200 E Oceanfront
Newport Beach, CA 92661
- 5 beds
- – baths
- 2,428 sqft
- 2,614 sqft lot
- $3,294 per sqft
- 1930 build
- – on site
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,
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Last updated Nov 22, 2024
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MLS# CRNP24122462 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1930
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Security Features:Smoke Detector(s)
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Other Equipment:Other
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Building Area Total:2428
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Building Area Units:Square Feet
Interior
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Flooring:Vinyl
Room Dimensions
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Living Area:2428
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Living Area Units:Square Feet
Location
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Directions:Balboa Blvd to Medina
The Property
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View:Panoramic
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Lot Features:Corner Lot
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Lot Size Area:0.06
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Lot Size Acres:0.06
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Lot Size SqFt:2614
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Lot Size Units:Acres
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Exterior Features:Other
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Parcel Number:04808115
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:628.00
Beds
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Bedrooms Total:5
The Listing
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Listing TermsCash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Laundry Features:Common Area
The Community
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Garage Faces Rear
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/28/24
Jun 28, 2024
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Listed / Active | BRIDGE | $8,000,000 | 107.8% (19.5% / YR) |
|
12/14/18
Dec 14, 2018
|
CRMLS_CA | $3,850,000 | -3.6% | |
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12/7/18
Dec 7, 2018
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CRMLS_CA | $3,995,000 |
