PRICE IMPROVEMENT! Over $8200 Tax Savings!! This Historic Exquisite & Stunning Penthouse-level 2 bed, 2 bath property offers nearly 12-foot ceilings and Sweeping Ocean Views. Once two units, now combined. Currently used as a One Bedroom and Den has been upgraded with Brazilian Mahogany wood floors and well-appointed lighting and ambiance, newer upscale cabinets, stainless steel appliances and granite counters. The stunning top of the world ocean views can be seen from every room. The primary bedroom can be separated to create an efficiency unit and has been used in the past as its own suite and can be leased. This space features a Murphy bed, built-in breakfast bar, kitchen, walk-in closet, and charming deco sink. The iconic Villa Riviera is recognized for its Neo-Gothic design, green copper roof surrounded by Gargoyles, and has received numerous preservation awards. HOA fees cover ALL utilities: Gas, Electric, Hot Water, Water, Heat, cable TV, and internet. The Mills Act benefits from low property taxes (currently assigned at approx. $3700/year- nearly $8200 per year savings- transferred to the new owner the day you close escrow.). Enjoy proximity to East Village, Shoreline Village, Downtown, and a 7-mile bike path. Please ask about the Mills Act Savings, The Parking arrangements through the HOA or other details about this amazing property.
Rooms
Amenities
2 Bedrooms
2 Full Baths
Bedrooms: All Bedrooms Down, Den, Living Room, Master Bedroom, Master Suite, See Remarks
View: Catalina, Ocean, Panoramic, Water
Parking: Assigned, Auto Driveway Gate, Community Garage
The information above, though secured from sources believed to be reliable, cannot be guaranteed. The buyer should independently verify this information to his/her satisfaction. Coldwell Banker Best Realty may or may not be the listing broker of this property. In either case, where allowed by law, Coldwell Banker Best Realty can represent you in the purchase of this property.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/16/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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