1624 West Oceanfront

Newport Beach, CA 92663

$5,500,000
Last Sold Price
5
Beds
5
Baths
3,039 Sq. Ft.
$1,810 / Sq. Ft.
3,039
Sq. Ft.
$1,810
per Sq. Ft.

Description

Quintessential oceanfront duplex beach home in turn-key condition. A wonderful opportunity to own between the piers and on the sand along one of Southern California’s most favored stretches of shoreline. Generously proportioned, turn-key three bedroom, three bath upper-level owner’s unit is accented by abundant millwork, vaulted ceilings, hardwood floors, and new carpet and paint throughout. It features two fireplaces, an eat-in kitchen nook, separate laundry room, elevator, and spectacular roof...Quintessential oceanfront duplex beach home in turn-key condition. A wonderful opportunity to own between the piers and on the sand along one of Southern California’s most favored stretches of shoreline. Generously proportioned, turn-key three bedroom, three bath upper-level owner’s unit is accented by abundant millwork, vaulted ceilings, hardwood floors, and new carpet and paint throughout. It features two fireplaces, an eat-in kitchen nook, separate laundry room, elevator, and spectacular roof top terrace with spa, BBQ area and panoramic 360-degree views up-and-down the coastline, and capturing bay front and city light views, as well. The spacious lower level two bedroom, two bath unit has been remodeled and features a cozy brick-accented fireplace, private laundry and a large oceanfront terrace adjacent to the boardwalk. Central air conditioning, a dumbwaiter, and a four car parking complete this fabulous R-2 lifestyle opportunity. Ideally suited as either a short-term rental income property, or perfect for an owner/user to enjoy the large upper unit while benefitting from rental income below. Located in the heart of Balboa, across from Marina Park and just a short bike ride from myriad restaurants, shops, the Fun Zone and the Balboa Island Ferry.
  1. Listed by Tara Foster Shapiro • DRE #01892201 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty

Property Details for 1624 West Oceanfront

View
Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Air, Zoned
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Lot Size Dimensions
30x103

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Tara Foster Shapiro, DRE #01892201

Sold By White Sail Realty, Julia Morton, DRE #02016387

Add your commute
LISTING UPDATED: 10/22/2020 02:38 AM

Property Details for 1624 West Oceanfront

StatusClosed
MLS #NP20113848
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1974
Lot Size0.07 AC / 3,049 SF
CountyOrange County

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Tara Foster Shapiro, DRE #01892201

Sold By White Sail Realty, Julia Morton, DRE #02016387

Add your commute

Virtual Tour

Building Information for 1624 West Oceanfront

Stories3Residences-Year Built1974Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$35,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,016

Property Taxes

$5,131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1624 West Oceanfront

Rental Info
Rental Info
  • Tenant Pays: See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Cash to New Loan
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 16
  • Tax Tract Number: 515
  • Tax Census Tract: 628.00
  • Tax Lot: 12
Community / Development
Community / Development
  • Accessibility Features: Accessible Elevator Installed, See Remarks
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Watersports, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Interior Features: 2 Staircases, Balcony, Beamed Ceilings, Built-in Features, Chair Railings, Crown Molding, Elevator, High Ceilings
  • Room Type: See Remarks
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Laundry Location: Laundry Room, Inside
  • Fireplace Features: Living Room, Master Bedroom, See Remarks
  • Fireplace Rooms: Living Room, Master Bedroom, Other
  • Fireplace: FP in Living Room, FP in Master BR, Other/Remarks
  • Cooling: Central Air, Zoned
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Zoned, Forced Air, Natural Gas
  • Heat Equipment: Zoned Areas, Forced Air Unit
  • Flooring Type: Carpet, Stone, Wood
  • Floor Coverings: Carpet, Stone, Wood
  • Flooring: Carpet, Stone, Wood
  • Virtual Tour URL Branded: https://www.1624woceanfront.com/
Exterior Features
  • Exterior Features: Barbecue Private
  • Structure Type: Duplex
  • Property Condition: Turnkey, Updated/Remodeled
  • Miscellaneous: Elevators/Stairclimber, Storm Drains, Urban
  • View Description: Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Waterfront Features: Beach Front, Navigable Water, Ocean Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: Roof Top
  • Spa: Roof Top
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Level with Street
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Garage - 1 Car
  • Parking Non-Garage: See Remarks
  • Parking Garage Spaces: 3
  • Parking Garage: Tandem, Direct Garage Access, Garage - Single Door
  • Carport Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, See Remarks, Tandem Garage
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 2

Property History for 1624 West Oceanfront

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1624 West Oceanfront

Taxable ValueLand$5,202,000Additions$520,200Total$5,722,200
Tax Record2023$61,567 ($5,131 / month)
Home Facts
Total Finished SqFt2,670 SqFtAbove Grade Finished SqFt2,670 SqFtStories2Lot Size3,074 SqFtStyleDuplexYear Built1974CountyORANGEAPN047-202-27

Schools near 1624 West Oceanfront

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Pacific Sotheby's Int'l Realty, Tara Foster Shapiro, DRE #01892201

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.