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Listed by Dominic Tucci • Pacific Sotheby's Int'l Realty

$6,890,000

Est. payment - /mo

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4 Beds

3 Baths

2,310 SqFt

Price Dropped by $100K

700 E Oceanfront Newport Beach, CA 92661

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,310 sqft

Price per Sqft $2,982

MLS Listing ID CROC25098087

Bedrooms 4

Full Baths 3

Year Built 1973

Lot Size 2,614 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property 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. Nota

Location

State CA

County Orange

Area Np - Balboa Peninsula

Zoning RSC-R

Rooms

Family Room Other

Kitchen Dishwasher, Garbage Disposal, Microwave, Other, Oven Range - Electric, Oven Range - Gas, Refrigerator

Interior

Heating Radiant, Central Forced Air

Cooling Central AC, Other

Fireplaces Type None

Laundry Other

Exterior

Parking Features Garage, Other

Garage Spaces 4.0

Fence None

Pool 31, None

View Ocean

Building

Foundation Concrete Slab

Water Hot Water, Heater - Electric, Heater - Gas, District - Public

Others

Tax ID 04813512

Special Listing Condition Not Applicable

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321