1504 W Oceanfront 5, Newport Beach, CA 92663

• 6 beds |
• 6 baths |
• 7,609 sqft

Property 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 dec

Listing Status:

Active

Date Added:

January 23, 2026

Data Last Updated:

February 7, 2026 at 6:08PM

Listing Office:

Pacific Sotheby's Int'l Realty : 949-554-1200

Listing Agent:

Amelie Mason : 949-287-1021

MLS ID:

CRNP26015959

Interior

• General: Family Room
• Laundry: Other
• A/C: Central AirOther
• Fireplace: Living RoomFireplace

Exterior

• General: OtherHeated
• Pool: None
• Parking: AttachedOther

Construction

• General: Multi/Split

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• School District: Newport-Mesa Unified
• County: Orange

Lot

• Zoning: 04721128
• View: BayCity LightsMarinaPanoramicOtherOcean

Financial

• Source: CRMLS