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For Sale

200 E Oceanfront

200 E Oceanfront, Newport Beach, CA 92661

$8,000,000
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.

11/21/2024 12:00PM - 2:00PM PST

2,428 Sq.Ft. LIVING AREA

2,614 Sq.Ft. lot

Tyler Brown

Tyler Brown

Features & Amenities

Interior

  • Laundry room Common Area, In Garage
  • Flooring Vinyl
  • Fireplace Living Room
  • APPLIANCES Built-In Range, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater
  • other interior Features Ceiling Fan(s), Quartz Counters, Recessed Lighting, Storage, Track Lighting

Area & Lot

  • Status For Sale
  • OPEN HOUSE

    11/21/2024 12:00PM - 2:00PM PST

  • Living Area2,428 Sq.Ft.
  • Lot Area2,614 Sq.Ft.
  • MLS® IDNP24122462
  • TypeMulti-Family
  • YEAR BUILT1930
  • NeighborhoodBalboa Peninsula
  • Architecture StylesBungalow
  • Water FrontageBeach Access, Beach Front, Ocean Front
  • View DescriptionCatalina, Neighborhood, Ocean, Panoramic, Water

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofComposition
  • lot features0-1 Unit/Acre, Corner Lot, Zero Lot Line
  • parkingGarage Faces Rear
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureRaised
  • Disability FeaturesNone
  • security FeaturesSmoke Detector(s)
  • other exterior FeaturesRain Gutters

Financial

  • Sales Price$8,000,000
  • Maintenance Fee $4,000/mo
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 200 E Oceanfront, Newport Beach, CA 92661. We are reviewing your request and will be in touch shortly!

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Balboa Peninsula

33.6078° N, 117.9241° W

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