CA > Newport Beach
Newport Beach, CA 92661,200 E Oceanfront
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Newport Beach, CA 92661,200 E Oceanfront
Newport Beach, CA 92661,200 E Oceanfront
Newport Beach, CA 92661,200 E Oceanfront
Newport Beach, CA 92661,200 E Oceanfront
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Jennifer Angel

Jennifer Angel

+1(510) 396-6124
Listed by Tyler Brown • Compass
$ 8,000,000
Est. payment /mo
Save
Active

200 E Oceanfront Newport Beach, CA 92661

5 Beds

4 Baths

2,428 SqFt

UPDATED:

11/22/2024 03:47 AM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $3,294

MLS Listing ID CRNP24122497

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1930

Lot Size 2,614 Sqft

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,

Location

State CA

County Orange

Interior

Heating Wall Furnace, Fireplace(s)

Cooling Ceiling Fan(s), None

Flooring Vinyl

Fireplaces Type Gas, Living Room, Wood Burning

Fireplace Yes

Window Features Double Pane Windows,Screens

Appliance Dishwasher, Electric Range, Microwave, Range, Refrigerator

Laundry In Garage

Exterior

Garage Spaces 2.0

Pool None

View Water, Other, Ocean

Handicap Access None

Private Pool false

Building

Lot Description Corner Lot, Other, Zero Lot Line, Street Light(s), Storm Drain

Story 2

Foundation Raised

Water Public

Architectural Style Bungalow

Schools

School District Newport-Mesa Unified

Bay East AOR and Contra Costa AOR
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Jennifer Angel

+1(510) 396-6124

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200 E Oceanfront