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700 E Oceanfront

Newport Beach, CA 92661
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Bed 4

Bed

Bath 3

Bath

SqFt2,310

Sqft

SqFt2,614

Sqft(Lot)

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 compo site 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $6,490,000

AD Id : 75174123

MLS Id : OC26025417

Beds : 4

Lot Size : 2,614 Sqft

Living Area Size : 2,310

Year Built : 1973

Garage : 4

County : Orange

Subdivision: Fallbrook

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Exterior Property Features: Barbecue Interior Features: Wet Bar,Balcony,Living Room Deck Attached,Open Floorplan,Quartz Counters,Primary Suite Windows: Double Pane Windows Property Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Gas Range,Gas Water Heater,Microwave,Refrigerator Fireplace: None Flooring: Carpet,Tile
  • Cooling Features

    Central Air,See Remarks Air Conditioning

    Heating Source

    Central,Radiant Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1973 Building Area Total: 2,310 Construction: Stucco
  • Exterior Features

    Barbecue

    Foundation

    Slab

    Security Features

    Smoke Detector(s)
  • Pool Features

    None

    Laundry Features

    Inside,See Remarks

    Fencing

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.06
  • Lot Size Source: Assessor Lot Size Square Feet: 2614

  • Listing Price Information

    Original List Price: 6,490,000 Listing Contract Date: 2026-02-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 04813512

  • Garage and Parking

    Garage Description: Garage,Paved,Garage Faces Rear,Tandem

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: None

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NP - Balboa Peninsula Directions: Turn West on Palm from Balboa Blvd.On Oceanfront at Washington St Zoning: RSC-R Source Property Type: Residential Income Area: NP - Balboa Peninsula Property SubType: Duplex
  • Building and Construction

    Property Age: 53 Common Walls: No Common Walls Property Condition: Turnkey Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
700 E Oceanfront, Newport Beach, CA, 92661 $6,490,000 4 3 2,310 2,310 SqFt
126 E Balboa, Newport Beach, CA, 92661 $3,448,000 4 3 2,000 2,000 SqFt
203 8th, Newport Beach, CA, 92661 $3,595,000 5 3 2,446 2,446 SqFt
203 8th St, Newport Beach, CA, 92661 $3,595,000 5 2 2,446 2,446 SqFt
1324 W Balboa Boulevard, Newport Beach, CA, 92661 $4,099,999 6 7 3,336 3,336 SqFt

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ByOwner last updated this listing 06/08/2026 @ 17:04

MLS: OC26025417 LISTED BY: Dominic Tucci, Pacific Sotheby's Int'l Realty 949-554-1200 SOURCE: CRMLS

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