Major price reduction! Welcome to 306 East Oceanfront - a two cottage duplex, each with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!
Sold for $4,950,000 on 04/19/24
Listing Provided by:
Kimberly Bibb DRE #01210754 714-396-0185,
Pacific Sotheby's Int'l Realty
Bought with: Compass
$4,950,000
306 E Oceanfront, Newport Beach, CA 92661
3beds
800sqft
Duplex
Built in 1922
2,400 Square Feet Lot
$5,379,700 Zestimate®
$6,188/sqft
$5,548 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 19, 2024 at 09:57am
Listing Provided by:
Kimberly Bibb DRE #01210754 714-396-0185,
Pacific Sotheby's Int'l Realty
Bought with:
Tara McNabb, DRE #01871729
Compass
Source: CRMLS,MLS#: NP24028668
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Fireplace(s)
Cooling
- None
Appliances
- Included: Refrigerator
- Laundry: In Garage
Features
- Breakfast Bar, Separate/Formal Dining Room
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Dining Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Enclosed, See Remarks
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Beach Front, Ocean Front
Lot
- Size: 2,400 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 04808208
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Newport Beach
- Subdivision: Balboa Peninsula (Residential) (Balp)
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$5,379,700