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

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

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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.