Active

1504 W Oceanfront #5

Newport Beach, CA 92663
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Bed 6

Bed

Bath 6

Bath

SqFt7,609

Sqft

SqFt5,000

Sqft(Lot)

Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”. The three separate residential units consist of a three bedroom residence, a newly buil t two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation. 1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.

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Detail Ic Property Details

Property Type : Residential

Price : $27,950,000

AD Id : 74510824

MLS Id : NP26015959

Beds : 6

Lot Size : 5,000 Sqft

Living Area Size : 7,609

Year Built : 1962

Garage : 4

County : Orange

Subdivision: Fallbrook

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Beamed Ceilings,Built-in Features,Balcony,Cathedral Ceiling(s),Multiple Staircases,Bar,Bedroom on Main Level Fireplace: Living Room,Primary Bedroom
  • Cooling Features

    Central Air,Dual,Zoned Air Conditioning

    Fireplace

    Fireplace Features: Living Room,Primary Bedroom Has Fireplace: 1

  • Building Information

    Year Built: 1962
  • Pool Features

    None

    Laundry Features

    Common Area,Electric Dryer Hookup,Gas Dryer Hookup

    Patio And Porch

    Deck,Rooftop

  • Lot Details

    Lot Dimensions Source: Estimated Lot Size Acres: 0.1148 Lot Size Dimensions: 50x100
  • Lot Size Source: Estimated Lot Size Square Feet: 5000

  • Listing Price Information

    Original List Price: 27,950,000 Listing Contract Date: 2026-01-22
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 04721128

  • Garage and Parking

    Garage Description: Garage Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NP - Balboa Peninsula Directions: From Balboa Blvd, turn right right on 15th Street, property is on the right hand side. Source Property Type: Residential Area: NP - Balboa Peninsula Property SubType: Triplex
  • Building and Construction

    Property Age: 64 Common Walls: 1 Common Wall Structure Type: Triplex Year Built Source: Public Records Total Square Feet Living: 7609 Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Multi/Split Structure Type: Triplex
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Nearby Home Value

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521 Kings Road, Newport Beach, CA, 92663 $7,699,000 4 4 4,474 4,474 SqFt
660 Kings Road, Newport Beach, CA, 92663 $10,500,000 5 5 4,861 4,861 SqFt
2601 Bayshore Drive, Newport Beach, CA, 92663 $11,995,000 4 4 3,672 3,672 SqFt
401 Snug Harbor Road, Newport Beach, CA, 92663 $9,450,000 5 5 6,552 6,552 SqFt
2572 Bayshore, Newport Beach, CA, 92663 $26,495,000 5 4 3,745 3,745 SqFt
1210 Kings Rd, Newport Beach, CA, 92663 $11,495,000 5 5 6,394 6,394 SqFt
1221 Kings Road, Newport Beach, CA, 92663 $6,500,000 3 2 1,851 1,851 SqFt

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ByOwner last updated this listing 06/11/2026 @ 17:52

MLS: NP26015959 LISTED BY: Amelie Mason, Pacific Sotheby's Int'l Realty 949-554-1200 SOURCE: CRMLS

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