portofino HOA of LB
      • HOA phone: 714-557-5900
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $1,951/sqft
      • Tax assessed value: $1,469,159
      • Annual tax amount: $18,945
      • Date on market: 6/6/2026
      • Cumulative days on market: 64 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $7,625,100

        $7.24M - $8.01M

        $7,599/mo

        Price history

        DateEventPrice
        6/6/2026Listed for sale$8,000,000+0%$1,951/sqft
        Source: CRMLS #OC26120962 Report a problem
        4/21/2026Listing removed$7,999,000-11.1%$1,951/sqft
        Source: SDMLS #RS25078331 Report a problem
        6/23/2025Listed for sale$8,999,000+823%$2,195/sqft
        Source: SDMLS #RS25078331 Report a problem
        12/20/2000Sold$975,000$238/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,945 +4.5%$1,469,159 +2%
        2024$18,128 +1.7%$1,440,353 +2%
        2023$17,829 +6.8%$1,412,112 +2%
        2022$16,699 +1.9%$1,384,425 +2%
        2021$16,384 +0.3%$1,357,280 +1%
        2020$16,340 $1,343,363 +2%
        2019$16,340 +3.5%$1,317,023 +2%
        2018$15,786 $1,291,200 +2%
        2017$15,786 +1.1%$1,265,883 +2%
        2016$15,619 +7.6%$1,241,062 +1.5%
        2015$14,512 +5.2%$1,222,421 +2%
        2014$13,797 $1,198,477 +2.5%
        2012-- $1,169,669 +2%
        2011-- $1,146,735 +0.8%
        2010-- $1,138,166 -0.2%
        2009-- $1,140,871 +2%
        2008-- $1,118,502 +2%
        2007-- $1,096,572 +2%
        2006-- $1,075,071
        2005-- $1,075,071 +4%
        2004-- $1,033,327 +1.9%
        2003-- $1,014,389 +2%
        2002-- $994,500 +257.7%
        2000-- $278,005
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Belmont Shore

        Getting around

        95 / 100
        Walker's Paradise
        33 / 100
        Some Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help