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Offered For Sale

200 E Oceanfront

#NP24122462

MLF

Built in 1930

$8,000,000

About the property

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.

Features

General

  • Accessibility None
  • Half Bathrooms 0
  • Real Estate Sub Type Duplex
  • Real Estate Type MLF
  • Square Feet 2,428
  • Stories 2
  • Year Built 1,930
  • Agent Name Tyler Brown
  • Broker Id NP60725
  • Office Name Compass
  • Days On Market 21
  • Status Active
  • Agent Cell 949-220-4409

Building

  • Cooling None
  • Exterior Features Rain Gutters
  • Flooring Vinyl
  • Foundation Raised
  • Heating Wall Furnace
  • Interior Features Ceiling Fan(s)
    Quartz Counters
    Recessed Lighting
    Storage
    Track Lighting
  • Roof Composition
  • Style Bungalow

Location

  • Subdivision Balboa Peninsula (Residential) (BALP)
  • View Catalina
    Neighborhood
    Ocean
    Panoramic
    Water

Location

Questions

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