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$6,199,000
174 Days On Site

700 E Oceanfront
Newport Beach, CA 92661

For Sale|Multi Family|Active
4
Beds
3
Total Baths

SqFt

/SqFt
Subdivision:
Balboa Peninsula (Residential) (
County:
Orange
Listed by Dominic Tucci of Pacific Sotheby's Int'l Realty (949) 632-2269
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
700 E Oceanfront700 E Oceanfront700 E Oceanfront700 E Oceanfront
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RARE - TWO Short Term Lodging Permits ON THE BOARDWALK! 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 Snapshot
Price 
$6,199,000
Days On Site 
174 Days
Bedrooms 
4
Inside Area (SqFt) 
0.0 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
N/A
MLS® Number 
OC26025417
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $6,199,000
6 months agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Multi Family
Zoning 
Assessor
Interior Features
Cooling 
Central Air
Heating 
Radiant
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Exterior Features
Construction Details 
Stucco
Lot Features 
Corner Lot
Community Features
Community Features 
CurbsSidewalks
Financing Terms Available 
Conventional
Listed by Dominic Tucci of Pacific Sotheby's Int'l Realty (949) 632-2269



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Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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