Newport Beach, CA 92661,200 E Oceanfront
Listed by Tyler Brown • Compass
Bought with Mahsa Townsend • The Boutique Real Estate Group
$7,200,000
$7,875,000 8.6%
Est. payment /mo
5 Beds
4 Baths
2,428 SqFt
Sold on 03/28/2025

200 E Oceanfront Newport Beach, CA 92661

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Jose Mendoza
Jose Mendoza

Agent | License ID: 02064885

+1(415) 430-8673

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Key Details

Sold Price $7,200,000

Property Type Single Family Home

Sub Type Duet

Listing Status Sold

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $2,965

MLS Listing ID CRNP25007974

Sold Date 03/28/25

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1930

Lot Size 2,614 Sqft

Property Sub-Type Duet

Source Datashare California Regional

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

Cooling Ceiling Fan(s), None

Flooring Vinyl

Fireplaces Type Living Room

Fireplace Yes

Window Features Double Pane Windows

Appliance Electric Range, Microwave, Range, Refrigerator

Laundry In Garage, Other

Exterior

Garage Spaces 2.0

Pool None

View Panoramic, Water, Other, Ocean

Handicap Access None

Private Pool false

Building

Lot Description Corner Lot, Other, Zero Lot Line, Street Light(s), Storm Drain

Story 2

Foundation Raised

Water Public

Architectural Style Bungalow

Schools

School District Newport-Mesa Unified


Bay East AOR and Contra Costa AOR

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agent

Jose Mendoza

Agent | License ID: 02064885

+1(415) 430-8673

Name
Phone*
Message

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200 E Oceanfront