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2212 W Oceanfront, Newport Beach, CA, 92663

5beds
5baths
3,002sqft
$5,795,000
$1,930price/sqft
$35,558/moest. monthly cost
$1,422,320/yrincome needed

About This Home

Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. With amazing Catalina Island, Ocean, and Pier views, along with Coastal breezes and a highly walkable location, the property provides convenient access to nearby Lido Village, the Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions. This area is positioned among the closest residential neighborhoods to the ocean on the Peninsula. The property also presents potential future upside with zoning allowing for a third level and/or mixed-use configuration, subject to city approval and Buyer verification. Also appealing to investors seeking short-term lodging opportunities, subject to required permits, and currently represents one of the most attractive price-per-square-foot opportunities among oceanfront residential income properties on the Peninsula. Recently remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining. First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms. Second Floor Unit: Open-concept living area with kitchen, balcony, and rear patio, featuring 2 bedrooms and 3 bathrooms. Each unit includes an attached garage, additional parking space, indoor laundry, and storage. Nearby amenities include surfing, paddleboarding, boating, yacht charters, biking paths, Fashion Island, Crystal Cove State Park, and the vibrant Newport Harbor lifestyle. Whether used as a second home, income property, or long-term investment, this duplex offers a rare opportunity in one of the Peninsula’s most desirable oceanfront locations. Rear Patio furniture and third-level addition shown are renderings for illustration purposes only.

Getting Around

87
WalkingVery Walkable
32
TransitSome Transit
67
BikeBikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1965

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Features

  • Balcony,Open Floorplan,Recessed Lighting,Storage
  • Window features: Blinds
  • Flooring: Laminate
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 3,002
  • Total interior livable area: 3,002 sqft

Property

Details

  • Parcel number: 04714327
  • Special condition: Standard
  • Exclusions: Furniture and personal belongings

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Ground
  • Pool features: None
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: Coastline,Ocean,Panoramic,Pier,Water
  • Has water view: Yes
  • Water view: Coastline,Ocean,Pier,Water
  • Waterfront features: Across the Road Water Frontage,Beach Access,Ocean Side Of Freeway,Ocean Side Of Highway

Lot

  • Lot size: 3,049 sqft
  • Features: Street Level

Parking

  • Total spaces: 4
  • Parking features: Covered,Door-Multi,Direct Access,Driveway,Garage,Paved,Garage Faces Rear,One Space
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2