1408 W Oceanfront

Newport Beach, CA 92661
$7,250,000
2500 sqft | 8 beds | 4 baths | 0.07 acres | #IV24154921
Courtesy of Century 21 Top Producers

Description

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.

  • Property Details
      • Interior:Balcony, StairClimber, BedroomOnMainLevel
      • Bedrooms:8
      • Bathrooms:4
      • Full Baths:4
      • View:Catalina, Coastline, Ocean, Panoramic, Water
      • Stories:3
      • Lot description:TwoToFiveUnitsAcre, Level, NearPark, NearPublicTransit, StreetLevel
      • Acres:0.07
      • Square Feet:2500
      • Property type:Purchase
      • Year built:1947
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected
      • Subdivision:Balboa Peninsula Point (BLPP)
      • School district:Newport Mesa Unified
      • County:Orange
      • Original List Price:$7, 495, 000
      • MLS #:IV24154921
      • Cost:7250000
      • Property subtype:Triplex
      • MLS #:IV24154921
      • Structure type:Triplex

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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