1504 W Oceanfront #5, Newport Beach, CA 92663
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1504 W Oceanfront #5,Newport Beach, CA 92663
$27,950,000
- 6 Beds
- 6 Baths
- 7,609 sq. ft.
- Single family
- Active
Listed by: amelie mason
Office: pacific sotheby's int'l realty949-554-1200
MLS#:NP26015959
Source:CRMLS
Price summary
- Price:$27,950,000
- Price per sq. ft.:$3,673.28
About this home
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....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:NP26015959
- Added:136 day(s) ago
- Updated:June 09, 2026 at 10:49 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Living area:7,609 sq. ft.
Heating and cooling
- Cooling:Central Air, Dual, Zoned
- Central air:Yes
Structure and exterior
- Year built:1962
- Building area:7,609 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner Lot
- Exterior Features:Deck, Rooftop
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$27,950,000
- Price per sq. ft.:$3,673.28
Features and amenities
- Amenities:Balcony, Bar, Beamed Ceilings, Cathedral Ceilings, Multiple Staircases
Parking
- Total parking spaces:4
- Parking description:Garage
- Garage:Yes
- Garage spaces:4
New listings near 1504 W Oceanfront #5
- Coming Soon
$6,595,000Coming Soon4 beds 5 baths1753 Port Manleigh, Newport Beach, CA 92660
MLS# NP26124493Listed by: COMPASS - Open Fri, 11am to 2pmNew
$12,595,000Active4 beds 4 baths3,641 sq. ft.1444 W Bay, Newport Beach, CA 92661
MLS# PW26123733Listed by: BALBOA ISLAND ESTATES - Open Thu, 11am to 2pmNew
$7,500,000Active3 beds 4 baths2,862 sq. ft.223 Marigold Avenue, Corona Del Mar, CA 92625
MLS# NP26124190Listed by: ARBOR REAL ESTATE - Open Thu, 11am to 2pmNew
$2,295,000Active2 beds 2 baths1,917 sq. ft.4 Skysail, Corona Del Mar, CA 92625
MLS# NP26115197Listed by: DOUGLAS ELLIMAN OF CALIFORNIA - Coming Soon
$4,300,000Coming Soon4 beds 5 baths2 Belcourt, Newport Beach, CA 92660
MLS# NP26124316Listed by: COMPASS - New
$1,695,000Active2 beds 3 baths1,526 sq. ft.48 Sea Island Drive, Newport Beach, CA 92660
MLS# NP26123042Listed by: COLDWELL BANKER REALTY - Open Thu, 11am to 2pmNew
$2,295,000Active2 beds 2 baths1,917 sq. ft.4 Skysail, Corona Del Mar, CA 92625
MLS# NP26115197Listed by: DOUGLAS ELLIMAN OF CALIFORNIA - New
$6,680,000Active4 beds 3 baths2,399 sq. ft.801 Kings, Newport Beach, CA 92663
MLS# OC26123468Listed by: COMPASS - Coming Soon
$9,750,000Coming Soon5 beds 4 baths736 Harbor Island Drive, Newport Beach, CA 92660
MLS# OC26122949Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New
$2,950,000Active5 beds 6 baths2,546 sq. ft.331 Walnut Street, Newport Beach, CA 92663
MLS# PW26120563Listed by: PACIFIC SOTHEBY'S INTERNATIONAL REALTY