200 E Oceanfront

Newport Beach, CA 92661

  • 5 Bed(s)
  • 4 Bath(s)
  • 2,428 Sqft
  • 2614
    Sqft(Lot)
$8,000,000

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

    Residential

  • Subdivision

    Fallbrook

  • County

    Orange

  • Style

    Bungalow

  • AD ID

    46092951

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Property Details

  • 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

  • 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

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.06
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2614

  • Listing Price Information

    • Original List Price: 8,000,000
    • Listing Contract Date: 2024-06-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 04808115

  • Garage and Parking

    • Garage Description: Garage,Garage Faces Rear
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • 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 11/23/2024 @ 08:20

  • 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.