1628 W Oceanfront | Los Angeles | State of California | Prices, Plans, Availability

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1628 W Oceanfront

USD 13,500,000

Property ID: OC24013329

1628 W Oceanfront ,92663

3485 SqFt

Built in 1931

USD 3874/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

5123

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1931

Detailed Introduction Of This Home

Unique opportunity to acquire an unparalleled property on the prestigious Balboa Peninsula. Situated ideally between the Balboa Pier and Newport Pier, this boutique hotel is configured with (7) studios, (2) 1 bed / 1 bath units, and (2) 2 bed / 1 bath units, four of which boast captivating ocean views. Recently renovated, each unit showcases distinctive designs with upgrades including quartz countertops, new cabinetry, vinyl flooring, custom tiled showers, recessed lighting, and dual-pane windows. The property, resting on an oversized 35-foot wide corner lot, comes with an impressive 9 STR permits transferrable to the new owner. Whether for short-term rentals or as a family compound, this is a once-in-a-lifetime generational opportunity in Newport Beach, offering close proximity to Marina Park, McFadden Square, Balboa Fun Zone, Newport/Balboa Piers, fine dining, and some of the best ocean views the area has to offer.

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