200 East Oceanfront

Newport Beach, CA 92661

$8,000,000
Price
5
Beds
4
Baths
2,428 Sq. Ft.
$3,295 / Sq. Ft.
2,428
Sq. Ft.
$3,295
per Sq. Ft.

Description

Own Your Slice of California Paradise: Exquisite Oceanfront Duplex with Established Rental Income
For the discerning investor and coastal enthusiast, presenting 200 E Oceanfront, Newport Beach—a rare opportunity to secure a piece of the California coastline with built-in revenue. This premier corner lot duplex offers unparalleled versatility.
Spanning 2,428 square feet on a 30 ft wide corner lot, this meticulously designed property features two distinct, beautifully appointed units. The expansive 4-bedroom,
...Own Your Slice of California Paradise: Exquisite Oceanfront Duplex with Established Rental Income

For the discerning investor and coastal enthusiast, presenting 200 E Oceanfront, Newport Beach—a rare opportunity to secure a piece of the California coastline with built-in revenue. This premier corner lot duplex offers unparalleled versatility.

Spanning 2,428 square feet on a 30 ft wide corner lot, this meticulously designed property features two distinct, beautifully appointed units. The expansive 4-bedroom, 3-bathroom front home boasts breathtaking, unobstructed ocean views, perfect for entertaining and serene relaxation. The charming 1-bedroom, 1-bathroom rear unit offers delightful Pacific Ocean vistas from its living and dining areas, ideal for short-term rentals or as a cozy retreat for guests.

This property seamlessly merges investment with lifestyle, boasting two highly coveted short-term lodging permits and a proven rental history. With future bookings already secured, you can enjoy a steady revenue stream from the moment you acquire. Additionally, the property provides the unique advantage of generating income while you develop and approve new building plans for the site should you decide to pursue future expansion.

Situated in the vibrant heart of the Balboa Peninsula, this location offers unrivaled access to world-class dining, upscale shopping, exciting entertainment, recreational activities, and, of course, the pristine California coastline—all just steps away.

200 E Oceanfront is more than a residence; it allows access to an exquisite lifestyle and a savvy investment opportunity. Wake up to the soothing sounds of the ocean, with the confidence that your investment is generating solid returns.

Listing Agent

  1. Tyler Brown

    Tyler Brown

    Listing Agent

    Compass

    DRE #02043514

    tyler.brown@compass.com

    P: (949)-220-4409

Property Details for 200 East Oceanfront

Architectural Style
Bungalow
View
Catalina, Ocean, Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor

Open Houses

Thursday, Nov 21st

12:00 PM - 2:00 PM

Public

LISTING UPDATED: 11/20/2024 06:51 AM

Property Details for 200 East Oceanfront

StatusActive
MLS #NP24122497
Days on Market150
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1930
Lot Size0.06 AC / 2,614 SF
CountyOrange County

Building Information for 200 East Oceanfront

Stories2Residences-Year Built1930Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 200 East Oceanfront

Income / Expense / Tax Details
Income Details
  • Gross Income: $317,582
  • Gross Scheduled Income: $350,000
  • Gross Operating Income: $317,582
  • Net Operating Income: $218,502
Expense Details
  • Operating Expense: $0
  • Cable TV Expense: $1,200
  • Fuel Expense: $600
  • Licenses Expense: $350
  • Pest Control Expense: $1,000
  • Electric Expense: $1,800
  • Insurance Expense: $5,000
  • Maintenance Expense: $4,000
  • Trash Expense: $180
  • Water Sewer Expense: $950
  • Total Expenses: $15,850
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 510
  • Tax Census Tract: 628.00
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 1
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Gas & Electric Range, Microwave, Range Hood, Refrigerator, Water Heater
  • Equipment: Dishwasher, Microwave, Refrigerator, Gas & Electric Range
  • Interior Features: Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Room Bathroom Features: Shower, Shower in Tub, Exhaust fan(s), Quartz Counters, Stone Counters, Walk-in shower
  • Bedroom Features: Main Floor Bedroom
  • Room Kitchen Features: Quartz Counters
  • Eating Area: Breakfast Nook, Dining Room
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room, Gas
  • Cooling: None
  • Heating Type: Wall
  • Heating: Fireplace(s), Wall Furnace
  • Heat Equipment: Fireplace, Wall/Gravity
  • Floor Coverings: Linoleum/Vinyl
  • Flooring: Vinyl
Exterior Features
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Brick, Wood
  • Foundation Details: Raised
  • Structure Type: Duplex
  • Property Condition: Turnkey
  • Miscellaneous: Storm Drains, Suburban
  • View Description: Catalina, Ocean, Panoramic, Water
  • Waterfront Features: Beach Access, Beach Front, Ocean Front
  • Patio: Yes
  • Patio: Brick
  • Patio And Porch Features: Brick, Front Porch
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Zero Lot Line
  • Lease Considered: No
  • Direction Faces: Southwest
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: Alley, City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts in Garage
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage, Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
  • Architectural Style: Craftsman/Bungalow
  • Residential Styles: Townhome
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Property History for 200 East Oceanfront

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 200 East Oceanfront

Taxable ValueLand$4,128,056Additions$82,479Total$4,210,535
Tax Record2024$44,851 ($3,738 / month)
Home Facts
Total Finished SqFt1,196 SqFtAbove Grade Finished SqFt1,196 SqFtStories2Lot Size2,321 SqFtStyleMulti-Family Dwelling (2-4)Year Built1924CountyORANGEAPN048-081-15Fireplace TypeHas Fireplace

Schools near 200 East Oceanfront

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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200 East Oceanfront is a townhouse for sale in Newport Beach, CA 92661. This property was listed for sale on June 12, 2024 by Compass, it's currently listed at $8,000,000. It has been on the market for a total of 150 days and was last sold on December 14, 2018. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 200 East Oceanfront is a 5-bed, 4-bath, 2,428 sqft townhouse built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Tyler Brown, DRE #02043514

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.