700 E Ocean Front, Newport Beach, CA 92661

Property Description

Located in the heart of the Balboa Village, this Boardwalk Corner Duplex is the LOWEST Priced OCEANFRONT property in Newport. Walk down the boardwalk and you are on the pier or on the sand. Currently operated as a vacation rental, the property has amazing income potential. The kitchens and bathrooms were remodeled in 2006 with high end materials. The upper 3 bdrm. 2 bath unit boasts a huge sun-soaked deck with panoramic views of the Pacific Ocean, Catalina Island and Palos Verdes. The upper unit also has a spacious open floor plan, with fireplace, flat screen TV and tile flooring, perfect for beach living. The kitchen has granite counter tops with stainless steel appliances, along with a spacious walk in pantry. Bathrooms have granite counter tops, and custom tile. The lower unit 1 bdrm 1 bath has the same upgrades and materials as well as a huge raised deck to give an almost birds eye view of the boardwalk and passers by. Each unit has a new washer/dryer inside, double pane windows, Air Conditioning, and hard-lined BBQs. Giant 4 car sunken garage with tons of storage, and total parking for 5 Cars. Enjoy this iconic location, next to the Balboa Pier and Park, Fun Zone, and the Ferry to Balboa Island. Also close to the Wedge, Catalina Flyer and the Newport Harbor Yacht Club. This is Boardwalk living at its finest! This is a must see. Proforma available upon request. (R2 zoning.)