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Sold

400 E Oceanfront sold on April 20, 2021 for $5,200,000, 9.6% below the $5,750,000 asking price after 185 days on the market; it was first listed at $5,995,000. The buyer financed the purchase with a conventional loan. The details are below for reference.

TriplexSold · Apr 20, 2021

400 E Oceanfront, Newport Beach, CA 92661

  • 7 beds
  • 6 baths
  • 3,166 sq ft
  • Built 1972

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$5,200,000

MLS# P1-1051

Subdivision Balboa Peninsula

Balboa Peninsula reaches three miles along the Newport Beach coast, sheltering Newport Harbor on its bay side while the Newport Pier, Balboa Pier, and the Wedge surf break line its ocean side.

See homes for sale in Balboa Peninsula

The home

About 400 E Oceanfront

Welcome to Casa al Mare! Incredible attention to detail is the only way to describe this unique California Modern oceanfront Triplex located between the Newport and Balboa Piers in one of Southern California's most desired stretch of shoreline in Newport Beach. This meticulously restored and maintained investment property by interior designer Ron Gucciardo comes 'fully-furnished' and includes such luxury brand names as Viking, Tommy Bahama, and Calvin Klein. Enjoy living in one of these luxurious units and renting out the other 2 units. Stunning Pacific Ocean, Catalina, and Sunset views.Stackable washers and dryers are included in each unit and the immaculate 3 car garage contains a separate laundry room to handle weekly or monthly turnover of rental units. The garage also houses 3 Noritz tankless water heaters, one for each unit, as well as a Life Source Water Filtration System to provide filtered water for the entire property. Finally, each unit also comes with a Viking Stainless Steel Barbeque for outdoor use.Just minutes from the Balboa Island Ferry, Fun Zone, the Wedge and world-class shopping and dining. Also located steps away from public parking to accommodate guests. The property is situated on a corner lot, with easy access to and from the property on a wide access walkway. Pro-forma gross income of $431K for all 3 units and net operating income of $251K (4.38% cap rate). Visit www.400oceanfront.com for more info.

Property details for 400 E Oceanfront

This 7-bedroom, 6-bath triplex sits in the Balboa Peninsula neighborhood of Newport Beach in Orange County. It has 3,166 square feet of living space. The home was built in 1972. The MLS record lists the assessor parcel number as 048-121-19. Highlights include ocean and coastline views, ocean frontage, a fireplace, an attached three-car garage, an updated home, and modern architecture.

Specifications

Home Details

General Features

Property Type
Triplex
MLS Number
P1-1051
Year Built
1972
Living Area (sq ft)
3,166
Living Area Source
Public Records
Lot Size (sq ft)
2,946
Lot Size (acres)
0.07
Levels
Two
Bedrooms
7
Full Baths
6
Garage Spaces
3
Parking Spaces
3
View
Catalina, Coastline, Ocean, Panoramic, Pier, Water
Parcel Number
04812119
On Market Date
2020-09-01
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Breakfast Bar, Built In Features, Balcony, Ceramic Counters, Crown Molding, Furnished, Granite Counters, High Ceilings, Open Floorplan, Stone Counters, Recessed Lighting, Tile Counters, Wired For Data, Bedroom On Main Level, Main Level Primary, Primary Suite
Appliances
Barbecue, Dishwasher, Free Standing Range, Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Purifier, Dryer, Washer
Flooring
Carpet, Stone, Tile
Heating
Forced Air, Fireplaces
Cooling
None
Fireplace
Gas, Living Room, Masonry, Raised Hearth
Laundry
Laundry Closet, In Garage, Stacked
Common Walls
No Common Walls

Exterior Features

Architectural Style
Modern
Roof
Composition
Construction
Cedar, Frame, Lap Siding, Wood Siding
Lot Features
Corner Lot, Rectangular Lot, Sprinklers None
Patio and Porch
Deck, Open, Patio, Tile
Parking
None
Fencing
None
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Condition
Updated Remodeled, Turnkey
Faces
West

Community Features

Subdivision
Balboa Peninsula (Residential)
Community Features
Biking, Fishing, Sidewalks, Water Sports
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 400 E Oceanfront

DateEventPriceNote
Apr 20, 2021 Sold $5,200,000
Apr 15, 2021 Status changed to Pending From Active Under Contract
Mar 14, 2021 Status changed to Active Under Contract From Active
Jan 5, 2021 Status changed to Active From Expired
Jan 1, 2021 Status changed to Expired From Active
Dec 7, 2020 Price reduced $5,750,000 From $5,995,000
Nov 20, 2020 Status changed to Active From Active Under Contract
Nov 18, 2020 Status changed to Active Under Contract From Active
Sep 1, 2020 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 400 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 5,000 Mbps, at 17 of 19 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 19 of 19. Fixed wireless: T-Mobile, up to 100 Mbps, at 16 of 19.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003033, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.1 miles away (Tesla Destination, 1 Level 2 port). 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

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Selling near 400 E Oceanfront

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The neighborhood

About Balboa Peninsula

Balboa Peninsula reaches three miles along the Newport Beach coast, sheltering Newport Harbor on its bay side while the Newport Pier, Balboa Pier, and the Wedge surf break line its ocean side. Balboa Boulevard runs its length past the 1906 Balboa Pavilion and Balboa Fun Zone, within the Newport-Mesa Unified School District.

Schools

School District for 400 E Oceanfront

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 Richard Marquis of Secured Realty Group

Listing information updated Apr 30, 2021 at 10:16 AM PT. Source: CRMLS.

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