Fabulous remodeled oceanfront getaway, turnkey vacation rental business or BOTH? The choice is yours at 700 E Oceanfront The property presents a fantastic opportunity to own an updated duplex in the heart of the Balboa Peninsula. LOCATION LOCATION LOCATION, this property is near all of the attractions that you and/or your vacation rental guests desire. Steps away from the sand and ocean, the property is located on the boardwalk and walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. The corner location affords unparalleled sunlight and those cooling ocean breezes. The lower 1 bed/1 bath unit is newly remodeled and has its own indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with quartz composite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is well-designed and newly remodeled throughout, including kitchen (w/ island and wine fridge) and entertaining space, as well as 3 generous bedrooms (the Primary has its own kitchenette) and 2 bathrooms. The living/great room features breathtaking views of the ocean and Balboa Pier. The duplex has been professionally managed and meticulously maintained. Notable features include: Air conditioning (new in 2023), new roof, double-paned windows and functional and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. This oceanfront duplex offers a proven track record and excellent reviews from former guests. Incredible income potential with 2 Short Term Lodging permits in place. Act quickly! With only 1550 Short Term Lodging permits available in the entire city, having a property with TWO on Oceanfront is truly a rare opportunity.
The income description goes here to explain
| List Price | $6,690,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,310 |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1973 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 04813512 |
| MLS # | OC25098087 |
| Property ID | 295015653 |
| Lot Sqft | 2,614 |
| Zoning | RSC-R |
| Total Units | 2 |
| Days on Market | 234 |
| Original List Price | $6,990,000 |
| Applicances | Dishwasher,Electric Range,Electric Water Heater,Disposal,Gas Range,Gas Water Heater,Microwave,Refrigerator% |
| Date Updated | October 31, 2025 |
| Date Created | May 02, 2025 |
Dominic Tucci an agent of . Lic #01506188
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 31, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT