$4,950,000
$5,095,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
800 SqFt
SOLD DATE : 04/19/2024
Key Details
Sold Price $4,950,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $6,187
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP24028668
Sold Date 04/19/24
Bedrooms 3
Three Quarter Bath 2
HOA Y/N No
Year Built 1922
Lot Size 2,400 Sqft
Property 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 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!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 1
Interior
Interior Features Breakfast Bar, Separate/Formal Dining Room
Heating Fireplace(s)
Cooling None
Flooring Wood
Fireplaces Type Dining Room
Fireplace Yes
Appliance Refrigerator
Laundry In Garage
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Waterfront Description Beach Front,Ocean Front
View Y/N Yes
View Ocean, Water
Porch Enclosed, See Remarks
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04808208
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Tara McNabb • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "