2202 W Oceanfront
Newport Beach, CA, 92663 $ 6,990,000
Baths1.0 Sq 3,400 Monthly Estimate*
$ 43,039
Listed by Chiron Stewart, Broker
Studio for $6,990,000 with 1 full bath. This 3,400 square foot home was built in 1961 on a lot size of 0.07.
Experience coastal living at its finest, this rare Oceanfront Four-Plex is in the Heart of Newport Beach. This exceptional multi-family property offers four distinct units with strong income potential, including approved short-term rental permits—perfect for investors, vacation rental operators, or those seeking flexible beachside living. Built in 1961 and situated on a prime lot, the property features approximately 3,400 square feet of living space across its units, with 4 car garages for convenient parking and storage. Unit Breakdown: • Unit A: Spacious 2-bed / 2-bath — ideal for longer-term tenants or families. • Units B & C: Cozy 1 bed / 1 bath each — perfect for singles, couples, or short-term guests. • Unit D: Unique 1-bed / 1-bath loft — offering extra character and appeal. The property’s standout location places residents just a short walk from the sand, surf, and the iconic Newport Pier. Wake up to ocean breezes, panoramic views toward Catalina Island, and endless coastal charm right outside your door. Prime Location & Lifestyle Amenities: Newport Beach delivers world-class coastal living with more than eight miles of beaches, from soft sands perfect for sunbathing and swimming to legendary surf spots. Stroll to the Newport Pier for fishing, people-watching, the Dory Fleet Fish Market, or casual seaside dining. Nearby highlights include: • Balboa Peninsula & Balboa Pier — with the Fun Zone amusement park, Ferris wheel, arcade, and ferry rides to Balboa Island. • Balboa Island — charming shops, waterfront eateries, and iconic frozen bananas. • Fashion Island — upscale shopping, dining, and entertainment just minutes away. • Crystal Cove State Park and Corona del Mar State Beach — for scenic hikes, tide pools, and more pristine coastline. • Upper Newport Bay Nature Preserve — offering kayaking, birdwatching, and trails. • Abundant water activities: sailing, paddleboarding, whale watching, surfing lessons, and yacht charters in the harbor. This oceanfront four-plex combines timeless beach appeal with modern investment versatility. Whether generating income through short-term rentals or enjoying the units personally, it’s a gateway to the relaxed yet vibrant Newport Beach lifestyle. Don’t miss this opportunity to own a piece of Southern California paradise!
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FeaturesGeneralSewer Public Sewer
Garage Spaces 4
Pool Features None
Year Built 1961
Property Subtype Quadruplex
Gross Income 0
Community Features Biking Curbs Fishing Storm Drain(s) Street Lights Sidewalks Water Sports
County Orange
Net Operating Income 320818.4
Operating Expense 55013.5
Insurance Expense 1700
New Construction false
Property Type Residential Income
Subdivision Name West Newport Beach (WSNB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Blackies parking lot
City Newport Beach
Entry Location front
Senior Community Y/N false
Number Of Units Total 4
MLS Area N8 - West Newport - Lido
Lot Size Units Square Feet
Lot Size Square Feet 3049
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange VA Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 473.43
Trash Expense 340
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Quadruplex
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InteriorTotal Stories 2
Common Walls 1 Common Wall
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 1
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ExteriorLot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 3049
Number of Buildings 1
Building Area Total 3400
Lot Size Acres 0.07
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded FeaturesList ByChiron Stewart, BrokerBroker
chiron.s@leftcoastreg.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $43,039
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Newport Beach, CA
Average List Price $5,305,440
Percent of Sale Price 24%
About Newport Beach, CA 87,617 Population
11% Since 2002
$ 123,504 Median Income
45.15 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $6,990,000 | | Listed Price |