1003 Balboa Boulevard, Newport Beach
$7,999,000 - 9 Beds, 8 BathsMLS® # OC24048827
Pacific Sotheby's Int'l Realty
506 Oceanfront, Newport Beach
$6,500,000
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7 Beds
6 Baths
.06 Acre
2 Garages
Once in a lifetime opportunity! For the 1st time in over 35 years, 506 E. Oceanfront is NOW available to add to your investment portfolio as an investment asset or, utilize it for your future primary residence (or both as its zoned as a Duplex).
These assets customarily never hit the market and become generational properties! Don't Hesitate. Don't let this unique opportunity pass you by.
Located in the heart of the Balboa Peninsula! Wake up and choose the Bike Path in front, the volleyball courts, or enjoy the sand and Pacific Ocean - all just steps away.
If you choose to take a short stroll, you are immediately in the heart of all the action. Just steps to the pier, local restaurants, and plenty of parking for your guests as the city parking facilities are also just steps away. Not too many places along the California Coastline could offer this much opportunity.
Current unit mix (Unit A) is a Three Bedroom Two Bath unit - potentially set up to sleep 9 Guests, and Unit B as a 4 bedroom 2 1/2 Bath unit that is potentially set up to sleep 12 Guests... Imagine having 21 guests at your Beach Front Oasis!
Essential Information
- MLS® #
- SB24045420
- Price
- $6,500,000
- Bedrooms
- 7
- Bathrooms
- 6.00
- Acres
- 0.06
- Year Built
- 1973
- Type
- Residential Income
- Sub-Type
- Duplex
- Status
- Active
Community Information
- Address
- 506 Oceanfront
- Area
- NP - Balboa Peninsula
- City
- Newport Beach
- County
- Orange
- Zip Code
- 92661
Subdivision
Balboa Peninsula (Residential) (BALP)
Amenities
- Parking Spaces
- 3
- # of Garages
- 2
- View
- Ocean, Water, Pier
- Pool
- None
Waterfront
Beach Access, Ocean Access, Beach Front, Ocean Front
Interior
- Appliances
- Dryer, Washer
- # of Stories
- 2
- Stories
- Two
Exterior
- Lot Description
- 0-1 Unit/Acre
Additional Information
- Date Listed
- March 5th, 2024
- Days on Market
- 53
Listing Details
- Agent
- David Holstein
- Office
- The Holstein Group
LISTING MAP
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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 10:10am 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.