$8,000,000
Beds:
5
Baths:
4
Sqft:
2,428
Sqft lot:
2,613
Acre lot:
0.06
161 Days On Market -
Property listed by Compass, Tyler Brown 949-220-4409
Status:
Active
Property Type:
Duplex
Year Built:
1930
Neighborhood:
Balboa Peninsula (residential) (balp)
Days On Website:
161
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.
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
Property Map
Map View
$8,000,000 - 200 E Oceanfront, Newport Beach, CA 92661
Street View
Directions
200 E Oceanfront
Newport Beach, CA 92661
Country: US
Nearby Schools
Local Sales
Kurt Steffien
coastandvalley@helpusell.com
