700 E Ocean Front Newport Beach, CA
$ 5,938,000
Property Attributes
  • MLS#TR20234314
  • TypeIncome
  • CountyORANGE
  • CityNewport Beach
  • AreaBalboa Peninsula
  • NeighborhoodBalboa Peninsula
  • Zip92661
  • Style
  • Price$ 5,938,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2310
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Chris Wen with Walton Realty Inc..
Property Description

Rear to find OCEANFRONT property nested on the heart of the Balboa Peninsula, enjoy the fresh ocean breeze and fantastic sun set from the huge ocean-facing raised deck and balcony, excellent Balboa Village location, on the front of the Boardwalk, next to the beach and pier, short walk to restaurants, Shopping, park, Balboa Fun Zone, bus stop and ferry to Balboa Island. The upper unit with two separate sections, front section feature 2 bedroom 1 bath, granite counter top kitchen with stainless steel appliance and walk in pantry, fireplace living room, back section feature 1 Bedroom 1 bath and living room, snack bar, with sink: lower unit feature 1 bedroom 1 bath also with granite counter top kitchen, fireplace living room and huge deck on the side of Boardwalk, each unit with interior Laundry, double pane window and central air. large 4 car garage with plenty of rooms for your beach toys, an additional one parking space offer extra convenience for your guest, property is zoned R2, currently operated as a vacation rental, air BNB or short term rental, all the income/expense listed is project/Pro Forma.

Price History
11/6/2020 Listed $5,938,000

General Features

Attached Structure Attached
Community Features Curbs, Street Lights
Cooling Central Air
Directions East of Balboa Blvd, to Palm St. left at the first Alleyway at NE corner of Washington and Ocean front
Garage Spaces 4.00
HOA Fee 0.00
Heating Central
Levels Two
Listagentaor Tri-Counties
Listing Agent Chris Wen - BRE#01009134
Listing Agent State License 01009134
MLS Area NP - Balboa Peninsula
Pool Features None
Price Per Square Foot 2570.56
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Balboa Peninsula (Residential) (BALP)
Subdivision Name Balboa Peninsula (Residential) (BALP)
Total Units 2
Zoning RSC-R

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Common Walls 1 Common Wall, End Unit
Fireplace Features See Remarks
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Dryer Included, Inside, See Remarks, Stackable, Washer Included
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 2310.00
Lot Features Corner Lot, Paved, Value In Land
Lot Size Acres 0.0600
Lot Size Area 2614.0000
Lot Size Source Assessor
Lot Size Square Feet 2614.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
Total Parking 5.00
Uncovered Spaces 1.00
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92661

AVG $3.86M
AVG 89
Year Built
AVG 1984

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