855.375.4001
Listed by 949-220-4409 - Tyler Brown - Compass
$8,000,000 affordable loan icon Calculate Payment

200 Oceanfront Newport Beach, CA 92661

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Duplex Residence
Beds
Baths
... Bed/Bath
2,428 Sq. Ft.

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Last updated on 12/4/2024 6:39 PM
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 cor...ner 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. Continue reading
MLS#
NP24122462
Property Type
Duplex
Year Built
1930
Square Feet
2,428 sq. ft
Lot Size
0.06
Stories
2.0
Sewer
Sewer Connected, Public Sewer

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Listed by 949-220-4409 - Tyler Brown - Compass
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/4/2024 6:39 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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