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$ 5,795,000
Est. payment | /mo
5 Beds
5 Baths
3,049 Sqft Lot
$ 5,795,000
Est. payment | /mo
5 Beds
5 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26101760
Bedrooms 5
Lot Size 3,049 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. With amazing Catalina Island, Ocean, and Pier views, along with Coastal breezes and a highly walkable location, the property provides convenient access to nearby Lido Village, the Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions. This area is positioned among the closest residential neighborhoods to the ocean on the Peninsula. The property also presents potential future upside with zoning allowing for a third level and/or mixed-use configuration, subject to city approval and Buyer verification. Also appealing to investors seeking short-term lodging opportunities, subject to required permits, and currently represents one of the most attractive price-per-square-foot opportunities among oceanfront residential income properties on the Peninsula. Recently remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining. First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms. Second Floor Unit: Open-concept living area with kitchen, balcony, and rear patio, featuring 2 b
Location
State CA
County Orange
Zoning Assessor
Direction W Balboa Blvd to 22nd St turn right, to W Oceanfront turn right, property is on your right side
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 04714327
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Edward Rodriguez, DRE#01217865 Real Broker
Nearby Locations
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