200 E Oceanfront Newport Beach, CA 92661

Multi-Family (2-4 Units) MLS #: NP25007974 Courtesy Of Compass

$7,875,000

5 beds | 4 baths | 2,428 sq ft
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Estimated monthly payments: $34,424/mo.* (recalculate)

Property InformationDescription

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, this location offers unrivaled access to world-class dining, upscale shopping, exciting entertainment, recreational activities, and, of course, the pristine California coastline all just steps away.

200 E Oceanfront is more than a residence; it allows access to an exquisite lifestyle and a savvy investment opportunity. Wake up to the soothing sounds of the ocean, with the confidence that your investment is generating solid returns.

Features

  • Age: Over 50 Years Old
  • Amenities: Double Pane Windows, Dock, Ceiling Fan
  • Appliances: Microwave, Oven - Gas, Range, Refrigerator
  • Architecture Style: Bungalow
  • Cooling System: None
  • Floor Covering: Vinyl
  • Rooms: Living Room
  • View Type: Ocean, Panorama, Water

MAP & DIRECTIONS

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200 E Oceanfront, Newport Beach, CA 92661
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School Information

200 E Oceanfront, Newport Beach, CA 92661

Elementary School
Grades KG-6 | Public School
NEWPORT ELEMENTARY SCHOOL
Newport Beach, CA 92661
1327 W Balboa Blvd
949.­515.6965
Distance: 0.8 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
308
Middle School
Grades 7-8 | Public School
HORACE ENSIGN INTERMEDIATE SCHOOL
Newport Beach, CA 92663
2000 Cliff Dr
949.­515.6910
Distance: 1.3 mi
School Rating
A-
Student:Teacher Ratio
23:1
Total Students
977
High School
Grades 9-12 | Public School
NEWPORT HARBOR HIGH SCHOOL
Newport Beach, CA 92663
600 Irvine Ave
949.­515.6300
Distance: 1.5 mi
School Rating
B+
Student:Teacher Ratio
28:1
Total Students
2266
Other Nearby Schools Distance Type Grades School Rating
Newport Heights Elementary School 1.9 mi Public KG-6 B+
Mariners Elementary School 2.0 mi Public KG-6 B+
Harper 2.0 mi Public KG
Harbor View Elementary School 2.0 mi Public KG-6 A
Our Lady Queen Of Angels School 2.5 mi Private KG-8
Abraham Lincoln Elementary School 2.6 mi Public KG-6 A-
Corona Del Mar Middle And High School 2.6 mi Public 7-12 A
Woodland Elementary School 2.6 mi Public KG-2
Woodland Child Devt Center 2.7 mi Private PK-5
Carden Hall 2.7 mi Private PK-8
International School For Science And Culture 2.8 mi Public KG-8
Harbor Day School 2.8 mi Private KG-8
Heinz Kaiser Elementary School 2.9 mi Public 3-6 A-
Eastbluff Elementary School 3.0 mi Public KG-6 A-
Roy O. Andersen Elementary School 3.1 mi Public KG-6 A-
Newport Christian School 3.3 mi Private KG-12
Whittier Elementary School 3.3 mi Public KG-6 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newport Beach, CA 92661

Median Age: 56.4
Married: 53%
Number of Households: 1,693
Households with Children: 12.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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