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700 E Oceanfront

Newport Beach, CA 92661

– beds
– baths
– sqft
2,614 sqft lot
1973 build
– on site

More homes

700 E Oceanfront presents a fantastic opportunity to own a duplex in the heart of the Balboa Peninsula. All about the location, this property is near all the desirable attractions the area has to offer. Steps away from the sand and ocean, 700 E Oceanfront is sited along the boardwalk and the Peninsula’s famous bike path. Walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. Featuring two units, this property offers incredible income potential. The lower unit features a bedroom and a bathroom, along with indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with granite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is smartly divided into two separate sections and encompasses a total of three bedrooms and two bathrooms. The front portion features two of the bedrooms as well as a full bath. Smartly upgraded kitchen and a living area offer ample entertaining space. The large front bedroom features a fireplace and breathtaking views of the ocean and Balboa Pier. The back section of the upstairs features bedroom, a bath and a kitchenette as well as living and dining areas. 700 E Oceanfront is a meticulously maintained property, with air conditioning, double-paned windows and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. Incredible income potential with short term rental permits in place.

Listed By CRMLS_CA / Timothy Carr / Villa Real Estate

Last checked: Checking… • Last updated Dec 9, 2024 •

MLS# NP22145462 —

The Building

Year Built:

1973
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

2310.00
Building Area Units:

Square Feet
Total Number Of Units:

2
# of Buildings:

1
Stories Total:

2
Number With Patio:

2
Accessibility Features:

None
Common Walls:

No Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Levels:

Two
Window Features:

Double Pane Windows
Flooring:

Carpet, Vinyl
Fireplace:

Yes
Fireplace:

Master Bedroom
Laundry:

Dryer Included, Inside, Washer Included
Laundry:

1

Location

Directions:

From W Balboa Blvd, turn right right on Adams and turn left at the 1st cross street onto E Oceanfront. Property is on the right.
Latitude:

33.60174700
Longitude:

-117.90037700

The Property

Property Type:

Residential Income
Subtype:

Duplex
Property Condition:

Updated/Remodeled
Zoning:

RSC-R
Lot Features:

Corner Lot
Lot Size Area:

2614.0000
Lot Size Acres:

0.0600
Lot Size SqFt:

2614.00
Lot Size Source:

Public Records
View:

1
View:

Ocean, White Water
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

10
Tax Census Tract:

628.00
Tax Tract:

104
Tax Lot:

9

The Listing

Special Listing Conditions:

Standard
Parcel Number:

04813512

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Range
Included:

Yes

The Community

Subdivision:

Balboa Peninsula (Residential) (BALP)
Subdivision:

Balboa Peninsula (Residential) (BALP)
Features:

Biking, Park, Sidewalks, Street Lights
Association:

No
Pool:

None
Waterfront Features:

Beach Access
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Sewer Assessments, Buyer to Verify

Parking

Parking:

Yes
Parking:

Garage, Garage Faces Rear, Garage Door Opener
Parking Spaces:

5.00
Garage Spaces:

4.00
Uncovered Spaces:

1.00

Extra Units

Number With Carpet:

2
Number With Drapes:

2
Number With Dishwasher:

2
Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/17/22 Nov 17, 2022	Sold	CRMLS_CA	$5,000,000	-5.7%
10/12/22 Oct 12, 2022	Sold Subject To Contingencies	CRMLS_CA	$5,300,000
7/5/22 Jul 5, 2022	Listed / Active	CRMLS_CA	$5,300,000

Multifamily Sold on 11/17/2022

$5,000,000

Listing provided by broker:

Timothy Carr

Villa Real Estate

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Listing Courtesy of: CRMLS_CA and Villa Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Apr 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

700 E Oceanfront

Newport Beach, CA 92661