Search
Oceanfront Triplex with Future Potential
For Sale
$6,600,000
Pending

1408 W Oceanfront, Newport Beach, CA 92661

Rare oceanfront triplex in Newport Beach with development potential.

Property SizeContact for details
Days on Market194

Property Features for 1408 W Oceanfront

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 1947
Listing Agency: TOWER AGENCY
Listed By: JEFF STOFFEL · License #00641878
Source: Exitrealty
Added: Mar 22 Changed: Sep 1 Last Checked: Sep 15 at 5:59AM

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 TOWER AGENCY

Investment Insights

Based on property information with market context.

This Newport Beach Boardwalk triplex is situated on an oversized oceanfront lot, presenting flexibility and future potential. The property features three move-in ready units, comprising eight bedrooms and four bathrooms. The layout offers options such as living in the front home with panoramic ocean views while generating income from the rear units, exploring short-term rental possibilities, or creating a beach compound. The property can be used as-is while planning for a future custom-built home. This property is an incredible canvas for a dream home or legacy estate. Oceanfront lots of this size in this location are a limited commodity, with constant demand and endless opportunity for those ready to live their dream with an Oceanfront view.

Key Highlights

  • Rare oceanfront tri‑plex on an oversized lot in Newport Beach.
  • Move‑in ready with three units, eight bedrooms, and four bathrooms.
  • Panoramic ocean views from the front home.**

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Locksmith Dental Office Plumbing Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

615
Businesses Nearby

Demographics for 92661, CA

3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Rare oceanfront triplex in Newport Beach with development potential.
Where is this triplex located?
The property is located at 1408 W Oceanfront Newport Beach, CA.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: Rare oceanfront tri‑plex on an oversized lot in Newport Beach.; Move‑in ready with three units, eight bedrooms, and four bathrooms.; Panoramic ocean views from the front home.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message