Property Details
About this Property
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
MLS Listing Information
MLS #
CRNP24122497
MLS Source
California Regional MLS
Days on Site
165
Interior Features
Bedrooms
Ground Floor Bedroom
Appliances
Dishwasher, Hood Over Range, Microwave, Oven Range - Built-In, Oven Range - Gas, Refrigerator
Dining Room
Breakfast Nook, Formal Dining Room
Fireplace
Gas Burning, Living Room, Wood Burning
Laundry
In Garage
Cooling
Ceiling Fan, None
Heating
Fireplace, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Raised
Pool
None
Style
Bungalow
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 2 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
200 E Oceanfront is a Duplex in Newport Beach, CA 92661. This 2,428 square foot property sits on a 2,614 Sq Ft Lot and features 5 bedrooms & 4 full bathrooms. It is currently priced at $8,000,000 and was built in 1930. This address can also be written as 200 E Oceanfront, Newport Beach, CA 92661.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 22, 2024. For the most current information, please contact Tyler Brown
