200 E Oceanfront Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $3,294
MLS Listing ID CRNP24122497
Bedrooms 5
Full Baths 4
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 Peninsula,
Location
State CA
County Orange
Interior
Heating Wall Furnace,Fireplace(s)
Cooling Ceiling Fan(s),None
Flooring Vinyl
Fireplaces Type Gas,Living Room,Wood Burning
Laundry In Garage
Exterior
Garage Spaces 2.0
Pool None
View Water,Other,Ocean
Building
Lot Description Corner Lot,Other,Zero Lot Line,Street Light(s),Storm Drain
Story 2
Foundation Raised
Water Public
Schools
School District Newport-Mesa Unified