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$8,000,000
5 Beds
4 Baths
2,428 SqFt
0.06 Acre Lot
2,613 Sqft Lot
Status Active
Property Type Duplex
Price Type
Year Built 1930
Neighborhood Balboa Peninsula (residential) (balp)
Days on Website 161

Property Map

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

Street View

Property listed by Compass, Tyler Brown {attribution_contact}

Description

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 Beach—a 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 coastline—all just steps away. 200 E Oceanfront is more than a residence; it allows access to an exquisite lifestyle and a savvy investment opportunity. Wake up to the soothing sounds of the ocean, with the confidence that your investment is generating solid returns.

Property Details and Features

Property Access

  • Road frontage type: Alley,CityStreet
  • Road surface type: Paved

Appliances & Equipment

  • BuiltInRange
  • Dishwasher
  • ElectricRange
  • GasRange
  • Microwave
  • Refrigerator
  • RangeHood
  • WaterHeater

Bathrooms

  • 1 main level bathroom
  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 1 main level bedroom
  • 5 total bedrooms

Building

  • Built in 1930
  • Levels: Two
  • Living area: 2428
  • 2 stories
  • Architectural style: Bungalow,Attached
  • Common walls: OneCommonWall
  • Construction materials: WoodSiding

Community

  • StormDrains
  • StreetLights
  • Suburban
  • Sidewalks

Cooling

  • None

Accessibility Features

  • Accessibility features: None

Fence

  • Brick
  • Wood

Fireplaces

  • Gas
  • LivingRoom
  • WoodBurning

Floors

  • Vinyl

Garage

  • 2 spaces

Heating

  • Fireplaces
  • WallFurnace

Interior Features

  • BreakfastArea
  • CeilingFans
  • SeparateFormalDiningRoom
  • OpenFloorplan
  • QuartzCounters
  • RecessedLighting
  • BedroomOnMainLevel

Laundry

  • InGarage

Listing

  • ListingID: NP24122497
  • Standard status: Active
  • 150 days on market

Location

  • Country: US
  • Subdivision name: Balboa Peninsula (Residential) (BALP)

Lot

  • 0.06 acres
  • 2,614 square feet
  • Size: 2,614
  • ZeroToOneUnitAcre
  • CornerLot
  • ZeroLotLine

Parking

  • 2 totals parking
  • Garage
  • GarageFacesRear

Pool

  • None

Possession

  • Negotiable

Property

  • Brick
  • FrontPorch
  • Catalina
  • Ocean
  • Water
  • BeachAccess
  • BeachFront
  • OceanFront

Roof

  • Composition

Schools

  • Elementary school: Newport
  • Middle or junior school: Ensign
  • High school: Newport Harbor

Security Features

  • CarbonMonoxideDetectors
  • SmokeDetectors

Sewer

  • PublicSewer

Spa

  • None

Utilities

  • Volts220InGarage
  • CableConnected
  • ElectricityConnected
  • NaturalGasConnected
  • PhoneConnected
  • SewerConnected
  • WaterConnected

Windows

  • Blinds
  • DoublePaneWindows
  • Screens

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