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.
Property Type
ResidentialSubdivision
FallbrookCounty
OrangeStyle
BungalowAD ID
46092951
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 5
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Interior Features: Breakfast Area,Ceiling Fan(s),Separate/Formal Dining Room,Open Floorplan,Quartz Counters,Recessed Lighting,Bedroom on Main Level
- Windows: Blinds,Double Pane Windows,Screens
- Property Appliances: Built-In Range,Dishwasher,Electric Range,Gas Range,Microwave,Refrigerator,Range Hood,Water Heater
- Fireplace: Gas,Living Room,Wood Burning
- Flooring: Vinyl
Cooling Features
- None
- Air Conditioning
Heating Source
- Fireplace(s),Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: Gas,Living Room,Wood Burning
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1930
- Construction: Wood Siding
- Roof: Composition
Foundation
- Raised
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- None
Pool Features
- None
Laundry Features
- In Garage
Patio And Porch
- Brick,Front Porch
Fencing
- Brick,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.06
- Lot Size Source: Assessor
- Lot Size Square Feet: 2614
-
Listing Information
Listing Price Information
- Original List Price: 8,000,000
- Listing Contract Date: 2024-06-12
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 04808115
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,Garage Faces Rear
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NP - Balboa Peninsula
- Postal Code Plus 4: 1136
- Directions: Balboa blvd to Medina
- Source Property Type: Residential
- Area: NP - Balboa Peninsula
- Property SubType: Duplex
Building and Construction
- Property Age: 94
- Common Walls: 1 Common Wall
- Property Condition: Turnkey
- Structure Type: Duplex
- Year Built Source: Assessor
- Total Square Feet Living: 2428
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Duplex
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BuyOwner last updated this listing 12/27/2024 @ 16:54
- MLS: NP24122497
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 2,428 sqft, 2,614 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Newport Beach , in zip code 92661, this Orange County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.