

$5,795,000
2212 W Oceanfront
Details
APN 04714327
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,002
Net Rentable (SqFt) 3,002
Units 2
Tenancy Vacant
Pro-Forma NOI $262,655
Price per SqFt $1,930
Year Built 1965
Year Renovated 2021
Buildings 1
Stories 2
Acreage 0.070
Zoning Mixed-Use Water
Parking Spaces 4 per unit
Investment Type Value Add
Sale Condition N/A
Multifamily | 2 Units
Marketing description
Seller financing may be available for qualified buyers. Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. Offering stunning Catalina Island, ocean, and pier views, along with coastal breezes and a highly walkable location, this property presents a rare opportunity in one of the Peninsulas most desirable oceanfront settings. Conveniently located near Lido Village, Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions, this location is among the Peninsulas closest residential neighborhoods to the ocean. The property also offers future upside with zoning that may allow for a third level and/or mixed-use configuration, subject to city approval and buyer verification. It may also appeal to investors seeking short-term lodging opportunities, subject to required permits. Remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining. First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms. Second Floor Unit: Open-concept living area with kitchen, balcony, and private rear patio, featuring 2 bedrooms and 3 bathrooms. Each uni
Investment highlights
- Positioned steps from sand with panoramic Ocean, Catalina Island, and pier views
- Potential future upside with zoning allowing for a third level and/or mixed-use configuration subject to city approval and Buyer verification
- Remodeled with a new roof and updated interiors featuring modern finishes
- Possible Short Term Lodging with Short Term Lodging Permit
- Near Lido Village, Newport Pier, Balboa Pier, Restaurants, Shopping and Entertainment
- Seller financing may be available for qualified buyers
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Zoning
MU-W2 MixedMixed UseMixed Use Water
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View all 68 uses
View all 68 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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