USACANewport BeachBalboa Peninsula (Residential) (Balp)700 E Oceanfront

Virtual Tour

$6,490,000

For Sale

3 months ago

700 E Oceanfront, Newport Beach, CA

House

MLS® OC26030071

4 Bed

3 Bath

2310 sqft

4 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Duplex

Levels Residential

Size 2310 sqft

Garage Yes

Taxes

Days Active 74

Lot Size

Approx. Age 1973

Avg. Price Per Sqft $2,809

MLS® Number OC26030071

Property Address: 700 E Oceanfront, Newport Beach, CA, 92661

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberOC26030071

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1973

Basement

DrivewayGarage, Paved, Garage Faces Rear, Tandem

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 10, 2026List Date

$6,490,000List Price

Home Appraisal

This property is estimated to sell between: $5,936,000 and $6,767,000.

Similar properties in this area sold on average for: $5,936,666

Expected to sell very soon! Similar properties sold in 48 days. This home has been on eXp Realty for 74 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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