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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
Open House
Sun Sep 20, 1:30pm - 3:30pm
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. Offering stunning Catalina Island, ocean, and pier views, along with coastal breezes and a highly walkable location, this property presents a rare opportunity in one of the Peninsulas most desirable oceanfront settings. Conveniently located near Lido Village, Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions, this location is among the Peninsulas closest residential neighborhoods to the ocean. The property also offers future upside with zoning that may allow for a third level and/or mixed-use configuration, subject to city approval and buyer verification. It may also appeal to investors seeking short-term lodging opportunities, subject to required permits. 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 private rear patio, featuring 2 bedrooms and 3 bathrooms. Each unit includes an attached garage, additional parking, indoo
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, Seller May Carry
Listing Terms Conventional, Seller May Carry
Listed by Edward Rodriguez, DRE#01217865 Real Broker
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