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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$7,875,000

Est. payment - /mo

5 Beds

4 Baths

2,428 SqFt

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Wed Jan 22, 12:00pm - 4:00pm

UPDATED:

01/21/2025 10:23 PM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $3,243

MLS Listing ID NP25007974

Style Townhome

Bedrooms 5

Full Baths 4

Construction Status Turnkey

HOA Y/N No

Year Built 1930

Lot Size 2,614 Sqft

Acres 0.06

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 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
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 investment opportunity. Wake up to the soothing sounds of the ocean, with the confidence that your investment is generating solid returns.

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Interior

Interior Features Recessed Lighting, Track Lighting

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room

Equipment Microwave, Refrigerator, Gas & Electric Range, Gas Oven, Vented Exhaust Fan

Appliance Microwave, Refrigerator, Gas & Electric Range, Gas Oven, Vented Exhaust Fan

Laundry Garage

Exterior

Garage Spaces 2.0

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Ocean, Panoramic, Water, Catalina, Neighborhood

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Corner Lot, Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Architectural Style Craftsman/Bungalow

Level or Stories 2 Story

Construction Status Turnkey

Others

Monthly Total Fees $44

Miscellaneous Storm Drains,Suburban

Acceptable Financing Cash, Exchange, Cash To New Loan

Listing Terms Cash, Exchange, Cash To New Loan

Special Listing Condition Standard

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Listed by Tyler Brown • Compass

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

200 E Oceanfront Newport Beach, CA 92661

Anthony Napoli

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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