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
MLS Listing ID CRNP24122462
Style Bungalow
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
Kitchen Hood Over Range,Microwave,Exhaust Fan,Oven Range - Gas,Oven Range - Built-In,Refrigerator,Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry In Garage,Laundry Area,Washer/Dryer - Owned
Exterior
Garage Garage
Garage Spaces 2.0
Pool 31,None
View Local/Neighborhood,Ocean,Other,Panoramic,Water
Roof Type Composition
Building
Lot Description Zero Lot Line
Foundation Raised
Water Hot Water,District - Public
Others
Special Listing Condition Not Applicable