Beach Homes Realty
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700 e oceanfront

Newport Beach, CA 92661

$6,490,000

4 BEDS 3-Full BATHS
2,310 SQFT0.05 AC LOT
Residential - Duplex
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Bedrooms 4
Total Baths 3
Full Baths 3
Square Feet 2310
Acreage 0.06
Status Active
MLS # OC26030071
County Orange
More Info
Category Residential - Duplex
Status Active
Square Feet 2310
Acreage 0.06
MLS # OC26030071
County Orange
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. Notable features include: Air conditioning (new in 2023), new roof, double-paned windows and functional and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. This oceanfront duplex offers a proven track record and excellent reviews from former guests. Incredible income potential with 2 Short Term Lodging permits in place. Act quickly! With only 1550 Short Term Lodging Permits available in the entire city, having a property with TWO on Oceanfront is truly a rare opportunity.
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Listing
Street
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Exterior Features

  • Construction Single Family
  • Siding Stucco
  • Exterior Barbecue
  • Garage Yes
  • Garage Description Garage, Paved, GarageFacesRear, Tandem
  • Water Public
  • Sewer PublicSewer
  • Lot Description CornerLot, NearPublicTransit, Walkstreet

Interior Features

  • Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator
  • Heating Central, Radiant
  • Cooling CentralAir, SeeRemarks
  • Fireplaces No
  • Fireplaces Description None
  • Living Area 2,310 SQFT
  • Year Built 1973

Neighborhood & Schools

  • Subdivision Balboa Peninsula (Residential) (BALP)
  • Elementary School Newport
  • Middle School Ensign
  • High School Newport Harbor

Financial Information

  • Parcel ID 04813512
  • Zoning RSC-R

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Pacific Sotheby's Int'l Realty - (949) 632-2269
The data for this listing came from the California Regional MLS
Listing data is current as of 07/07/2026.
California DRE #02247371

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