306 East Oceanfront

Newport Beach, CA 92661

$4,950,000
Last Sold Price
3
Beds
2
Baths
800 Sq. Ft.
$6,188 / Sq. Ft.
800
Sq. Ft.
$6,188
per Sq. Ft.

Description

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...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!
  1. Listed by Kimberly Bibb • DRE #01210754 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty • 714-396-0185

Property Details for 306 East Oceanfront

View
Ocean, Water, White Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
800

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Kimberly Bibb, DRE #01210754

Sold By Compass, Tara McNabb, DRE #01871729

Add your commute
LISTING UPDATED: 04/19/2024 02:57 AM

Property Details for 306 East Oceanfront

StatusClosed
MLS #NP24028668
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1922
Lot Size0.06 AC / 2,400 SF
CountyOrange County

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Kimberly Bibb, DRE #01210754

Sold By Compass, Tara McNabb, DRE #01871729

Add your commute

Building Information for 306 East Oceanfront

Stories2Year Built1922Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$31,745 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,014

Property Taxes

$4,731

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306 East Oceanfront

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 510
  • Tax Census Tract: 628.00
  • CFD/Mello-Roos Fee: $364
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Refrigerator
  • Equipment: Refrigerator
  • Room Type: Kitchen, See Remarks
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: Dining Room
  • Fireplace Rooms: Dining
  • Fireplace: FP in Dining Room
  • Cooling: None
  • Heating: Fireplace(s)
  • Heat Equipment: Fireplace
  • Floor Coverings: Wood
  • Flooring: Wood
Exterior Features
  • Entry Location: 1
  • Structure Type: Duplex
  • View Description: Ocean, Water, White Water
  • Waterfront Features: Beach Front, Ocean Front
  • Patio: Yes
  • Patio: Enclosed, Other/Remarks
  • Patio And Porch Features: Enclosed, See Remarks
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 306 East 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 306 East Oceanfront

Taxable ValueLand$5,200,000Additions$100,000Total$5,300,000
Tax Record2023$56,778 ($4,731 / month)
Home Facts
Beds2Total Finished SqFt601 SqFtAbove Grade Finished SqFt601 SqFtStories1Lot Size2,400 SqFtStyleSingle Family ResidenceYear Built1958CountyORANGEAPN048-082-08

Schools near 306 East 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

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Similar Sold Homes

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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, Kimberly Bibb, DRE #01210754

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.