5400 E The Toledo 701
Long Beach, CA 90803
Listing broker / agent: Coldwell Banker Realty · David Berman · 714-814-8019 · CRMLS
MLS # OC26120962 · Last checked Oct 19, 2026 20:51 UTC
About this property
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, Long Beach/LA Harbors, 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 10,400 square foot rooftop pad, featuring 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 slip that will accommodate up to a 30’ vessel. A larger slip that can accommodate up to 60’ vessel may be available to purchase. 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.
Property details
- MLS number
- OC26120962
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 3 Beds • 5 Baths
- Living area
- 4,100 Sq Ft
- Lot size
- 0.799 acres
- County
- Los Angeles
- Year built
- 1962
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 132
Building
- Year built
- 1962
- Year built source
- Assessor
- Architectural style
- Mid Century Modern
- Stories
- 1
- Building stories
- 7
- Levels
- One
- Entry level
- 1
- Condition
- Turnkey
Bathrooms
- Full bathrooms
- 4
- Half bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 3
- Main-level bathrooms
- 5
- Rooms
- Bedroom, Entry Foyer, Foyer, Living Room, Primary Bathroom, Primary Bedroom, Office
- Interior 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
- Heating
- Central
- Cooling
- Central Air, Dual
- Fireplace
- None
- Laundry
- Inside
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 4
- Parking
- Assigned, Controlled Entrance, Underground
- Attached garage
- Yes
- Pool
- Community, In Ground, Association
- Patio / porch
- Deck, Terrace, Wrap Around
- Exterior features
- Boat Slip, Dock
- Lot size source
- Assessor
- Property outlook
- Bay, Canal, Catalina, City Lights, Coastline, Marina, Mountains, Neighborhood, Ocean, Panoramic, Water
Utilities & community
- Water
- Public
- Sewer
- Public Sewer, Sewer Tap Paid
- Utilities
- Cable Available
- Community features
- Biking, Curbs, Fishing, Street Lights, Sidewalks, Water Sports, Marina, Pool
- Association amenities
- Controlled Access, Dock, Pool, Pet Restrictions, Trash, Cable Tv
Fees & lease terms
- Association
- Yes
- Association fee
- $600.00
- Association fee frequency
- Monthly
Schools reported in the listing
- High school district
- Long Beach Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Naples Elementary Long Beach Unified · Long Beach | K–5 | 0.2 mi |
| Lowell Elementary Long Beach Unified · Long Beach | K–5 | 0.5 mi |
| Rogers Middle Long Beach Unified · Long Beach | 6–8 | 0.7 mi |
| Fremont Elementary Long Beach Unified · Long Beach | K–5 | 1.3 mi |
| Wilson High Long Beach Unified · Long Beach | 9–12 | 1.6 mi |
| Mann Elementary Long Beach Unified · Long Beach | K–5 | 1.6 mi |
| Kettering Elementary Long Beach Unified · Long Beach | K–5 | 1.7 mi |
| Jefferson Leadership Academies Long Beach Unified · Long Beach | 6–8 | 1.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $7,900,000
- MLS-reported original asking price
- $8,000,000
- MLS-reported previous asking price
- $8,000,000
- MLS-reported last price change
- 2026-08-16 01:00 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 06:09 | $7,900,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Long Beach
Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
105 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 22:04 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗