1402 W Oceanfront, Newport Beach, CA


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Square feet



Listing Agent
Tara Mcnabb - Compass

About 1402 W Oceanfront

PRELIMINARY PLANS TO EXPAND UP TO 3800 SF! This large multi-family lot allows you to develop a spectacular, oceanfront owners unit PLUS an ADU in the back of the property. Ideal for primary or second home owners that desire to offset annual costs with rental income from the ADU. The property comes complete with two highly coveted active short-term-rental permits from the city of Newport Beach, this oceanfront property on an extra large lot is located right on the sand and a convenient boardwalk location on the Balboa Peninsula with strong short term rental history. Spectacular beach views are enjoyed from the existing front home, which offers one bedroom and one bathroom in an open-concept single-story floorplan. Enjoy a gated front patio, ocean-view living room, a white dine-in kitchen, laundry porch, luxury vinyl plank flooring and crown molding. An additional two-level home at the back of the property features three bedrooms and two baths. Walk across the sand to beach volleyball courts, playground, 15th street Surf Shop, Fry's Market or explore nearby Marina Park, the Fun Zone, Newport Beach’s famous pier, and the upscale shops and restaurants at Lido Marina Village. Surfing, golf, Fashion Island, movie theaters and more are all moments away. LOTS OF OPPORTUNITES to renovate and expand the current home to meet your needs and financial objectives! Please also see MLS# OC23207499 in the Multi-family Income Property section of the MLS to learn more about preliminary plans and pro-forma financial analysis to build a new 3822 sf duplex with 1200 sf of decks on this lot!

Features of 1402 W Oceanfront

MLS® # OC23207502
Price $5,995,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 2,400
Acres 0.07
Year Built 1945
Type Residential
Sub-Type Duplex
Status Active

Community Information

Address 1402 W Oceanfront
Area NP - Balboa Peninsula
Subdivision Balboa Peninsula (Residential) (BALP)
City Newport Beach
County Orange
State CA
Zip Code 92661


Parking Spaces 2
Parking Direct Access, Garage, Garage Faces Rear
# of Garages 2
Garages Direct Access, Garage, Garage Faces Rear
View Catalina, City Lights, Coastline, Ocean
Is Waterfront No
Waterfront Beach Front, Ocean Front
Has Pool No
Pool None


Interior Vinyl
Interior Features Bedroom on Main Level
Appliances Dishwasher, Gas Cooktop, Disposal, Microwave
Heating Electric
Cooling None
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 2
Stories One, Two


Lot Description Level, Rectangular Lot

School Information

District Newport Mesa Unified
Elementary Newport
Middle Ensign
High Newport Harbor

Additional Information

Date Listed November 8th, 2023
Days on Market 20
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentTara Mcnabb

Listing Map

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