Active

1408 W Oceanfront

Newport Beach CA, 92661

$7,250,000


$2,900.00 per sqft

Active

8 Beds

4 Baths

2,500 sqft

Multi-family

Built in 1947

Listed by JEFF STOFFEL with Century 21 Top Producers 951-906-3768

Oceanfront living is a dream that very few people can ever turn into a reality. Now is the time for your dream to come true. Rarely is there an oceanfront opportunity that comes available and allows you this incredible flexibility! There are only a few Tri-Plexes on the Boardwalk, you have numerous options. You can live in the front house and receive income from the other two units. You can apply for a short-term rental permit while you enjoy all the amenities of living on the Oceanfront in Newport Beach, Do you have a large extended family? Then this is the place you have been looking for, with three units, eight bedrooms & four bathrooms, everyone can have their privacy. Or do you have a vision for the future and a creative eye? Buy today, enjoy today, and plan for the future. This oversized lot provides a tremendous canvas to build your dream home. Or maybe over a few years, you will enjoy a combination of all of the options. Oceanfront property is a rare commodity, there is a limited supply and tremendous demand for the right property. This right opportunity is available for those ready to live their dreams. Come by, walk along the Boardwalk, and see where dreams come true.

IV24154921

MLS ID

August 15, 2024

Listed

November 22, 2024

Updated

Map

1408 W Oceanfront
Newport Beach CA, 92661

Interior Features

Total Stories

3


Bedrooms

8


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Balcony, Stair Climber, Bedroom on Main Level


Laundry Description

Laundry Room


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

2-5 Units/Acre, Level, Near Park, Near Public Transit, Street Level


Architectual Style

Patio Home


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified

Other Property Details

Area Name

NP - Balboa Peninsula


Days on Market

84


Garage

No


Parking

Attached Carport, Public


Parking Total

3


View

Yes


View Description

Catalina, Coastline, Ocean, Panoramic, Water


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes

Listing History

Date

Event

Price

11/8/2024

Price change

$7,250,000

-4%

Listing Contact: 909-863-5333 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:02 PM UTC

 

Powered byLuxury Presence