$7,250,000
For Sale

1408 W Oceanfront

Newport Beach, CA 92661
2500 sqft | 8 beds | 4 baths | 0.07 acres | #IV24154921
Listing OfficeCentury 21 Top Producers
Browse 2 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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
      • Lot DescriptionTwoToFiveUnitsAcre, Level, NearPark, NearPublicTransit, StreetLevel
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
      • ViewCatalina, Coastline, Ocean, Panoramic, Water
      • InteriorBalcony, StairClimber, BedroomOnMainLevel
      • SubdivisionBalboa Peninsula Point (BLPP)
      • School DistrictNewport Mesa Unified
      • Sewer InformationPublicSewer
      • Original List Price$7,495,000
      • MLS #IV24154921
      • MLS #IV24154921
      • Property TypePurchase
      • Cost7250000
      • Property SubtypeTriplex
      • Structure TypeTriplex
      • Utility SourcePublic
      • CountyOrange
      • Acres0.07
      • Square Feet2500
      • Year Built1947
      • Bedrooms8
      • Bathrooms4
      • Full Baths4
      • Stories3

Location

sawhneyhomesReal 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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