2202 W Oceanfront, Newport Beach, CA 92663

$5,990,000

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List Price
$5,990,000
Price Change
▼ $1,000,000 1779316225
Status
ACTIVE
MLS#
PW26096193
Year Built
1961
Lot Size
3,049
Acres
0.07
Lot Location
2-5 Units/Acre
Days on Market
82
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
West Newport Beach (Wsnb)

Property Description

Experience coastal living at its finest. This rare Oceanfront Four-Plex is in the Heart of Newport Beach. This exceptional multi-family property offers four distinct units with strong income potential, including approved short-term rental permits—perfect for investors, vacation rental operators, or those seeking flexible beachside living. Built in 1961 and situated on a prime lot, the property features approximately 3,400 square feet of living space across its units, with 4-car garages for convenient parking and storage. Unit Breakdown: • Unit A: Spacious 2-bed / 2-bath — ideal for longer-term tenants or families. • Units B & C: Cozy 1 bed / 1 bath each — perfect for singles, couples, or short-term guests. • Unit D: Unique 1-bed / 1-bath loft — offering extra character and appeal. The property’s standout location places residents just a short walk from the sand, surf, and the iconic Newport Pier. Wake up to ocean breezes, panoramic views toward Catalina Island, and endless coastal charm right outside your door. Prime Location & Lifestyle Amenities: Newport Beach delivers world-class coastal living with more than eight miles of beaches, from soft sands perfect for sunbathing and swimming to legendary surf spots. Stroll to the Newport Pier for fishing, people-watching, the Dory Fleet Fish Market, or casual seaside dining. Nearby highlights include: • Balboa Peninsula & Balboa Pier — with the Fun Zone amusement park, Ferris wheel, arcade, and ferry rides to Balboa Island. • Balboa Island — charming shops, waterfront eateries, and iconic frozen bananas. • Fashion Island — upscale shopping, dining, and entertainment just minutes away. • Crystal Cove State Park and Corona del Mar State Beach — for scenic hikes, tide pools, and more pristine coastline. • Upper Newport Bay Nature Preserve — offering kayaking, birdwatching, and trails. • Abundant water activities: sailing, paddleboarding, whale watching, surfing lessons, and yacht charters in the harbor. This oceanfront four-plex combines timeless beach appeal with modern investment versatility. Whether generating income through short-term rentals or enjoying the units personally, it’s a gateway to the relaxed yet vibrant Newport Beach lifestyle. Don’t miss this opportunity to own a piece of Southern California paradise!

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$375,832
Operating Expense
55013

Listing courtesy of Listing Agent: Chiron Stewart (chiron.s@leftcoastreg.com) from Listing Office: Chiron Stewart, Broker.

Mortgage Calculator

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.