700 E Oceanfront, Newport Beach, CA 92661
Local realty services provided by:CENTURY 21 Valley Properties
Listed by: dominic tucci
Office: pacific sotheby's int'l realty949-554-1200
MLS#:OC26025417
Source:CRMLS
Price summary
- Price:$5,990,000
- Price per sq. ft.:$2,593.07
About this home
SIGNIFICANT PRICE IMPROVEMENT!
RARE - TWO Short Term Lodging Permits ON THE BOARDWALK! 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. Seller may consider participating in a loan rate buy-down with an appropriate offer....
Contact an agent
Home facts
- Year built:1973
- Subdivision & Development:Balboa Peninsula (Residential) (BALP)
- Listing ID #:OC26025417
- Added:261 day(s) ago
- Updated:October 29, 2026 at 11:35 AM
Rooms and interior
- Total bathrooms:3
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator
- Living area:2,310 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Radiant
- Central air:Yes
Structure and exterior
- Year built:1973
- Building area:2,310 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Corner Lot, Near Public Transit, Walkstreet
- Construction Materials:Stucco
- Exterior Features:Barbecue
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$5,990,000
- Price per sq. ft.:$2,593.07
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater
- Laundry features:Inside
- Amenities:Balcony, Electric Water heater, Gas Water Heater, Living Room Deck Attached, Open Floor Plan, Quartz Counters, Wet Bar
Parking
- Total parking spaces:4
- Parking description:Garage, Garage Faces Rear, Paved, Tandem
- Garage:Yes
- Garage spaces:4
New listings near 700 E Oceanfront
- Coming Soon
$3,650,000Coming Soon2 beds 2 baths2,001 sq. ft.6 Rue Chateau Royal, Newport Beach, CA 92660
MLS# NP26232495Listed by: ARBOR REAL ESTATE - Coming Soon
$9,798,000Coming Soon4 beds 5 baths4,975 sq. ft.31 Overlook, Newport Coast, CA 92657
MLS# NP26232289Listed by: COMPASS - Coming Soon
$4,988,000Coming Soon3 beds 4 baths3,144 sq. ft.21 La Rochelle, Newport Beach, CA 92660
MLS# OC26230598Listed by: TOGETHER REALTY - Coming SoonOpen Sun, 12 to 3pm
$999,999Coming Soon3 beds 3 baths1,346 sq. ft.31 Seabird Court, Newport Beach, CA 92663
MLS# NP26221973Listed by: REAL BROKERAGE TECHNOLOGIES, INC - Coming Soon
$4,295,000Coming Soon3 beds 4 baths1,907 sq. ft.516 Avocado, Corona Del Mar, CA 92625
MLS# NP26225107Listed by: CHRISTIE'S INTERNATIONAL R.E. SOUTHERN CALIFORNIA - Coming Soon
$11,500,000Coming Soon4 beds 5 baths4,500 sq. ft.1206 Sand Key, Corona Del Mar, CA 92625
MLS# NP26196178Listed by: VALIA PROPERTIES - Coming Soon
$13,998,000Coming Soon4 beds 5 baths3,800 sq. ft.1507 Seacrest Drive, Corona Del Mar, CA 92625
MLS# OC26164770Listed by: LUXE REAL ESTATE - Coming Soon
$24,900,000Coming Soon4 beds 6 baths6,319 sq. ft.306 Morning Canyon, Corona Del Mar, CA 92625
MLS# PW25278819Listed by: NEW CENTURY REALTORS - New
$1,050,000Active2 beds 2 baths1,200 sq. ft.4 Saratoga, Newport Beach, CA 92660
MLS# OC26233182Listed by: COMPASS - Open Thu, 11am to 2pmNew
$5,995,000Active3 beds 4 baths3,155 sq. ft.26 Coral Reef, Newport Coast, CA 92657
MLS# OC26231632Listed by: LUXE REAL ESTATE