200 E Oceanfront Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $3,294
MLS Listing ID CRNP24122497
Style Bungalow
Bedrooms 5
Full Baths 4
Originating Board California Regional MLS
Year Built 1930
Lot Size 2,614 Sqft
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
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Dining Room Formal Dining Room,Breakfast Nook
Kitchen Dishwasher,Hood Over Range,Microwave,Oven Range - Gas,Oven Range - Built-In,Refrigerator
Interior
Heating Wall Furnace ,Fireplace
Cooling None
Fireplaces Type Gas Burning,Living Room,Wood Burning
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 2.0
Fence Wood,3
Pool 31,None
Utilities Available Other
View Ocean,Other,Water
Roof Type Composition
Building
Lot Description Zero Lot Line
Foundation Raised
Water Hot Water,District - Public
Architectural Style Bungalow
Others
Tax ID 04808115
Special Listing Condition Not Applicable