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1504 W Oceanfront
For Sale $27,950,000 ($3,673.28 per Sq Ft)
$27,950,000 ($3,673.28 per Sq Ft)
- 6 Bedrooms
- 6 Bathrooms
- 7,609 Sq Ft
- 5,000 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $27,950,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 7,609 |
| Number of Stories | 3 stories |
| Parking Spots | 4 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 04721128 |
| MLS # | NP26015959 |
| Property ID | 322533845 |
| Lot Sqft | 5,000 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 47 |
| Original List Price | $27,950,000 |
| Date Updated | January 23, 2026 |
| Date Created | January 22, 2026 |
Listing Provided By
Amelie Mason an agent of . Lic #02028221
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 23, 2026 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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Robert Crawford
REAL ESTATE AGENT