There are multiple listings for this address:
$8,000,000
200 E Oceanfront
Newport Beach, CA, 92661
Property 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.
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
Price:
$8,000,000
MLS #:
NP24122462
Status:
Active
Baths:
0
Address:
200 E Oceanfront
Type:
Residential Income
Subtype:
Duplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
City:
Newport Beach
Listed Date:
Jun 12, 2024
State:
CA
ZIP:
92661
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1930
Schools
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
Interior
Accessibility Features
None
Appliances
Built- In Range, Gas & Electric Range, Gas Oven, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater
Cooling
None
Fireplace Features
Living Room
Flooring
Vinyl
Heating
Wall Furnace
Interior Features
Ceiling Fan(s), Quartz Counters, Recessed Lighting, Storage, Track Lighting
Window Features
Blinds, Double Pane Windows
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights, Suburban
Electric
220 Volts in Garage
Exterior Features
Rain Gutters
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre, Corner Lot, Zero Lot Line
Parking Features
Garage Faces Rear
Parking Spots
2.00
Pool Features
None
Roof
Composition
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Catalina, Neighborhood, Ocean, Panoramic, Water
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Need more info?
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 200 E Oceanfront
Newport Beach, CA
$8,000,000
200 E Oceanfront
Newport Beach, CA, 92661
Property 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.
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
Price:
$8,000,000
MLS #:
NP24122497
Status:
Active
Beds:
5
Baths:
4
Address:
200 E Oceanfront
Type:
Single Family
Subtype:
Duplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
City:
Newport Beach
Listed Date:
Jun 12, 2024
State:
CA
Finished Sq Ft:
2,428
ZIP:
92661
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1930
Schools
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
Interior
Accessibility Features
None
Appliances
Built- In Range, Gas & Electric Range, Gas Oven, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater
Cooling
None
Fireplace Features
Living Room
Flooring
Vinyl
Heating
Wall Furnace
Interior Features
Ceiling Fan(s), Quartz Counters, Recessed Lighting, Storage, Track Lighting
Window Features
Blinds, Double Pane Windows
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights, Suburban
Electric
220 Volts in Garage
Exterior Features
Rain Gutters
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre, Corner Lot, Zero Lot Line
Parking Features
Garage Faces Rear
Parking Spots
2.00
Pool Features
None
Roof
Composition
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Catalina, Neighborhood, Ocean, Panoramic, Water
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
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