1504 W Oceanfront, Newport Beach, CA 92663 – CRNP25025311

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Amelie Mason • Pacific Sotheby's Int'l Realty

$29,950,000

Est. payment - /mo

7,609 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,609 sqft

Price per Sqft $3,936

MLS Listing ID CRNP25025311

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1962

Lot Size 5,000 Sqft

Property Sub-Type Other

Property Description

Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic â€œ15th Street Surf Shopâ€ retail store and an oceanfront restaurant currently under renovation, formerly known as â€œThe Stuft Surferâ€. The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront dec

Location

State CA

County Orange

Interior

Cooling Central Air, Zoned, Other

Fireplace No

Laundry Gas Dryer Hookup, Other

Exterior

View Bay, City Lights, Marina, Panoramic, Other, Ocean

Building

Lot Description Corner Lot

Water Public

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1504 W Oceanfront Newport Beach, CA 92663

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

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