About 200 E Oceanfront
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
Features of 200 E Oceanfront
MLS® # | NP25007974 |
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Price | $7,875,000 |
Bedrooms | 5 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 2,428 |
Acres | 0.06 |
Year Built | 1930 |
Type | Residential |
Sub-Type | Townhome |
Style | Craftsman/Bungalow |
Status | Closed |
Community Information
Address | 200 E Oceanfront |
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City | Newport Beach |
County | Orange |
State | CA |
Zip Code | 92661 |
Amenities
Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
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Parking Spaces | 2 |
# of Garages | 2 |
View | Ocean,Panoramic,Water,Catalina,Neighborhood |
Is Waterfront | No |
Has Pool | No |
Pool | N/K |
Interior
Interior Features | Recessed Lighting,Track Lighting |
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Appliances | Microwave,Refrigerator,Gas & Electric Range,Gas Oven,Vented Exhaust Fan |
Heating | Wall/Gravity |
Cooling | N/K |
Fireplace | Yes |
Fireplaces | FP in Living Room |
# of Stories | 2 |
Stories | 2 Story |
Exterior
Lot Description | Corner Lot,Sidewalks |
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Roof | Composition |
Additional Information
Date Listed | January 10th, 2025 |
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Days on Market | 58 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Compass |
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