Newport Beach, CA 92661,200 E Oceanfront
Newport Beach, CA 92661,200 E Oceanfront
Newport Beach, CA 92661,200 E Oceanfront
36
$7,200,000
$7,875,000
8.6%
Est.Price: ?

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5 BD
4 BA
2,428 SqFt

200 E Oceanfront Newport Beach, CA 92661

Est. payment /mo
SOLD DATE : 03/28/2025

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Key Details

Sold Price $7,200,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $2,965

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP25007974

Bedrooms 5

Full Baths 4

Year Built 1930

Lot Size 2,613 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Type Living Room

Laundry Common Area, In Garage

Exterior

Exterior Feature Rain Gutters

Parking Features Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Waterfront Description Beach Access,Beach Front,Ocean Front

View Y/N Yes

View Catalina, Neighborhood, Ocean, Panoramic, Water

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre, Corner Lot, Zero Lot Line

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Brown • Compass • 949-220-4409
Bought with Mahsa Townsend • The Boutique Real Estate Group

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agent

Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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