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2202 W Oceanfront

Newport Beach, CA 92663
5 bed
5 bath
3,400 sqft
$4,495,000
On ZeroDown: 8 months ago

Ask ZeroDown

How are the Noise levels?
Julia
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
ZeroDown
Is there a risk of Earthquakes and Landslides?
Elizabeth
In the event of a large earthquake, the perceived shaking in the area is expected to be very strong and the potential damage is expected to be moderate. The home is situated in a liquefaction zone.
ZeroDown
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About

Situated directly in front of Blackies surf break with views of the Newport Pier, crashing waves, and Catalina Island, this oceanfront quadruplex with garage parking for 4-cars presents a rare investment opportunity for stable, long-term income as well as short-term lodging income. Thoughtfully designed, the beautiful upper units, (1) 2BR/2BA and (1) 1BR/1BA ... Read more
MLS #
:
NP20182603
Lot Size
:
3,049 sq ft.
Community
:
Balboa Peninsula (Residential) (BALP)
Property Type
:
Residential Income, Quadruplex
Status
:
Active
Style
:
Multi Family 2 To 4, Quadruplex, Residential Income
County
:
Orange
Virtual Tour
:
Time On ZeroDown
:
8 months
Floor Size
:
3,400 sq ft.
Listed by: Tim Smith
Brokerage: Coldwell Banker Realty
MLS#: NP20182603
Source: CRMLS
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Property Details

Interior Features
Unit Type 3 Information
Has Attached Garage:
Yes
# of Beds:
2
# of Baths:
2
Furnished:
Furnished
Total Rent:
$64,800.0
Projected Rent:
$79,300.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$5,400.0
Unit Type 4 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Furnished
Total Rent:
$34,800.0
Projected Rent:
$53,250.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$2,900.0
Laundry Information
Has Laundry:
Yes
Laundry Features:
In Closet, In Garage, Inside, Stackable
Interior Features
Door Features:
Mirror Closet Door(s), Sliding Doors
Fireplace Features:
Living Room
Flooring:
Carpet, Tile, Vinyl, Wood
Interior Features:
Balcony, High Ceilings
Levels:
Two
Window Features:
Blinds, Double Pane Windows
Room Information
Room Type(s):
Entry, Kitchen, Living Room, Main Floor Bedroom
Heating & Cooling
Cooling:
Wall/Window Unit(s)
Unit Type 2 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$28,200.0
Projected Rent:
$32,400.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$2,350.0
Multi-Unit Information
Water Sewer Expense:
$1,100.0
Gross Income:
$149,400.0
Fuel Expense:
$350.0
# of Separate Water Meters:
1
Total Expense:
$60,878.0
# of Buidings:
1
Professional Management Expense:
$9,711.0
# of Separate Gas Meters:
1
Gross Scheduled Income:
$149,400.0
Net Operating Expense:
$60,878.0
Other Expense:
$4,707.0
Electricity Expense:
$1,250.0
Net Operating Income:
$88,522.0
Gardener Expense:
$960.0
Insurance Expense:
$2,800.0
Other Expense Description:
other
New Taxes Expense:
$40,000.0
# of Separate Electric Meters:
4
Total Buiding Area:
3,400 Sq. Ft.
Unit Type 1 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$25,200.0
Projected Rent:
$32,400.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$2,100.0
Exterior Features
Exterior Features
Exterior Features:
Barbecue Private
Pool Information
Pool Features:
None
Spa Features:
None
Has Private Pool:
Yes
Has Spa:
Yes
Building Information
Year Built Source:
Assessor
New Construction:
Yes
Details provided by CRMLS and may not match the public record.
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Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
2202 W Oceanfront is a 3400 sq ft house with 5 beds and 5 baths.
How long has this home been listed on ZeroDown?
2202 W Oceanfront has been on ZeroDown for 8 months.
Is 2202 W Oceanfront in a quiet neighborhood?
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
What are the food delivery options for 2202 W Oceanfront?
Food delivery available from 1394+ restaurants and over 71 different cuisines to discover, powered by Doordash. Delivery could take a little longer than 30 minutes.
What are the public transportation options for 2202 W Oceanfront?
The nearest airport is John Wayne Airport-Orange County Airport, which is 5.8 miles away.
What are the grocery and delivery options for 2202 W Oceanfront?
1 grocery stores at a walking distance of 2-5 mins. Grocery delivery available from 40 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.
What are child care options around 2202 W Oceanfront?
This home is great if you have young kids. There are at least 6 child care centers within 0.6 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 0.6 miles away, there are about 2 preschools within a 5-15 mile radius.,There are at least 3 day-cares within 10 miles of this home, the closest one is approx. 2 mins by drive.
What’s the current price of this home?
2202 W Oceanfront is currently priced at 4,495,000.
How many photos are available for this home?
ZeroDown has 39 photos of 2202 W Oceanfront.
Are there electric charging stations around 2202 W Oceanfront?
28 electric car charging points within a 5-minute driving distance.
What are the internet/broadband options for 2202 W Oceanfront?
Get into the gaming mode with 1000.0+ Mbps download speeds available on this block powered by AT&T California.
What are the nearest hospitals/urgent care centers for 2202 W Oceanfront?
1 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 2202 W Oceanfront?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. 2 A+/A rated public elementary schools in the district. Ratings are from Niche 2 A+/A rated public high schools in the district. Ratings are from Niche
How does it feel to live in 92663 zip code?
62.0% of the households in this zip code(92663) are renter-occupied.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc
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.