306 E Oceanfront, Newport Beach, CA 92661
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306 E Oceanfront Newport Beach, CA 92661

$5,000
  • 1 Beds
  • 1 Baths
  • 350 Sq.Ft.
For Lease
$5,000 Get Pre-Qualified

Map preview of 306 E Oceanfront, Newport Beach, CA 92661

Property Overview: 306 E Oceanfront Newport Beach, CA has 1 bedrooms, 1 bathrooms, 350 living square feet and 2,400 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 306 East Oceanfront #A - This front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. The unit has a large enclosed front patio with built-in BBQ and plenty of lounge space, garage parking for 1 vehicle, and a stacked washer/dryer on-site. The property provides a unique opportunity for anyone wanting to experience the Newport Beach lifestyle. Available immediately, and up to a 1-year lease. Unfurnished or furnished option.

Listed by Omar Renteros | BRE #01295825 | Beachview, Inc.
Last checked: 1 minute ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
2,400
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
NP24080434
City
Newport Beach
County
Orange
Time on Site
2 days

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Property Details for 306 E Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Fireplace(s), Natural Gas
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Washer Included
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage Faces Rear
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Coastline, Water
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04808208
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: E Balboa Blvd / Coronado St
Neighborhood Information
  • Community Features: Biking, Sidewalks, Suburban
View more facts & features

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Sale History for 306 E Oceanfront

Last sold for $4,950,000 on April 19th, 2024
  • April, 2024

  • Apr 22, 2024

    Date

    Active

    CRMLS: NP24080434

    $5,000

    Price

  • April, 2024

  • Apr 19, 2024

    Date

    Sold

    CRMLS: NP24028668

    $4,950,000

    Price

  • Feb 13, 2024

    Date

    Active

    CRMLS: NP24028668

    $5,550,000

    Price

  • Listing provided courtesy of CRMLS

    Major price reduction! Welcome to 306 East Oceanfront - a two cottage duplex, each with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!

  • December, 2023

  • Dec 11, 2023

    Date

    Canceled

    CRMLS: NP23152800

    $4,000

    Price

  • Aug 16, 2023

    Date

    Active

    CRMLS: NP23152800

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    306 East Oceanfront #A is a unique furnished rental opportunity located on the sand in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in this adorable one bedroom one bath front cottage with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk and enjoy the ocean breeze. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. This is truly a one of a kind lease offering in a landmark location on the sand!

  • December, 2023

  • Dec 11, 2023

    Date

    Canceled

    CRMLS: NP23066090

    $5,565,000

    Price

  • May 1, 2023

    Date

    Active

    CRMLS: NP23066090

    $5,565,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 306 East Oceanfront a two cottage duplex, with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!

  • April, 2023

  • Apr 27, 2023

    Date

    Leased

    CRMLS: NP22252510

    $4,900

    Price

  • Dec 7, 2022

    Date

    Active

    CRMLS: NP22252510

    $5,900

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 306 East Oceanfront #B, a charming furnished coastal cottage situated above the garage with no common walls in one of the most desirable areas of Southern California, the Balboa Peninsula. A two bedroom, one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind lease opportunity in a landmark location on the sand!

  • March, 2023

  • Mar 20, 2023

    Date

    Active

    CRMLS: NP23045851

    $4,100

    Price

  • Mar 20, 2023

    Date

    Leased

    CRMLS: NP23045851

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    306 East Oceanfront #A is a unique furnished rental opportunity located on the sand in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in this adorable one bedroom one bath front cottage with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk and enjoy the ocean breeze. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. This is truly a one of a kind lease offering in a landmark location on the sand!

  • December, 2022

  • Dec 15, 2022

    Date

    Leased

    CRMLS: NP22252440

    $3,800

    Price

  • Dec 7, 2022

    Date

    Active

    CRMLS: NP22252440

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    306 East Oceanfront #A is a unique furnished rental opportunity located on the sand in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in this adorable one bedroom one bath front cottage with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk and enjoy the ocean breeze. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. This is truly a one of a kind lease offering in a landmark location on the sand!

  • October, 2022

  • Oct 3, 2022

    Date

    Sold

    CRMLS: NP22082420

    $5,300,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: NP22082420

    $5,895,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 306 East Oceanfront a two cottage duplex situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bath floor plan with a spacious kitchen, dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. This duplex is an active short term rental. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a offering in a landmark location on the sand!

  • October, 2017

  • Oct 31, 2017

    Date

    Leased

    CRMLS: NP17213135

    $3,000

    Price

  • Sep 14, 2017

    Date

    Active

    CRMLS: NP17213135

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    This upstairs property features a private outdoor deck, downstairs patio, flat screen TV and Two bedrooms. The living room has 1 couch, coffee table, 2 armchairs, doors that lead to the outdoor deck and a flat screen TV. There is a dining room table that seats Four. The kitchen is bright and airy with white tile counter-tops, stove and plenty of counter and cabinet space. The outdoor deck has a table that seats three, umbrella and a BBQ, great for relaxing and watching the sunset! There is a downstairs patio that has seating for Four. There are 2 bedrooms that have queen platform beds and a closet. There is a compact bathroom with bright white tile and a roomy walk-in shower.

  • March, 2017

  • Mar 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,500,000

    Price

  • June, 2003

  • Jun 26, 2003

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

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Tax History for 306 E Oceanfront

Assessed Value (2020): $3,714,228
Year Land Value Improved Value Assessed Value
2020 $3,665,493 $48,735 $3,714,228

Home Value Compared to the Market

This property vs the competition

306 E Oceanfront is currently listed for lease in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,800 for the down payment and will need roughly $85,980 for closing costs on top of the down payment.

About 306 E Oceanfront

Detailed summary of property

306 E Oceanfront is a duplex for lease located in Newport Beach, CA 92661. This duplex offers 1 bedrooms, 1 bathrooms, roughly 350 living square feet, and sits on an approximately 2,400 square foot lot. 306 E Oceanfront was first listed on ArdentRealEstateGroup.com on April 23, 2024. The homeowner is currently asking $5,000. Local homes that are currently for sale include 615 E Balboa, 615 E Balboa #A and 301 Lindo Ave. While the average home in Newport Beach, CA is selling in 75 days, 306 E Oceanfront has a days on market of 2 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for lease at 306 E Oceanfront Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 306 E Oceanfront

Public county record property details
Beds
2
Baths
1
Year built
1958
Sq. Ft.
601
Lot Size
2,649
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
4
APN
048-082-08

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 306 E Oceanfront

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.