$ 6,690,000
-
$6,690,000
Price -
4
Bed -
3
Bath -
2,310
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing OC07358 - STUCCDOM
Fabulous remodeled oceanfront getaway, turnkey vacation rental business or BOTH? The choice is yours at 700 E Oceanfront The property presents a fantastic opportunity to own an updated duplex in the heart of the Balboa Peninsula. LOCATION LOCATION LOCATION, this property is near all of the attractions that you and/or your vacation rental guests desire. Steps away from the sand and ocean, the property is located on the boardwalk and walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. The corner location affords unparalleled sunlight and those cooling ocean breezes. The lower 1 bed/1 bath unit is newly remodeled and has its own indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with quartz composite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is well-designed and newly remodeled throughout, including kitchen (w/ island and wine fridge) and entertaining space, as well as 3 generous bedrooms (the Primary has its own kitchenette) and 2 bathrooms. The living/great room features breathtaking views of the ocean and Balboa Pier. The duplex has been professionally managed and meticulously maintained. Notable features include: Air conditioning (new in 2023), new roof, double-paned windows and functional and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. This oceanfront duplex offers a proven track record and excellent reviews from former guests. Incredible income potential with 2 Short Term Lodging permits in place. Act quickly! With only 1550 Short Term Lodging permits available in the entire city, having a property with TWO on Oceanfront is truly a rare opportunity.
Listing Highlights for 700 E Oceanfront
Status
Active
Days on Site
126
Property Type
Residential
MLS ®
OC25098087
Year Built
1973
Total Square Footage
2,310
Lot/Acreage
0.06
County
Orange
Neighborhood
Balboa Peninsula (Residential) (BALP)
School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Ensign
High School
Newport Harbor
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
- Air Cond: Central Air,See Remarks
- Heating: Central,Radiant
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Living Room Balcony,Living Room Deck Attached,Open Floorplan,Quartz Counters,Wet Bar
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Near Public Transit,Walkstreet,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: RSC-R
- Roof:
- Others: Barbecue Private,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Paved,Garage,Garage Faces Rear,Tandem Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 04813512
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
700 E Oceanfront Newport Beach, CA 92661
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
