916 E Oceanfront, Newport Beach, California 92661, Newport Beach, 92661 - 5 bed, 4 bath

916 E Oceanfront
Newport Beach, California 92661
Property Price
SUMMARY
Analysis of 916 E Oceanfront, Newport Beach, California 92661 is currently available with a list price of $6,600,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property, though built in 1972, has been 'completely remodeled' as stated in the description, which is strongly supported by the images. Both units feature modern white shaker cabinets, granite countertops, new stainless steel appliances, contemporary subway tile backsplashes, and updated fixtures in the kitchens and bathrooms. Flooring is either modern plank (lower unit) or clean tile (upper unit). Recessed lighting, modern ceiling fans, and high-end features like moving glass walls indicate a very recent and extensive renovation, meeting current quality standards with virtually new components and no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Unparalleled Oceanfront Location
The property is situated directly on the iconic Balboa boardwalk with immediate beach access, offering a coveted coastal lifestyle and prime real estate value.
- Exceptional Income Potential
As a duplex with highly sought-after Short Term Lodging Permits (STLP), it presents a significant opportunity for robust rental income in a high-demand area.
CONSRISKS & DEFICIENCIES
- Premium Price Point & Market Adjustment
The property carries a high list price of $6.6 million, and a recent price reduction from $6.95 million indicates potential market sensitivity or initial overpricing.
- Limited Lot Size
The 2614 sqft lot is relatively compact, which is common for oceanfront properties but offers minimal private outdoor space beyond the patios/balconies.
- High Foot Traffic & Noise Exposure
Its direct location on the 'iconic boardwalk' means constant public activity and potential noise, which may not suit buyers seeking a quiet, secluded environment.
About 916 E Oceanfront
Discover the coastal dream at 916 E Oceanfront—a rare and completely remodeled oceanfront duplex perched right on the iconic boardwalk, where the sand, surf, and vibrant Balboa lifestyle beckon. This prime property offers two distinct gem units! The lower unit features a chic 2-bedroom, 2-bath retreat with coveted STLP permits, a sprawling open floor plan with moving glass walls the entire length of the living room opening to the patio with phenomenal boardwalk and ocean views! The upper unit consists of 3-bedrooms, 2-baths, with STLP permits, and offers a private balcony showcasing jaw-dropping, panoramic ocean views that stretch to the horizon. There is also a 3-Car Garage great for hassle-free coastal living. Wake up to the rhythm of the tide, with the beach, the boardwalk, and lush Balboa Park right at your doorstep! This property is also conveniently located just two blocks from the historic Balboa Pier, and the lively Balboa Village, which offers eclectic shops, top-notch dining, bars, and endless seaside adventures. This isn’t just a Duplex, it’s a front-row seat to paradise! Schedule your tour today!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1972
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Elementary School
Grades PK-6 • 1.3 mi
Horace Ensign Intermediate School
Grades 7-8 • 1.6 mi
Newport Harbor High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 4.0 | 2.0 | 67% |
| Square foot | 2,501 | 2,516 | 33% |
| Lot Size | 2,614 | 4,065 | 33% |
| Price | $6.60M | $6.60M | 50% |
| Price per sq ft | $2.6K | $2.6K | 67% |
| Built year | 1972 | 1948 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 205 | 275 | 33% |
Pricing History
Listed for Sale
Jan 8, 2026
$6,600,000
$6,950,000
-5% Price Drop
Initial Listing
Price Change
Aug 14, 2025
$6,950,000
Initial Listing

















































