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

$7,200,000

Est. payment /mo

$7,875,000

8.6%
Est.Price: ?

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200 E Oceanfront Newport Beach, CA 92661

5 Beds

4 Baths

2,428 SqFt

SOLD DATE : 03/28/2025

Key Details

Sold Price $7,200,000

Property Type Townhouse

Sub Type Townhome

Listing Status Sold

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $2,965

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID NP25007974

Style Craftsman/Bungalow

Bedrooms 5

Full Baths 4

Year Built 1930

Property Sub-Type Townhome

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 Beacha 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 coastlineall just steps away. 200 E Oceanfront is more than a residence; it allows access to an exquisite lifestyle and a savvy invest

Location

State CA

County Orange

Interior

Heating Wall/Gravity

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room

Exterior

Garage Spaces 2.0

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

View Y/N Yes

View Ocean, Panoramic, Water, Catalina, Neighborhood

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Tyler Brown Compass
Bought with Mahsa Townsend The Boutique Real Estate Group
Candi DeMoura

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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