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The Real Deal Los Angeles

Century21 Allstars founder’s vacation home is the priciest listing in Long Beach

CEO Joseph Villaescusa lists estate for $7.2M
By Subrina Hudson | April 06, 2017 03:30PM

Joseph Villaescusa, 60th Place home (MLS/Century 21 Allstars)

Longtime real estate executive Joseph Villaescusa is ready to part with his beachside vacation home in Long Beach.

The founder of a Pico Rivera-based Century 21 franchise listed his 6,900-square-foot home on Peninsula Beach, a narrow peninsula with beaches on both sides, for $7.2 million, or $1,036 a square foot, The Real Deal has learned. The Century 21 Allstars CEO’s listing is the priciest in Long Beach. 

Villaescusa filly redesigned the six-bedroom, eight-bathroom home, which features a billiard room, two separate dens and a separate dining room with a breakfast area overlooking Downtown Long Beach and Catalina Island. The three-story home is also equipped with an elevator and parking for up to six vehicles in the garage.

Listing agent Irene Lopez of Century 21 Allstars said the Peninsula area is known for having custom-designed homes just steps from the beach.

Because the property was a vacation home, no expense was spared during its renovation, she said.

Villaescusa, who grew up in nearby Lakewood, founded Century 21 Allstars in 1988 with a single agent. The firm now has more than 230 agents.