Oceanfront Mixed-Use Income
For Sale
$27,950,000
1504 W Oceanfront Unit 5, Newport Beach, CA 92663
Oceanfront mixed-use property with three short-term rental-permitted residences, two commercial spaces, and a rooftop deck.
Property SizeContact for details
Days on Market48
Property Features for 1504 W Oceanfront Unit 5
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1962
Listing Agency:
Pacific Sotheby's Int'l Realty
(559) 638-3651
Listed By:
Amelie Mason (amelie@ameliecoastrealty.com)
Source:
Valleyland
Added: Jul 20
Changed: Sep 4
Last Checked: Sep 4 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
Oceanfront mixed-use property offering three separate residential units with short-term lodging permits and two commercial spaces. The residences include a three-bedroom unit, a newly built two-bedroom residence with an office/bonus room, and a newly constructed one-bedroom unit. The commercial component features “15th Street Surf Shop” retail space and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer.” The property also features an expansive 50x50-foot rooftop deck designed for ocean and bay viewing.
Located on the Balboa Peninsula in Newport Beach, the offering sits on a 5,000-square-foot corner lot with 100 feet of ocean frontage and panoramic views spanning from Newport Pier to Balboa Pier.
This five-unit, blended live-and-lease configuration is presented as a mixed-use compound combining permitted short-term lodging with ongoing retail and restaurant use.
Located on the Balboa Peninsula in Newport Beach, the offering sits on a 5,000-square-foot corner lot with 100 feet of ocean frontage and panoramic views spanning from Newport Pier to Balboa Pier.
This five-unit, blended live-and-lease configuration is presented as a mixed-use compound combining permitted short-term lodging with ongoing retail and restaurant use.
Key Highlights
- Mixed‑use oceanfront property on the Balboa Peninsula with 100 ft of ocean frontage and panoramic views from Newport Pier to Balboa Pier
- Approx. 7,609 SF on a 5,000 SF corner lot; features three residential units and two commercial spaces
- Three residential units each have short‑term lodging permits (SLPs) for short‑term rentals
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 92663, CA
20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Oceanfront mixed-use property with three short-term rental-permitted residences, two commercial spaces, and a rooftop deck.
Where is this mixed-use property located?
The property is located at 1504 W Oceanfront Unit 5 Newport Beach, CA.
What is the asking price?
The asking price for this property is $27,950,000.
What are key features of this property?
This property features: Mixed‑use oceanfront property on the Balboa Peninsula with 100 ft of ocean frontage and panoramic views from Newport Pier to Balboa Pier; Approx. 7,609 SF on a 5,000 SF corner lot; features three residential units and two commercial spaces; Three residential units each have short‑term lodging permits (SLPs) for short‑term rentals
