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$13,500,000
82 Days Online

1628 W Oceanfront
Newport Beach, CA 92663

For Sale|Multi-Family|Active
Subdivision:
Balboa Peninsula (Residential) (Balp)
County:
Orange
Listed by Lisa Zhou of Legacy Capital Investment Group 949.656.5518
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
1628 W Oceanfront1628 W Oceanfront1628 W Oceanfront1628 W Oceanfront
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Don't Miss Out on This Rare Opportunity! Discover the unparalleled charm of this prestigious property nestled in the heart of the Balboa Peninsula. Situated between the iconic Balboa Pier and Newport Pier, this boutique hotel offers a unique blend of luxury and coastal living. Featuring (7) studios, (2) 1 bed / 1 bath units, and (2) 2 bed / 1 bath units, this property boasts versatility to accommodate various lifestyles. Four units offer breathtaking ocean views, providing a picturesque backdrop to everyday living. Recently renovated, each unit showcases distinctive designs with modern upgrades including quartz countertops, new cabinetry, vinyl flooring, custom tiled showers, recessed lighting, and dual-pane windows throughout. Abundant natural lighting floods the interiors, creating an inviting atmosphere, while the soothing sounds of beach waves offer a sense of tranquility. Situated on an oversized 35-foot-wide corner lot, this property comes with an impressive 9 STR permits, providing lucrative short-term rental opportunities. Whether you're seeking an investment property or a family compound, this is a once-in-a-lifetime opportunity in Newport Beach. Enjoy close proximity to Marina Park, McFadden Square, Balboa Fun Zone, Newport/Balboa Piers, fine dining establishments, and some of the best ocean views in the area. With nearby Newport Elementary School and convenient access to surfing and beach activities, this property offers the ideal coastal lifestyle. Don't let this rare gem slip away - seize the opportunity to own a piece of Newport Beach's iconic coastline.

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Listing Snapshot
Price 
$13,500,000
Days Online 
82 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,123 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1931
MLS® Number 
OC24013329
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoListing first seen online
General Features
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.08
Water 
Public
Security 
Carbon Monoxide DetectorsSmoke Detectors
Property Sub Type 
Apartment
Garage Spaces 
0
Listing Conditions 
Standard
Interior Features
Flooring 
Vinyl
Interior 
BalconyRecessedLighting
Fireplace Features 
None
Laundry Features 
Common Area
Window Features 
Double Pane Windows
Fireplace 
No
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Exterior Features
Roof 
Flat
View 
CoastlineOcean
Spa 
No
Pool Features 
None
Spa Features 
None
Lot 
Item01 Unit AcreCorner LotNear Park
Community Features
Association Dues 
0
Community Features 
Street LightsSidewalksWater SportsPark
Senior Community 
No
MLS Area 
NP - Balboa Peninsula
Security Features 
Carbon Monoxide DetectorsSmoke Detectors


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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