1408 W Oceanfront

Newport Beach, CA 92661

PRICE REDUCED

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-$245,000 (-3.27%)

$7,250,000

List Price

8

bed Beds

4

shower Baths

2,500 sqft

straighten / sqft

1947

calendar_month Built

Property 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.

Listing Information

List Price $7,250,000
Status Active
MLS IV24154921
HOA $0
Type Residential
Subtype Triplex
Year Built 1947
Lot Size 3,049
Structure Size 2,500
DOM 84
Courtesy Of Century 21 Top Producers
Listing Agent JEFF STOFFEL DRE#00641878

Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms 8
Bathroom Information
Features Bathtub, Remodeled, Separate Shower
Total Bathroom
Bathrooms 4
Fireplace Information
Features None
Additional Information
Additional Features Balcony, Stair Climber, Bedroom on Main Level
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Concrete, Front Porch, Patio
View Yes

Maps

Listing information courtesy of: JEFF STOFFEL, Century 21 Top Producers 951-906-3768. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 8th, 2024 at 1:00 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.