$5,795,000
2212 W OceanfrontNewport Beach, CA 92663Balboa Peninsula (Residential)
Sold
700 E Oceanfront sold on November 17, 2022 for $5,000,000. The details are below for reference.
700 E Oceanfront, Newport Beach, CA 92661
- 2,310 sq ft
- Built 1973
Own 700 E Oceanfront? Request a free home valuation to see what it is worth today.
$5,000,000
Subdivision Balboa Peninsula (Residential)
6 duplexes sold in the past 12 months · median $5,475,000
This property is also on the market under MLS OC26025417 (Residential Income), MLS OC26030071 (Residential).
The home
About 700 E Oceanfront
700 E Oceanfront presents a fantastic opportunity to own a duplex in the heart of the Balboa Peninsula. All about the location, this property is near all the desirable attractions the area has to offer. Steps away from the sand and ocean, 700 E Oceanfront is sited along the boardwalk and the Peninsula’s famous bike path. Walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. Featuring two units, this property offers incredible income potential. The lower unit features a bedroom and a bathroom, along with indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with granite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is smartly divided into two separate sections and encompasses a total of three bedrooms and two bathrooms. The front portion features two of the bedrooms as well as a full bath. Smartly upgraded kitchen and a living area offer ample entertaining space. The large front bedroom features a fireplace and breathtaking views of the ocean and Balboa Pier. The back section of the upstairs features bedroom, a bath and a kitchenette as well as living and dining areas. 700 E Oceanfront is a meticulously maintained property, with air conditioning, double-paned windows and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. Incredible income potential with short term rental permits in place.
Property details for 700 E Oceanfront
This duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,310 square feet of living space. The home was built in 1973. The MLS record lists the assessor parcel number as 048-135-12. Highlights include ocean views, a fireplace, a four-car garage, central air, and an updated home.
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- NP22145462
- Year Built
- 1973
- Lot Size (sq ft)
- 2,614
- Lot Size (acres)
- 0.06
- Levels
- Two
- Garage Spaces
- 4
- Parking Spaces
- 5
- View
- Ocean
- Parcel Number
- 04813512
- On Market Date
- 2022-07-05
- Zoning
- RSC-R
- Listing Terms
- Standard
Interior Features
- Appliances
- Gas Range, Dryer, Washer
- Flooring
- Carpet, Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Primary Bedroom
- Laundry
- Inside
- Common Walls
- No Common Walls
- Windows
- Double Pane Windows
- Accessibility
- None
Exterior Features
- Lot Features
- Corner Lot
- Parking
- Garage, Garage Door Opener, Garage Faces Rear
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled
- Units
- 2
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking, Park, Street Lights, Sidewalks
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 700 E Oceanfront
| Date | Event | Price | Note |
|---|---|---|---|
| Nov 17, 2022 | Sold | $5,000,000 | |
| Oct 12, 2022 | Status changed to Active Under Contract | From Active | |
| Jul 5, 2022 | Listed for sale | $5,300,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 700 E 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 06059C0382K 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 1,000 Mbps, at 1 of 4 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 3 of 4. DSL: AT&T, up to 10 Mbps, at 4 of 4.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003039, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.2 miles away (Tesla Destination, 2 Level 2 ports). 154 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
Looking for something similar
700 E Oceanfront is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 700 E 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.
Balboa Peninsula (Residential) home sales, past 12 months
- Homes sold
- 6
- Median price
- $5,475,000
- Median days on market
- 19
- Median per sq ft
- $2,554
Recorded MLS closings of duplexes, Nov 1, 2025 to Nov 1, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 5901 Seashore Drive | Jul 31, 2026 | $9,500,000 | 3,185 | $2,983 | 40 |
| 213 33rd Street | May 28, 2026 | $2,616,000 | 1,451 | $1,803 | 7 |
| 1204 E Balboa Boulevard | Feb 5, 2026 | $6,600,000 | 2,516 | $2,623 | 183 |
| 4103 Seashore | Jan 8, 2026 | $9,200,000 | 2,724 | $3,377 | 31 |
| 4208 River | Dec 16, 2025 | $4,350,000 | 1,750 | $2,486 | 6 |
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Listed by Timothy Carr of Villa Real Estate
Listing information updated Nov 18, 2022 at 12:35 PM PT. Source: CRMLS.
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.