Active Open Sunday 07/26 4 PM-7 PM

700 E Oceanfront

Newport Beach, CA 92661
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Bed 4

Bed

Bath 3

Bath

SqFt2,310

Sqft

SqFt2,614

Sqft(Lot)

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 flo ws 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.

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Detail Ic Property Details

Property Type : Residential

Price : $6,199,000

AD Id : 75199083

MLS Id : OC26030071

Beds : 4

Lot Size : 2,614 Sqft

Living Area Size : 2,310

Year Built : 1973

Garage : 4

County : Orange

Subdivision: Fallbrook

Open House Open House

  • 07/26 4 PM-7 PM
  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Flooring Information

    Carpet, Tile
  • Interior Features

    WetBar, Balcony, LivingRoomDeckAttached, OpenFloorplan, QuartzCounters, PrimarySuite
    Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator
    Laundry Features: Inside, SeeRemarks
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Radiant Has Cooling: Yes Cooling: CentralAir, SeeRemarks

  • Building Information

    Year Built: 1973
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    Water front Features: BeachAccess,OceanAccess
    View: Ocean
  • Exterior Features

    Exterior Features: Barbecue

  • Lot Information

    Main Square Feet: 2614 Lot Size Acres: 0.06 Lot Size Source: Assessor Lot Size Square Feet: 2,614 Lot Description: CornerLot,NearPublicTransit,Walkstreet

    Property Information

    Subdivision: Balboa Peninsula (Residential) (BALP) Source Property Type: Residential Property SubType: Duplex Levels: Two Property Age: 53

  • Listing Price Information

    Listing Price: $6199000
    Original Price: $6890000
    Conventional, Exchange1031

  • Tax Information

    Parcel Number: 04813512 Tax Lot: 9 Tax Block: 10

  • Parking Information

    Parking Total: 4 Garage, Paved, GarageFacesRear, Tandem

    Garage Information

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

  • School Information

    Elementary School: Newport Junior High School: Ensign Senior High School: Newport Harbor
  • Utility Information

    CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: Turn West on Palm from Balboa Blvd.On Oceanfront at Washington St WaterSource: Public Security Features: SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 --
419 E Balboa, Newport Beach, CA, 92661 $5,385,000 6 7 3,455 3,455 SqFt
126 E Balboa, Newport Beach, CA, 92661 $3,448,000 4 3 2,000 2,000 SqFt
520 W. Balboa Boulevard, Newport Beach, CA, 92661 $3,499,000 5 4 2,464 2,464 SqFt
203 8th St, Newport Beach, CA, 92661 $3,595,000 5 2 2,446 2,446 SqFt
203 8th, Newport Beach, CA, 92661 $3,595,000 5 3 2,446 2,446 SqFt
1311 W Bay Avenue, Newport Beach, CA, 92661 $5,995,000 5 4 2,335 2,335 SqFt
1320 W Balboa Boulevard, Newport Beach, CA, 92661 $3,850,000 7 5 2,371 2,371 SqFt
1324 W Balboa Boulevard, Newport Beach, CA, 92661 $4,099,999 6 7 3,336 3,336 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 07/25/2026 @ 04:01

MLS: OC26030071 LISTED BY: Dominic Tucci, Pacific Sotheby's Int'l Realty 949-554-1200 SOURCE: CRMLS

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