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$7,250,000
85 Days On Site

1408 W Oceanfront
Newport Beach, CA 92661

For Sale|Triplex|Active
8
Beds
4
Full Baths
0
Partial Baths
2,500
SqFt
$2,900
/SqFt
1947
Built
Subdivision:
Balboa Peninsula Point (BLPP)
County:
Orange
Listed by JEFF STOFFEL of Century 21 Top Producers jeff@stoffelrealestategroup.com
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
1408 W Oceanfront1408 W Oceanfront1408 W Oceanfront1408 W Oceanfront
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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.

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Listing Snapshot
Price 
$7,250,000
Days On Site 
85 Days
Bedrooms 
8
Inside Area (SqFt) 
2,500 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1947
MLS® Number 
IV24154921
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
17 hours agoPrice changed to $7,250,000
3 months agoStatus changed to Active
3 months agoListing first seen online
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.07
Carport 
3
Contingency 
Sellers are considering a 1031 exchange on seller's side
Number Of Stories 
3
Parking 
Attached Carport
Parking Spaces 
3
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Three Or More
Style 
Patio Home
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer Connected
Water Source 
Public
Interior Features
Fireplace Features 
None
Interior 
Master Downstairs
Laundry Features 
Laundry Room
Main Level Bedrooms 
3
Window Features 
Double Pane Windows
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Exterior Features
Exterior 
Balcony
Lot Features 
LevelNear Public Transit
Patio And Porch 
Front PorchPatio
Pool Features 
None
Spa Features 
None
View 
OceanPanoramicWater
Waterfront 
Yes
Waterfront Features 
Beach FrontOcean Front
Waterview 
OceanPanoramicWater
Windows/Doors 
Double Pane Windows
Community Features
Building Access 
ground
Community Features 
CurbsFishingGolfStreet LightsSidewalksPark
Financing Terms Available 
Cash1031 ExchangeSubmit
MLS Area 
NP - Balboa Peninsula
School District 
Newport Mesa Unified
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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