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.