Listing Courtesy of: CRMLS / Pacific Sotheby's Int'l Realty / Amelie Mason / Nicolai Glazer - Contact: 949-287-1021
1504 W Oceanfront 5 Newport Beach, CA 92663
Active (234 Days)
$29,950,000 (USD)
Description
MLS #:
NP25023424
NP25023424
Lot Size
5,000 SQFT
5,000 SQFT
Type
Multifamily
Multifamily
Year Built
1962
1962
Views
Panoramic, City Lights, Ocean, Bay, Coastline, Courtyard, Marina, Pier
Panoramic, City Lights, Ocean, Bay, Coastline, Courtyard, Marina, Pier
School District
Newport Mesa Unified
Newport Mesa Unified
County
Orange County
Orange County
Community
Balboa Peninsula (Residential) (Balp)
Balboa Peninsula (Residential) (Balp)
Listed By
Amelie Mason, DRE #02028221 CA, Pacific Sotheby's International Realty, Contact: 949-287-1021
Nicolai Glazer, DRE #01857997 CA, Pacific Sotheby's International Realty
Nicolai Glazer, DRE #01857997 CA, Pacific Sotheby's International Realty
Source
CRMLS
Last checked Nov 7 2025 at 8:52 PM GMT+0000
CRMLS
Last checked Nov 7 2025 at 8:52 PM GMT+0000
Bathroom Details
- Full Bathrooms: 6
Interior Features
- Bar
- Balcony
- Beamed Ceilings
- Laundry: Gas Dryer Hookup
- Laundry: Electric Dryer Hookup
- Cathedral Ceiling(s)
- Laundry: Common Area
- Multiple Staircases
Subdivision
- Balboa Peninsula (Residential) (Balp)
Lot Information
- Corner Lot
Property Features
- Fireplace: Living Room
- Fireplace: Primary Bedroom
Heating and Cooling
- Dual
- Zoned
- Central Air
Utility Information
- Utilities: Water Connected, Sewer Connected, Water Source: Public
- Sewer: Public Sewer
Parking
- Garage
Living Area
- 7,609 sqft
Additional Information: Pacific | 949-287-1021
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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.