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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 5,795,000

Est. payment | -/mo

5 Beds

5 Baths

3,049 Sqft Lot

Save

$ 5,795,000

Est. payment | -/mo

Save

5 Beds

5 Baths

3,049 Sqft Lot

Open House

Fri May 22, 11:00am - 2:00pm

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. 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 bedrooms a

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 SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2212 W Oceanfront Newport Beach, CA 92663