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Sold

1514 W Oceanfront sold on June 21, 2021 for $5,995,000. The details are below for reference.

1514 W Oceanfront, Newport Beach CA 92663 - photo 1

TriplexSold · Jun 21, 2021

1514 W Oceanfront, Newport Beach, CA 92663

  • 2,800 sq ft
  • Built 1957

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$5,995,000

MLS# NP21063345

Subdivision Balboa Peninsula (Residential)

See homes for sale in Balboa Peninsula

The home

About 1514 W Oceanfront

Extraordinary opportunity to own a premier beachfront parcel in Balboa Peninsula with three transferable short term lodging permits. Capturing the symphonic pounding of surf, this pristine two-story beach-front compound is comprised of three spacious units and is constructed with features such as beamed ceilings, recessed lighting, brick fireplaces, and wood flooring. The front-facing units A and B offer views of the idyllic beaches of Newport from the balcony/deck, while the back unit offers privacy and serenity just moments from the sand. With an option to vacation or live in one unit and rent out the others, 1514 W Oceanfront is ideal as an exceptional compound for significant income opportunity or a seaside retreat for family and friends. Having achieved a net operating income of approximately $254,174 in 2020 amidst COVID-19 city restrictions, and adjusting for new property taxes for 2021, the triplex proves tremendous value and anticipates a net operating income of approximately $240,000 with a cap rate of approximately 4%.

Property details for 1514 W Oceanfront

This triplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,800 square feet of living space. The home was built in 1957. The MLS record lists the assessor parcel number as 047-211-20. Highlights include ocean and panoramic views, ocean frontage, a fireplace, a three-car garage, air conditioning, and a turnkey home.

Specifications

Home Details

General Features

Property Type
Triplex
MLS Number
NP21063345
Year Built
1957
Lot Size (sq ft)
3,049
Lot Size (acres)
0.07
Levels
Two
Garage Spaces
3
Parking Spaces
3
View
Ocean, Panoramic, Water
Parcel Number
04721120
On Market Date
2021-04-06
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Balcony, Ceiling Fans, Ceramic Counters, Recessed Lighting, Tile Counters, Track Lighting
Appliances
Built In Range, Convection Oven, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Refrigerator
Flooring
Laminate, Tile
Heating
Fireplaces, Natural Gas, Wall Furnace
Cooling
Wall Window Units
Fireplace
Dining Room, Family Room, Gas, Living Room, Masonry, Primary Bedroom
Laundry
Common Area
Common Walls
No Common Walls
Windows
Screens
Doors
Mirrored Closet Doors, Sliding Doors

Exterior Features

Exterior Features
Lighting
Roof
Shingle
Construction
Drywall, Stucco
Lot Features
No Landscaping, Street Level
Fencing
Block, Masonry
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Natural Gas Available
Condition
Turnkey
Units
3

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Biking

The record

Property History for 1514 W Oceanfront

DateEventPriceNote
Jun 21, 2021 Sold $5,995,000
May 27, 2021 Status changed to Active Under Contract From Active
Apr 6, 2021 Listed for sale $5,995,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1514 W Oceanfront

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 5,000 Mbps, at 4 of 12 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 3 of 12. Cable: Spectrum, up to 1,000 Mbps, at 12 of 12.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628002014, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.1 miles away (ChargePoint, 2 Level 2 ports). 113 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

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Selling near 1514 W Oceanfront

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

See homes for sale in Balboa Peninsula Newport Beach housing market

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Listed by Tim Smith of Coldwell Banker Realty

Listing information updated Jun 21, 2021 at 4:39 PM PT. Source: CRMLS.

CRMLS logo 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. The 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, the 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.

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