Newport Beach, CA 92663,1504 W Oceanfront 5
Newport Beach, CA 92663,1504 W Oceanfront 5
Newport Beach, CA 92663,1504 W Oceanfront 5
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Listed by Amelie Mason • Pacific Sotheby's Int'l Realty
$27,950,000
Est. payment /mo
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6 Beds
6 Baths
7,609 SqFt
New

1504 W Oceanfront 5 Newport Beach, CA 92663

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Alex Kononoff

Alex Kononoff

+1(650) 207-5341

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,609 sqft

Price per Sqft $3,673

MLS Listing ID CRNP26015959

Bedrooms 6

Full Baths 6

Year Built 1962

Lot Size 5,000 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic "15th Street Surf Shop" retail store and an oceanfront restaurant currently under renovation, formerly known as "The Stuft Surfer". The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Family Room Other

Interior

Cooling Central AC, Other, 9

Fireplaces Type Living Room, 20

Laundry Laundry Area, 38

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool None, Other

View Bay, Marina, Local/Neighborhood, Ocean, Panoramic, Water, City Lights

Building

Story Split Level

Water District - Public

Others

Tax ID 04721128

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.
SCHOOLSPROPERTIES
Elementary Schools 14
  • 10

    John H. Eader Elementary School

    Public | KG - 5

  • 10

    Eastbluff Elementary School

    Public | KG - 6

  • 9

    Newport Elementary School

    Public | KG - 6

  • 8

    Newport Heights Elementary School

    Public | KG - 6

  • 8

    Mariners Elementary School

    Public | KG - 6

  • 8

    Kaiser Elementary School

    Public | 3 - 6

  • 5

    Pomona Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 3

    Whittier Elementary School

    Public | KG - 6

  • 1

    Rea Elementary School

    Public | KG - 6

  • 0

    St Joachim Elementary School

    Private | PK - 8

  • 0

    Woodland Child Devt Center

    Private | PK - 6

  • 0

    Woodland Elementary School

    Public | KG - 2

  • 0

    Our Lady Queen of Angels School

    Private | KG - 8

Middle Schools 2
  • 10

    Corona Del Mar Middle and High School

    Public | 7 - 12

  • 7

    Ensign Intermediate School

    Public | 7 - 8

High Schools 2
  • 8

    Newport Harbor High School

    Public | 9 - 12

  • 0

    Newport Academy Day School

    Private | 9 - 12

School and business data provided by Attom Data.
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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1504 W Oceanfront 5