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Pending
    • Listed by: TOWER AGENCY • JEFF STOFFEL • Contact: 951-906-3768
    $6,600,000

    1408 W Oceanfront, Newport Beach, CA 92661

    8beds
    2,500sqft
    : 
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    Triplex
    Built in 1947
    -- sqft lot
    $6,062,100 Zestimate®
    $2,640/sqft
    $-- HOA

    What's special

    Panoramic ocean viewsOversized oceanfront lot
    Oceanfront living is a dream that only a fortunate few ever get to call everyday life—now is your chance to make it your reality. This rare Newport Beach Boardwalk tri-plex sits on an oversized oceanfront lot and offers exceptional flexibility and future potential. Three units are move-in ready if you are going to rent out, with eight bedrooms and four bathrooms, giving you options: live in the front home and enjoy panoramic ocean views while collecting income from the rear units, explore short-term rental possibilities, or create the ultimate beach compound for your extended group. Use it as-is today and plan your future custom-built home; this property is an Incredible canvas for a dream home or legacy estate. Oceanfront lots of this size in this location are a limited commodity, with constant demand and endless opportunity for those ready to live their dream with an Oceanfront view.
    108 days
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    122
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    JEFF STOFFEL DRE #00641878 951-906-3768,

    TOWER AGENCY

    Source: CRMLS,MLS#: IV26069356MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathroom Exhaust Fan, Bathtub, Separate Shower
      Cooling
      • None
      Appliances
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Outside
      Features
      • Breakfast Area, Ceiling Fan(s), Eat-in Kitchen, Bedroom on Main Level
      • Flooring: Carpet, Vinyl
      • Windows: Double Pane Windows, Garden Window(s), Screens
      • Has fireplace: Yes
      • Fireplace features: Family Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,500 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Carport, Carport, On Street
      • Carport spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: ground
      • Patio & porch: Covered, Deck, Front Porch, Porch
      • Pool features: None
      • Fencing: Excellent Condition,Wood
      • Has view: Yes
      • View description: Coastline, Ocean, Panoramic, Water
      • Has water view: Yes
      • Water view: Coastline,Ocean,Water
      • Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front
      Lot
      • Size: 3,049 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 04721213
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Dog Park, Gutter(s), Street Lights, Sidewalks, Water Sports, Fishing
      • Subdivision: Balboa Peninsula Point (Blpp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $2,640/sqft
      • Tax assessed value: $2,125,611
      • Annual tax amount: $22,932
      • Date on market: 3/31/2026
      • Cumulative days on market: 109 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $6,062,100

        $5.76M - $6.37M

        $7,762/mo

        Price history

        DateEventPrice
        6/22/2026Pending sale$6,600,000$2,640/sqft
        Source: CRMLS #IV26060269 Report a problem
        6/18/2026Listed for sale$6,600,000$2,640/sqft
        Source: CRMLS #IV26069356 Report a problem
        6/8/2026Contingent$6,600,000$2,640/sqft
        Source: CRMLS #IV26069356 Report a problem
        4/16/2026Pending sale$6,600,000$2,640/sqft
        Source: CRMLS #IV26069356 Report a problem
        3/21/2026Price change$6,600,000-2.9%$2,640/sqft
        Source: CRMLS #IV26060269 Report a problem
        2/8/2025Price change$6,795,000-6.3%$2,718/sqft
        Source: CRMLS #IV24154921 Report a problem
        11/8/2024Price change$7,250,000-3.3%$2,900/sqft
        Source: CRMLS #IV24154921 Report a problem
        8/15/2024Listed for sale$7,495,000$2,998/sqft
        Source: CRMLS #IV24154921 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,932 +150.5%$2,125,611 +162.6%
        2024$9,156 -8.2%$809,381 +2%
        2023$9,976 -0.4%$793,511 +2%
        2022$10,021 -1.5%$777,952 +2%
        2021$10,178 +1.6%$762,699 +1%
        2020$10,015 $754,879 +2%
        2019$10,015 +0.1%$740,078 +2%
        2018$10,007 +2.5%$725,567 +2%
        2017$9,763 $711,341 +2%
        2016$9,763 +1.6%$697,394 +1.5%
        2015$9,606 +2.9%$686,919 +2%
        2014$9,339 $673,464 +0.5%
        2013-- $670,421 +2%
        2012-- $657,276 +2%
        2011-- $644,389 +0.8%
        2010-- $639,574 -0.2%
        2009-- $641,094 +2%
        2008-- $628,524 +2%
        2007-- $616,200 +2%
        2006-- $604,118 +2%
        2005-- $592,273 +2%
        2004-- $580,660 +1.9%
        2003-- $570,018 +2%
        2002-- $558,842 +375.7%
        2001$1,341 +2.5%$117,472 +2%
        2000$1,308 $115,169
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92661

        Getting around

        70 / 100
        Somewhat Walkable
        27 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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