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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1504 W Oceanfront #5 Newport Beach, CA 92663
$27,950,000 6 beds, 6 baths
7, 609 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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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 decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation. 1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.

Listing Details

Property type: Triplex (Single Family)
Status: Active
MLS# NP26015959
List price is $27,950,000
HOA Fee is $0.00
Beds: 6
Baths: 6 (6 full)
Living Room,Primary Bedroom fireplaces
Built in 1962
7,609 sqft
0.11 acres
Lot size: 0.1148
Subdivision: Balboa Peninsula (Residential) (BALP)
County: Orange
Interior features: Beamed Ceilings,Built-in Features,Balcony,Cathedral Ceiling(s),Multiple Staircases,Bar,Bedroom on Main Level
Parking description: Garage
Lot description: ZeroToOneUnitAcre,Corner Lot
Heating/cooling: Central Air,Dual,Zoned
MLS area: NP - Balboa Peninsula

Last Updated: 7/9/2026

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This listing belongs to the NP - Balboa Peninsula MLS area

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Lat/Long: 33.606374, -117.921201.
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Listing Agent: Amelie Mason
Lic#: 02028221
Broker: Courtesy of Pacific Sotheby's Int'l Realty

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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