CA > Newport Beach
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
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The Walker Team

The Walker Team

+1(650) 383-7298
$ 8,000,000
Est. payment /mo
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200 E Oceanfront Newport Beach, CA 92661

2,614 Sqft Lot

UPDATED:

11/22/2024 07:05 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNP24122462

Style Bungalow

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

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

Architectural Style Bungalow

Others

Tax ID 04808115

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
© 2024 MLSListings Inc. All rights reserved.
Listed by Tyler Brown • Compass

The Walker Team

Agent | License ID: 01244287

+1(650) 383-7298

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