4 Beds
3 Baths
2,310 SqFt
4 Beds
3 Baths
2,310 SqFt
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,310 sqft
Price per Sqft $3,025
MLS Listing ID OC25098087
Style Townhome
Bedrooms 4
Full Baths 3
Construction Status Turnkey
HOA Y/N No
Year Built 1973
Lot Size 2,614 Sqft
Acres 0.06
Property Sub-Type Townhome
Property Description
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 rental permits in place. Act quickly! With only 1550 Short Term Rental Permits available in the entire city, having a property with TWO on Oceanfront is truly a rare opportunity.
Location
State CA
County Orange
Area Oc - Newport Beach (92661)
Zoning RSC-R
Interior
Interior Features Living Room Balcony, Living Room Deck Attached, Wet Bar
Cooling Central Forced Air, Other/Remarks
Flooring Carpet, Tile
Equipment Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Gas Range
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Gas Range
Laundry Other/Remarks, Inside
Exterior
Exterior Feature Stucco
Parking Features Tandem, Garage
Garage Spaces 4.0
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Ocean
Total Parking Spaces 4
Building
Lot Description Corner Lot, Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Turnkey
Others
Monthly Total Fees $2
Miscellaneous Gutters,Storm Drains
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Standard
Virtual Tour https://700eoceanfront.relahq.com
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