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    1624 W Oceanfront

    Newport Beach, CA 92663
    • $5,750,000
    • STATUS: Active Under Contract
    • ON SITE: 96 days
    • ID#: NP20113848
    Under Contract
    UPDATED: 66 min ago
    $5,750,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,039
      SQFT
    • $1,892
      $/SQFT
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Quintessential oceanfront duplex beach home in turn-key condition. A wonderful opportunity to own between the piers and on the sand along one of Southern California+GGs most favored stretches of shoreline. Generously proportioned, turn-key three bedroom, three bath upper-level owner+GGs unit is accented by abundant millwork, vaulted ceilings, hardwood floors, and new carpet and paint throughout. It features two fireplaces, an eat-in kitchen nook, separate laundry room, elevator, and spectacular roof top terrace with spa, BBQ area and panoramic 360-degree views up-and-down the coastline, and capturing bay front and city light views, as well. The spacious lower level two bedroom, two bath unit has been remodeled and features a cozy brick-accented fireplace, private laundry and a large oceanfront terrace adjacent to the boardwalk. Central air conditioning, a dumbwaiter, and a four car parking complete this fabulous R-2 lifestyle opportunity. Ideally suited as either a short-term rental income property, or perfect for an owner/user to enjoy the large upper unit while benefitting from rental income below. Located in the heart of Balboa, across from Marina Park and just a short bike ride from myriad restaurants, shops, the Fun Zone and the Balboa Island Ferry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T23:25:52.863. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/106880373
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    1624 W Oceanfront Newport Beach, CA 92663

    • Price: $5,750,000
    • Status: Active Under Contract
    • Updated: 66 min ago
    • ID#: NP20113848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,039
    SQFT
    $1,892
    $/SQFT
    1974
    Built
    Neighborhood:
    Balboa Peninsula (Residential) (Balp)
    County:
    Orange
    Area:
    NP - Balboa Peninsula
    Property Description
    Quintessential oceanfront duplex beach home in turn-key condition. A wonderful opportunity to own between the piers and on the sand along one of Southern California+GGs most favored stretches of shoreline. Generously proportioned, turn-key three bedroom, three bath upper-level owner+GGs unit is accented by abundant millwork, vaulted ceilings, hardwood floors, and new carpet and paint throughout. It features two fireplaces, an eat-in kitchen nook, separate laundry room, elevator, and spectacular roof top terrace with spa, BBQ area and panoramic 360-degree views up-and-down the coastline, and capturing bay front and city light views, as well. The spacious lower level two bedroom, two bath unit has been remodeled and features a cozy brick-accented fireplace, private laundry and a large oceanfront terrace adjacent to the boardwalk. Central air conditioning, a dumbwaiter, and a four car parking complete this fabulous R-2 lifestyle opportunity. Ideally suited as either a short-term rental income property, or perfect for an owner/user to enjoy the large upper unit while benefitting from rental income below. Located in the heart of Balboa, across from Marina Park and just a short bike ride from myriad restaurants, shops, the Fun Zone and the Balboa Island Ferry.
    Exterior Features

    Carport Spaces 1.00 Exterior Features Barbecue Private Garage Spaces 3.00 Lot Features Level With Street Lot Size Dimensions 30X103 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage AccessGarage - Single DoorSee RemarksTandem Garage Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Spa Features Roof Top Spa YN Yes View BayCatalinaCity LightsCoastlineOceanPanoramicWaterWhite Water View YN Yes Waterfront Features Beach FrontNavigable WaterOcean Front

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1163 Average2 Bed Area Units Square Feet Average3 Bed Area 1875 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central AirZoned Cooling YN Yes Fireplace Features Living RoomMaster BedroomSee Remarks Fireplace YN Yes Flooring CarpetStoneWood Heating ZonedForced AirNatural Gas Heating YN Yes Interior Features 2 StaircasesBalconyBeamed CeilingsBuilt-In FeaturesChair RailingsCrown MoldingElevatorHigh Ceilings Laundry Features Individual RoomInside Levels Three Or More

    Property Features

    Accessibility Features Accessible Elevator InstalledSee Remarks Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features WatersportsSidewalksStorm DrainsStreet LightsUrban Country Us Elevation Units Feet Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Assessor Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number With Carpet 2 Number With Dishwasher 2 Number With Disposal 2 Number With Patio 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 0.00 Property Condition TurnkeyUpdated/Remodeled Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Subdivision Name Other Balboa Peninsula (Residential) (Balp) Tenant Pays See Remarks Total Expenses 0.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Tara Foster Shapiro of Pacific Sotheby's Int'l Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T23:25:52.863. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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