Return to Search

402 E Oceanfront, Newport Beach, CA 92661

Property Details

1

How many 'hoots' do you
give this property?

402 E Oceanfront
Newport Beach, CA 92661

For Sale: $4,388,000

Property Type: Duplex
MLS#: NP18048615

  • Building Size: 3258 SF
  • Lot Size: 2614 SF
  • Number of Units: 2
  • Number of Stories: 2
  • Year Built: 1972
  • Days on market: 86
  • Net Operating Income: $119,232
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Jim Jacobs, The Ballast Group


Property Description

Balboa Oceanfront Duplex with 4 bedrooms and 2 baths in upper and 3 bedrooms 2 baths in lower unit. Sand in front and no dunes. A rare find with 7 bedrooms on the beach. There are no rental contracts and nothing to stop a quick sale. Property has been a short term rental and buyer can apply for a new business license and short term permit. A popular past short term rental on the beach. Each unit has an open spacious kitchen overlooking the living room. Each with fireplace. Lower unit has large patio and upper has small balcony. Newer exterior paint. Newer double pane vinyl windows. 2 car shared garage with laundry hook ups. New carpet and shows well. The boardwalk is right in front and you can walk or ride bikes to the Balboa Pier, Balboa Business District, the fire pits or take the ferry to Balboa Island. The Municipal parking lot is just 1 block away for extra parking for your quest or tenants. This duplex cannot be duplicated and is a rare find.


Back to Search Results

Map View

402 E Oceanfront, Newport Beach, CA 92661

Based on information from California Regional Multiple Listing Service, Inc. as of March 30, 2018. 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, 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.

Listing provided by: Jim Jacobs, The Ballast Group

similar properties

Property Image

2214 W Oceanfront

Newport Beach, CA 92663

Duplex
Price: $3,998,000

Property Image

200 E Oceanfront

Newport Beach, CA 92661

Duplex
Price: $4,100,000

Property Image

404 E Oceanfront

Newport Beach, CA 92661

Duplex
Price: $4,235,000

top 'hoots'

Property Image

2416 W 7TH St.

Los Angeles, CA 90057

Duplex
Price: $3,995,000

Property Image

2011 OCEAN FRONT

Venice, CA 90291

Duplex
Price: $3,900,000

Property Image

800 INDIANA Ave.

Venice, CA 90291

Duplex
Price: $3,775,000

MultiFamilyOWL.com is California's #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL's advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us at contact@MultiFamilyOwl.com