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This is a rare opportunity to own a highly sought after investment property in great condition; located directly on the strand, with the boardwalk out in front of the property, in the "Oceanaire" lots in Newport Beach! 1 house from the sand. This is a large two story duplex with two bedrooms, one bath, and a large front patio on the first floor. The second floor has four bedrooms, two baths, with front and rear balconies. There is a community laundry room and two car garage + carport, as well as the potential to park two additional cars behind the garage. 5-6 car parking! This duplex is currently rented on a yearly basis for the upper unit only with below market rent. Property lends itself to short term, seasonal or long term rentals. The property also has preliminary plans for 2 condos or a huge 3 story SFR. This prime location is within close proximity to local shops, restaurants, and all that the world famous Peninsula has to offer.
Listing agent: Christopher Parr DRE #01272772 chrisparr@sbcglobal.net, Listing office: Teles Properties, Inc.
MLS data updated 10/31/2026, 1:48:24 PM PT
Source: CRMLS, MLS #: NP15210276
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 30, 2015
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92663 · Oct 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.