Listing Agent: Tyler Brown, Compass
Listing Brokerage: Compass
Selling Brokerage: The Boutique Real Estate Group
Attribution Contact: 949-220-4409
200 E Oceanfront
Newport Beach, CA 92661
$7,200,000
Sold
Overview
Own Your Slice of California Paradise: Exquisite Oceanfront Duplex with Established Rental IncomeFor 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. ...
5 Beds
4 Full Baths
2,428 ft2
2,614 ft2
Details
General
Stories
2
Bedrooms
5
Bathrooms
4 full
Square footage
2,428 sq. ft.
Lot size
2,614 sq. ft.
Pool
No
Year built
1930
Other
Type
Multi-family
Included features
CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
Listing information
MLS #
NP25007974
APN
04808115
Listing Agent
Tyler Brown, Compass
Attribution Contact
949-220-4409
Status
Sold
Location
Neighborhood
Balboa Peninsula (residential) (balp)
County
Orange
200 E Oceanfront, Newport Beach, CA 92661
Dear Buyers!
We write letters to homeowners in neighborhoods that interest you to uncover homeowners who are planning to sell soon. This way you can get ahead of the curve with an early preview. If you'd like us to write letters for you, click the button below to input your preferences so we target the right homes on your behalf.
Get started