Oceanfront Mixed-Use Income
1504 W Oceanfront Unit 5 Newport Beach, CA 92663
New
1504 W Oceanfront Unit 5, Newport Beach, CA, 92663
$27,950,000
For Sale
$27,950,000
Oceanfront mixed-use property with three short-term rental-permitted residences, two commercial spaces, and a rooftop deck.
Days on Market2
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 ([email protected])
Source
Valleyland
Added: Jul 20 Updated: Jul 21 at 5:05AM Checked: Jul 21 at 5:05AM
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
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
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
