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Oceanfront Triplex with Future Potential
For Sale
Contact for pricing
Pending

1408 W Oceanfront, Newport Beach, CA 92661

Rare oceanfront triplex in Newport Beach with development potential.

Property SizeContact for details
Days on Market149

Property Features for 1408 W Oceanfront

General Information

Standard status Pending
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 3
Units 3
Listing Agency: Century 21 Top Producers
Listed By: JEFF STOFFEL · License #00641878
Source: Crexi
Added: Mar 21 Changed: Aug 8 Last Checked: Jul 24 at 4:25PM

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 Century 21 Top Producers

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

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Dental Office Auto Parts Store Building Supply Pharmacy Storage Facility

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

188
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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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
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