Property Details
About this Property
Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”. The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront
MLS Listing Information
MLS #
CRNP26015959
MLS Source
California Regional MLS
Days on Site
2
Interior Features
Bedrooms
Ground Floor Bedroom
Family Room
Other
Fireplace
Living Room
Laundry
Laundry Area
Cooling
Central Forced Air, Other
Exterior Features
Pool
None, Other
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 4 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
1504 W Oceanfront 5 is a Triplex in Newport Beach, CA 92663. This 7,609 square foot property sits on a 5,000 Sq Ft Lot and features 6 bedrooms & 6 full bathrooms. It is currently priced at $27,950,000 and was built in 1962. This address can also be written as 1504 W Oceanfront #5, Newport Beach, CA 92663.
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This listing information is up-to-date as of January 24, 2026. For the most current information, please contact Amelie Mason
