Oceanfront Triplex with Future
1408 W Oceanfront, Newport Beach, CA 92661
For Sale
$6,600,000
Pending
Rare oceanfront triplex in Newport Beach with development potential.
Property SizeContact for details
Days on Market234
Property Features for 1408 W Oceanfront
General Information
Standard status
Property subtype
Building Details
Year Built
Listing Agency:
TOWER AGENCY
(951) 369-8002
Listed By:
JEFF STOFFEL · License CA #00641878
(951) 906-3768
Source:
Exitrealty
Added: Mar 27
Changed: Nov 6
Last Checked: Nov 6 at 5:47AM
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
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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
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Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
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Business Placement
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
$2,000,001
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Orange County, CA
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Vacancy Rate% for Multifamily in West region
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.**
