900 E Oceanfront, Newport Beach

$7,250,000

0 Beds
0 Baths
5,850 Sqft
.15 Acres
0 Garages

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

Essential Information
MLS® #NP19257387
Price$7,250,000
Bathrooms0.00
Square Footage5,850
Acres0.15
Year Built1971
TypeResidential Income
StyleSee Remarks
StatusActive
Community Information
Address900 E Oceanfront
AreaBalboa Peninsula (NP)
CityNewport Beach
CountyOrange
StateCA
Zip Code92661
Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities
Parking Spaces8
Is WaterfrontYes
Waterfront

Lot has Beach Access, Beach Front, Lot has Ocean Access, Ocean Front

Interior
HeatingForced Air
CoolingNone
# of Stories2
StoriesTwo
Appliances

Dishwasher, Microwave, Refrigerator, Barbecue, Electric Cooking, Electric Oven, Electric Range, Electric Stove, Range/Stove Hood, Electric Dryer Hookup

Exterior
Lot Description6-10 Units/Acre, Park Nearby
RoofComposition
FoundationConcrete Slab
Additional Information
Date ListedNovember 5th, 2019
Days on Market241
Listing Details
AgentArt White(01905655)
OfficeWhite Sail Realty
Property History
Price Reduced from $7,500,000 to $7,250,000

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Based on information from California Regional Multiple Listing Service, Inc. as of July 4th, 2020 at 2:11pm PDT. 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.

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