700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
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700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
700 E Oceanfront
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700 E Oceanfront

700 E Oceanfront, Newport Beach, CA 92661

$5,000,000
700 E Oceanfront presents a fantastic opportunity to own a duplex in the heart of the Balboa Peninsula. All about the location, this property is near all the desirable attractions the area has to offer. Steps away from the sand and ocean, 700 E Oceanfront is sited along the boardwalk and the Peninsula's famous bike path. Walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. Featuring two units, this property offers incredible income potential. The lower unit features a bedroom and a bathroom, along with indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with granite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is smartly divided into two separate sections and encompasses a total of three bedrooms and two bathrooms. The front portion features two of the bedrooms as well as a full bath. Smartly upgraded kitchen and a living area offer ample entertaining space. The large front bedroom features a fireplace and breathtaking views of the ocean and Balboa Pier. The back section of the upstairs features bedroom, a bath and a kitchenette as well as living and dining areas. 700 E Oceanfront is a meticulously maintained property, with air conditioning, double-paned windows and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. Incredible income potential with short term rental permits in place.

2,310 Sq.Ft. LIVING AREA

2,613.6 Sq.Ft. lot

Tim Carr

Tim Carr

Dominic Tucci

Dominic Tucci

Features & Amenities

Interior

  • Laundry room Inside
  • Flooring Carpet, Vinyl
  • Fireplace Primary Bedroom
  • APPLIANCES Gas Range, Dryer, Washer

Area & Lot

  • Status Sold
  • Living Area2,310 Sq.Ft.
  • Lot Area2,613.6 Sq.Ft.
  • MLS® IDNP22145462
  • TypeMulti-Family
  • YEAR BUILT1973
  • Water Frontage['Beach Access']
  • View DescriptionOcean

Exterior

  • STORIES2
  • Garage Space4.0
  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • lot featuresCorner Lot
  • parkingGarage, Garage Door Opener, Garage Faces Rear
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • Disability FeaturesNone
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)

Financial

  • Sales Price$5,000,000
  • Zoning RSC-R

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The Tim Carr Group has been a leading team of agents in Orange County for over two decades by cultivating meaningful relationships with clients and sharing with them our intimate understanding of the local inventory and community.

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