306 E Oceanfront, Newport Beach, CA 92661 – NP24028668

$4,950,000

Est. payment -/mo

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3 Beds

2 Baths

800 SqFt

SOLD DATE : 04/19/2024

Key Details

Sold Price $4,950,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $6,187

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP24028668

Bedrooms 3

Three Quarter Bath 2

Year Built 1922

Lot Size 2,400 Sqft

Property Description

Major price reduction! Welcome to 306 East Oceanfront - a two cottage duplex, each with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Heating Fireplace(s)

Cooling None

Flooring Wood

Fireplaces Type Dining Room

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Waterfront Description Beach Front,Ocean Front

View Y/N Yes

View Ocean, Water

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Newport Mesa Unified

Others

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Paul Ward

paul@homeandranchteam.com +1(805) 479-5004

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Kimberly Bibb • Pacific Sotheby's Int'l Realty • 714-396-0185
Bought with Tara McNabb • Compass

GET MORE INFORMATION

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

QUICK SEARCH