$7,500,000 - 900 E Oceanfront, Newport Beach

  • 0Beds
  • Baths
  • 5,850SQ. Feet
  • 0.15Acres

SIX UNITS ON THE OCEANFRONT - Here is your chance to operate what could be in effect an oceanfront hotel on the Balboa Peninsula! Six 2 bedroom 2 bath units on the boardwalk, with Balboa Park, sand and ocean straight ahead, and the shopping, dining and activities of Balboa Village just a block away. Each unit has 1 car parking on the carport. Currently a mix of short term and long term rental units. Huge room for revenue improvement as well - with some cosmetic and furniture upgrades, current income could vastly increased. Inquire with agent as to pro forma options. - SIX UNITS ON THE OCEANFRONT

Sales Agent

Tracey KormushoffNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:NP19257387
  • Price:$7,500,000
  • Bathrooms:0.00
  • Square Footage:5,850
  • Acres:0.15
  • Year Built:1971
  • Type:Residential Income
  • Style:See Remarks
  • Status:Active

Community Information

  • Address:900 E Oceanfront
  • Area:Balboa Peninsula (NP)
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92661

Amenities

  • Parking Spaces:8
  • Is Waterfront:Yes
  • Waterfront:Lot has Beach Access, Beach Front, Lot has Ocean Access, Ocean Front

Interior

  • Appliances:Electric Dryer Hookup, Barbecue, Dishwasher, Electric Oven, Electric Range, Electric Stove, Microwave, Range/Stove Hood, Refrigerator
  • Heating:Forced Air
  • Cooling:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:6-10 Units/Acre, Park Nearby
  • Roof:Composition
  • Foundation:Concrete Slab

Additional Information

  • Date Listed:November 5th, 2019
  • Days on Market:145

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Provided By: Art White(01905655), White Sail Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2020 at 8:15pm CDT. 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. 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, 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.