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    916 E Oceanfront

    Newport Beach, CA 92661
    • $4,125,000
    • STATUS: ACTIVE
    • ON SITE: 431 days
    • ID#: 302296367
    UPDATED: 34 min ago
    $4,125,000
    • 5
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    916 E Oceanfront is a prime location oceanfront duplex on the boardwalk. This lower unit is a 2 bed 2 bath with STLP permits, with a very desirable ground floor patio. The upper unit is a 3 bed 2 bath with STLP permits with a private balcony and panoramic ocean views. Directly on the boardwalks and the grassy Balboa Park, with the sand and the water straight ahead. The property is just two blocks from the Balboa Pier and Balboa Village, full of shops, restaurants, bars and activities. Each unit in this bu 916 E Oceanfront is a prime location oceanfront duplex on the boardwalk. This lower unit is a 2 bed 2 bath with STLP permits, with a very desirable ground floor patio. The upper unit is a 3 bed 2 bath with STLP permits with a private balcony and panoramic ocean views. Directly on the boardwalks and the grassy Balboa Park, with the sand and the water straight ahead. The property is just two blocks from the Balboa Pier and Balboa Village, full of shops, restaurants, bars and activities. Each unit in this building gets ONE parking space in the carport. The carport is a little tight to maneuver in and out of, but nearly any regular vehicle will fit. NOTE: There is construction ongoing next door that should result in a public alley in the near future. Currently the property's parking is accessed via 919 East Balboa, a separate unit, in exchange for the use of one parking space at 916 East Oceanfront. As a requirement of this sale, any buyer will need to agree to abide by the parking arrangement until alley access is available. Buyer to verify alley situation. NOTE 2: 916 East Oceanfront is no longer being sold in conjunction with 919 East Balboa. Please see separate listing for 919 East Balboa.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    916 E Oceanfront Newport Beach, CA 92661

    • Price: $4,125,000
    • Status: ACTIVE
    • Updated: 34 min ago
    • ID#: 302296367
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1972
    Built
    Neighborhood:
    Oc - Newport Beach (92661)
    County:
    Orange
    Area:
    Oc - Newport Beach (92661)
    Property Description
    916 E Oceanfront is a prime location oceanfront duplex on the boardwalk. This lower unit is a 2 bed 2 bath with STLP permits, with a very desirable ground floor patio. The upper unit is a 3 bed 2 bath with STLP permits with a private balcony and panoramic ocean views. Directly on the boardwalks and the grassy Balboa Park, with the sand and the water straight ahead. The property is just two blocks from the Balboa Pier and Balboa Village, full of shops, restaurants, bars and activities. Each unit in this bu 916 E Oceanfront is a prime location oceanfront duplex on the boardwalk. This lower unit is a 2 bed 2 bath with STLP permits, with a very desirable ground floor patio. The upper unit is a 3 bed 2 bath with STLP permits with a private balcony and panoramic ocean views. Directly on the boardwalks and the grassy Balboa Park, with the sand and the water straight ahead. The property is just two blocks from the Balboa Pier and Balboa Village, full of shops, restaurants, bars and activities. Each unit in this building gets ONE parking space in the carport. The carport is a little tight to maneuver in and out of, but nearly any regular vehicle will fit. NOTE: There is construction ongoing next door that should result in a public alley in the near future. Currently the property's parking is accessed via 919 East Balboa, a separate unit, in exchange for the use of one parking space at 916 East Oceanfront. As a requirement of this sale, any buyer will need to agree to abide by the parking arrangement until alley access is available. Buyer to verify alley situation. NOTE 2: 916 East Oceanfront is no longer being sold in conjunction with 919 East Balboa. Please see separate listing for 919 East Balboa.
    Exterior Features

    Exterior Stucco Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Spa N/K

    Interior Features

    Cooling N/K Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2

    Property Features

    Annual Expense Actual 0 Buildings 1 Gross Scheduled Income Actual 0 Home Owners Fees 0.0 Possession Close Of Escrow Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 57560.0 Unit2 Rent Actual 48707.0 Zoning Assessor

    Listing provided courtesy of White Sail Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    The Legacy Real Estate Team
    10620 Treena St, Suite 230
    San Diego CA, 92131