$8,000,000
Beds: 5
Baths: 4
Sqft: 2,428
Sqft lot: 2,614
Acre lot: 0.06
96 Days On Market -

Courtesy of Compass.

Status: Active
Property Type: Townhome
Year Built: 1930
Days On Website: 96
Own Your Slice of California Paradise: Exquisite Oceanfront Duplex with Established Rental Income For the discerning investor and coastal enthusiast, presenting 200 E Oceanfront, Newport Beacha rare opportunity to secure a piece of the California coastline with built-in revenue. This premier corner lot duplex offers unparalleled versatility. Spanning 2,428 square feet on a 30 ft wide corner lot, this meticulously designed property features two distinct, beautifully appointed units. The expansive 4-bedroom, 3-bathroom front home boasts breathtaking, unobstructed ocean views, perfect for entertaining and serene relaxation. The charming 1-bedroom, 1-bathroom rear unit offers delightful Pacific Ocean vistas from its living and dining areas, ideal for short-term rentals or as a cozy retreat for guests. This property seamlessly merges investment with lifestyle, boasting two highly coveted short-term lodging permits and a proven rental history. With future bookings already secured, you can enjoy a steady revenue stream from the moment you acquire. Additionally, the property provides the unique advantage of generating income while you develop and approve new building plans for the site should you decide to pursue future expansion. Situated in the vibrant heart of the Balboa Peninsula, this location offers unrivaled access to world-class dining, upscale shopping, exciting entertainment, recreational activities, and, of course, the pristine California coastlineall just steps away. 200 E Oceanfront is more than a residence; it allows access to an exquisite lifestyle and a savvy invest

Features

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 5 bedrooms
  • 5 total bedrooms

Building

  • 2,428 estimated square feet
  • Source: Appraisal
  • Built in 1930
  • 2 stories
  • Brick
  • 2 story

Exterior Features

  • Wood

Fence

  • Wood

Floors

  • Linoleum/Vinyl

Water Features

  • Public

Heating

  • Fireplace
  • Wall/Gravity

Laundry

  • Garage

Listing

  • Source: SDMLS
  • For Sale
  • 54 days on market
  • Listed on 2024-06-12

Location

  • County: Orange

Lot

  • Approximately 2,614 square feet
  • 1-3,999 SF
  • Approximately 0 acres

Miscellaneous

  • Storm Drains
  • Suburban

Garage

  • 2 garage parking spaces
  • Garage

Parking

  • 2 total parking spaces

Property

  • Ocean
  • Water
  • Catalina

Roof

  • Composition

Sewer

  • Public Sewer

Property Map

Map View


$8,000,000 - 200 E Oceanfront, Newport Beach, CA 92661

Street View


Directions


200 E Oceanfront
Newport Beach, CA 92661
County: Orange

Nearby Schools

Local Sales

Kurt Steffien

Franchise Owner/ Broker of Record