1504 W Oceanfront 5, Newport Beach, CA 92663
- 6 beds
- 6 baths
- 7,609 sq ft
- Built 1962
The home
About 1504 W Oceanfront 5
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 decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation.
1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.
Property details for 1504 W Oceanfront 5
This 6-bedroom, 6-bath triplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 7,609 square feet of living space and is listed at $27,950,000, about $3,673 per square foot. The home was built in 1962. The MLS record lists the assessor parcel number as 047-211-28. Highlights include ocean and coastline views, a spa, a fireplace, an attached four-car garage, and central air.
Photographs
Photos of 1504 W Oceanfront 5, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Triplex
- MLS Number
- NP26015959
- Year Built
- 1962
- Living Area (sq ft)
- 7,609
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 5,000
- Lot Size (acres)
- 0.1148
- Levels
- Multi Split
- Bedrooms
- 6
- Full Baths
- 6
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- Bay, City Lights, Coastline, Courtyard, Marina, Ocean, Panoramic, Pier
- Parcel Number
- 04721128
- On Market Date
- 2026-01-23
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Built In Features, Balcony, Cathedral Ceilings, Multiple Staircases, Bar, Bedroom On Main Level
- Cooling
- Central Air, Dual, Zoned
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Common Area, Electric Dryer Hookup, Gas Dryer Hookup
- Entry Level
- 1
- Common Walls
- One Common Wall
- Rooms
- Entry Foyer, Bonus Room, Bedroom, Family Room
Exterior Features
- Lot Features
- Zero To One Unit Acre, Corner Lot
- Patio and Porch
- Deck, Rooftop
- Parking
- Garage
- Pool Features
- None
- Spa
- Roof Top
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Sewer Connected, Water Connected
- Units
- 5
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks, Water Sports
The record
Property History for 1504 W Oceanfront 5
| Date | Event | Price | Note |
|---|---|---|---|
| Jan 23, 2026 | Listed for sale | $27,950,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1504 W Oceanfront 5
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). 114 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
Cost of ownership
Estimated monthly payment
7.18% · 30-yr fixed$
$214,197/mo
10% down · 30-year fixed · $2,795,000 down
Principal & interest$170,409
Mortgage insurance (est., over 80% LTV)$10,481
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
$184,781/mo
20% down · 30-year fixed · $5,590,000 down
Principal & interest$151,474
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
$165,847/mo
30% down · 30-year fixed · $8,385,000 down
Principal & interest$132,540
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
Estimated carrying cost
$33,307/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$25,155
Home insurance (rough est., varies widely)$8,152
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.18% (week of Nov 5, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 1504 W Oceanfront 5
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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
Schools
School District for 1504 W Oceanfront 5
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Amelie Mason of Pacific Sotheby's Int'l Realty
Listing information updated Jul 9, 2026 at 9:14 AM 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.