514 E Oceanfront, Newport Beach, CA 92661
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514 E Oceanfront Newport Beach, CA 92661

$2,700 Leased Price as of 06/28/2020
  • 2 Beds
  • 2 Baths
  • 800 Sq.Ft.
Leased
$2,700 Leased Price as of 06/28/2020 Refinance Your Mortgage

Map preview of 514 E Oceanfront, Newport Beach, CA 92661

Property Overview: 514 E Oceanfront Newport Beach, CA has 2 bedrooms, 2 bathrooms, 800 living square feet and 5,227 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Location! Beach Living with ocean views all just steps away from the sand at a bargain price in Newport Beach! Enjoy the fresh OCEAN BREEZE from this Upstairs 2 Bedroom 2 Bath SINGLE Level OCEAN VIEW Unit. Upgraded Travertine Stone flooring through out with nicely remodeled bathrooms. While the Kitchen is Small, you'll find it highly functional for minimal needs and features a nice beach view from the window. Enjoy views of the beach from living room or go outside where you're located in the highly walkable Balboa pier location with entertainment, nightlife, restaurants, dining and food options of many types and more all just a short walk away.. The Master Bedroom features its own private entrance! On site Coin Laundry just across the communal lounge area. Theres a Large shared Courtyard with BBQ, Tables and Chairs and out door shower. No Parking Included.. but can easily access the Newport Beach parking areas by purchasing a pass or just use street parking just a short walk away... Can't beat the location!! - Near the Balboa Pier and the Balboa Ferry! ** Yearly Lease - NO PETS - NO SMOKING **

Listed by Kimberlee Drake | BRE #01068050 | Compass
Co-listed by Brendon Krainer | BRE #01993528 | Compass
Last checked: 15 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
5,227
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Apartment
Status
Leased
MLS#
NP20084839
City
Newport Beach
County
Orange
Time on Site
1382 days

Property Details for 514 E Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Outside
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Flooring: Stone
  • All Bedrooms Down, Galley Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio Open, Terrace
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Ocean, Pier
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 1
  • Parcel Number: 04812208
  • Year Built Source: Public Records
  • Architectural Style: Custom Built
  • Property is Attached
  • Accessibility Features: No Interior Steps
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Amenities: Barbecue
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
Schools
School Information
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Commercial) (BPCD)
  • Directions: Balboa Blvd. to Palm - Near Balboa Pier Parking Lot
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban
View more facts & features

Local Newport Beach Agent

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Sale History for 514 E Oceanfront

Last leased for $2,700 on June 28th, 2020
  • June, 2020

  • Jun 28, 2020

    Date

    Leased

    CRMLS: NP20084839

    $2,700

    Price

  • May 4, 2020

    Date

    Active

    CRMLS: NP20084839

    $2,700

    Price

  • June, 2020

  • Jun 15, 2020

    Date

    Leased

    CRMLS: NP20110732

    $2,500

    Price

  • Jun 13, 2020

    Date

    Active

    CRMLS: NP20110732

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    AMAZING NEWPORT BEACH BALBOA PIER LOCATION! Bring your creativity and have your store on one of the busiest streets on the Balboa Peninsula. This commercial space is situated on the corner of Oceanfront and Palm Street right off Boardwalk a few steps from the water. This space can be used as an office or retail. This is an awesome commercial lease for your business OR a perfect place for work/live office situation here is a 2 bedroom 2 bath residential unit upstairs for lease as well for only 2700/mo. Capture the high flow of traffic for your business and lease a prime location just steps from the beach and right on the boardwalk. Close to the Balboa Ferry and Fun zone, Catalina Flier, Davey's locker etc . All just steps away.

  • May, 2019

  • May 25, 2019

    Date

    Leased

    CRMLS: NP19084610

    $2,700

    Price

  • May 19, 2019

    Date

    Active

    CRMLS: NP19084610

    $2,700

    Price

  • May 18, 2019

    Date

    Hold

    CRMLS: NP19084610

    $2,700

    Price

  • Apr 20, 2019

    Date

    Active

    CRMLS: NP19084610

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! ... LIVE on the OCEANFRONT at a bargain price in Newport Beach! ... Enjoy the OCEAN Breeze from this Upstairs 2 Bedroom 2 Bath SINGLE Level OCEAN VIEW Unit. Upgraded Travertine Stone flooring through out. The bathrooms have been remodeled. Small FULL Kitchen with view. One of the bedrooms has a private entrance. On site Coin Laundry. Large shared Courtyard with BBQ, Tables and Chairs and out door shower. Can't beat the location!! - Near the Balboa Pier and the Balboa Ferry! ** Yearly Lease - NO PETS - NO SMOKING

  • May, 2019

  • May 14, 2019

    Date

    Leased

    CRMLS: NP19084620

    $3,550

    Price

  • Apr 25, 2019

    Date

    Price Change

    CRMLS: NP19084620

    $3,550

    Price

  • Apr 20, 2019

    Date

    Active

    CRMLS: NP19084620

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    Live on the beach enjoying the sunset every day! Breath the fresh ocean air every morning, ride your bike every day enjoying the sound of the waves. Close to the Balboa Island Ferry and Catalina passenger service. This amazing apartment features 4 Bedroom 3 Baths which could be converted into a 2 Bedroom 2 bath plus a 2 bedroom 1 bath. Plan your weekends with your family walking around the Balboa Pier! This property can be rented separately. Owner willing to divide it into two separate units. NO PETS - NO SMOKING

  • May, 2019

  • May 8, 2019

    Date

    Leased

    CRMLS: NP19090134

    $2,250

    Price

  • Apr 20, 2019

    Date

    Active

    CRMLS: NP19090134

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! LIVE on the OCEANFRONT at a bargain price in Newport Beach! ... Enjoy the OCEAN Breeze from this Upstairs 1 Bedroom 2 Bath SINGLE Level OCEAN VIEW Unit. Upgraded Travertine Stone flooring throughout. The bathrooms have been remodeled. Small FULL Kitchen. On site Coin Laundry. Large shared Courtyard with BBQ, Tables and Chairs and outdoor shower. Can't beat the location!! Near the Balboa Pier and walking distance to the Balboa Ferry! ** Yearly Lease - NO PETS - NO SMOKING.

  • June, 2018

  • Jun 3, 2018

    Date

    Leased

    CRMLS: NP18112454

    $2,700

    Price

  • May 13, 2018

    Date

    Active

    CRMLS: NP18112454

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! ... LIVE on the OCEANFRONT at a bargain price in Newport Beach! ... Enjoy the OCEAN Breeze from this Upstairs 2 Bedroom 2 Bath SINGLE Level OCEAN VIEW Unit. Upgraded Travertine Stone flooring through out. The bathrooms have been remodeled. Small FULL Kitchen with view. One of the bedrooms has a private entrance. On site Coin Laundry. Large shared Courtyard with BBQ, Tables and Chairs and out door shower. Can't beat the location!! - Near the Balboa Pier and the Balboa Ferry! ** Yearly Lease - NO PETS - NO SMOKING

  • March, 2018

  • Mar 1, 2018

    Date

    Expired

    CRMLS: OC17170289

    $3,000

    Price

  • Jul 25, 2017

    Date

    Active

    CRMLS: OC17170289

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect place to bring your creativity and have your store in one of the busiest streets on the Balboa Peninsula, this great property can be used as an office, retail or restaurant. This commercial space is situated on the corner of Oceanfront and Palm Street right off Boardwalk a few steps from the water.

  • November, 2017

  • Nov 4, 2017

    Date

    Leased

    CRMLS: OC17161259

    $3,000

    Price

  • Sep 8, 2017

    Date

    Price Change

    CRMLS: OC17161259

    $3,600

    Price

  • Aug 10, 2017

    Date

    Price Change

    CRMLS: OC17161259

    $3,650

    Price

  • Jul 16, 2017

    Date

    Active

    CRMLS: OC17161259

    $3,500

    Price

  • Jul 15, 2017

    Date

    Hold

    CRMLS: OC17161259

    $3,500

    Price

  • Jul 15, 2017

    Date

    Active

    CRMLS: OC17161259

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Live on the beach enjoying the sunset every day! Breath the fresh ocean air every morning, ride your bike every day enjoying the sound of the waves. Close to the Balboa Island Ferry and Catalina passenger service. This amazing apartment features 4 Bedroom 3 Baths which could be converted into a 2 Bedroom 2 bath plus a 2 bedroom 1 bath. Plan your weekends with your family walking around the Balboa Pier! This property can be rented separately. Owner willing to divide it into two separate units. NO PETS - NO SMOKING - AVAILABLE FOR 18 MONTHS

  • June, 2007

  • Jun 15, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2002

  • Jun 28, 2002

    Date

    Sold (Public Records)

    Public Records

    $616,000

    Price

Show More

Tax History for 514 E Oceanfront

Assessed Value (2020): $4,209,666
Year Land Value Improved Value Assessed Value
2020 $3,746,603 $463,063 $4,209,666

Home Value Compared to the Market

This property vs the competition

514 E Oceanfront has recently been leased 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 $4,298,800. 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 $859,760 for the down payment and will need roughly $85,976 for closing costs on top of the down payment.

About 514 E Oceanfront

Detailed summary of property

514 E Oceanfront is a apartment that was recently leased in Newport Beach, CA 92661. This apartment offered 2 bedrooms, 2 bathrooms, roughly 800 living square feet, and sits on an approximately 5,227 square foot lot. 514 E Oceanfront was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner leased the property for $2,700. While the average home in Newport Beach, CA is selling in 74 days, 514 E Oceanfront has a days on market of 55 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. Local homes that are currently for sale include 114 E Oceanfront, 1003 E Balboa Blvd and 301 Lindo Ave. For more information on this home for lease at 514 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 514 E Oceanfront

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
9,568
Lot Size
5,428
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Orange
Lot#
15
APN
048-122-08

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
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 514 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.