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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

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 6 Full Baths: 6
  • Interior Features

    Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Multiple Staircases, Bar, Bedroom on Main Level
    Laundry Features: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
  • Heating & Cooling

    Has Cooling: Yes Cooling: Central Air, Dual, Zoned

  • Building Information

    Year Built: 1962
    Patio And Porch Features: Deck, Rooftop
    Pool Features: None
    Private Pool: No
    View: Bay, City Lights, Coastline, Courtyard, Marina, Ocean, Panoramic, Pier

  • Lot Information

    Lot Dimensions: 50x100 Main Square Feet: 5000 Lot Size Acres: 0.1148 Lot Size Source: Estimated Lot Size Square Feet: 5,000 Lot Description: 0-1 Unit/Acre,Corner Lot

    Property Information

    Subdivision: Balboa Peninsula (Residential) (BALP) Source Property Type: Residential Property SubType: Triplex Levels: Multi/Split Property Age: 64

  • Listing Price Information

    Listing Price: $27950000
    Cash to New Loan

  • Tax Information

    Parcel Number: 04721128 Tax Lot: 2 Tax Block: B

  • Parking Information

    Parking Total: 4 Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 4

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: From Balboa Blvd, turn right right on 15th Street, property is on the right hand side. WaterSource: Public
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2601 Bayshore Drive, Newport Beach, CA, 92663 $11,200,000 4 5 3,672 3,672 SqFt
701 Kings Road, Newport Beach, CA, 92663 $7,995,000 3 2 4,264 4,264 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

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 18:19

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

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