1628 W Oceanfront

Newport Beach, CA 92663
Beds
13
Baths
11
Square Ft.
5,123
$12,995,000
Unique opportunity to own a fully renovated 11 unit oceanfront vacation rental property that feels like a first class boutique hotel. Welcome to 1628 West Oceanfront, with nine highly sought-after short-term rental permits make it easy to experience investment returns with a projected 4.3% cap rate, create aRead MoreRead Less
Property listed by Compass, Tara McNabb [email protected]
Listing Snapshot
Days Online
5
Last Updated
May 16, 2024
Property Type
Single Family Residence
Beds
13
Full Baths
11
Square Ft.
5,123
Lot Size
0.08 Acres
Year Built
1931
MLS Number
OC24086243
30 Days Snapshot Of 92663
$3.43M
+3%
(avg) sold price
16
-20%
homes sold
55
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Levels: Two, Living area: 5123, 2 stories, Common walls: NoCommonWalls
Community
Sidewalks
Cooling
None
Fireplaces
None
Garage
4 spaces
Laundry
CommonArea
Lot
0.08 acres, 3,485 square feet, Size: 3,485, CornerLot, Level
Parking
4 totals parking, Assigned
Pool
None
Property
Catalina, Coastline, Ocean, BeachAccess, BeachFront, OceanFront
Sewer
PublicSewer
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Based on information from California Regional Multiple Listing Service, Inc. as of May 16, 2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.