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2202 W Oceanfront

Newport Beach, CA 92663
  • $6,990,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: PW26096193
UPDATED: 49 min ago
$6,990,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Chiron Stewart of Chiron Stewart, Broker (949-293-1174)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T13:33:57.157. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/176186958
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2202 W Oceanfront Newport Beach, CA 92663

  • Price: $6,990,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 49 min ago
  • ID#: PW26096193
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1961
Built
Neighborhood:
West Newport Beach (Wsnb)
County:
Orange
Area:
N8 - West Newport - Lido
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!
Exterior Features

Entry Level 1 Entry Location front Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features BikingCurbsFishingStorm Drain(s)Street LightsSidewalksWater Sports Electric Expense 473.43 Garage YN Yes Gross Income 0 Gross Scheduled Income 375832 Insurance Expense 1700 Land Lease YN No Laundry Features Washer HookupElectric Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeVA Loan Net Operating Income 320818.4 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 55013.5 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 340 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T13:33:57.157. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Chiron Stewart of Chiron Stewart, Broker (949-293-1174)