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#NP24188110, Mary Hardesty, Listing office: Mary Hardesty Realty
#CV25107535·
Listing office: SOUTHLAND PROPERTIES·
Listing agent: Ronald Fernandez·
Listing office phone: 626-454-9085
$7,988,800 List price
402 E Oceanfront Newport Beach, CA 92661
0.06 acres
Multi-Family
Property details
About 402 E Oceanfront
Nestled directly on the sand, this stunning duplex at 402 E Oceanfront St in Newport Beach offers an unparalleled coastal lifestyle. With sweeping ocean views and immediate access to the beach, this property is a rare gem in one of Southern California’s most coveted locations. Enjoy the sound of crashing waves and the fresh sea breeze right from your doorstep. The first unit features 3 spacious bedrooms and 2 beautifully updated bathrooms, providing an ideal setting for relaxation and comfort. The second unit offers 4 generously sized bedrooms and 2 baths, making it perfect for larger families or as an additional rental opportunity. Both units boast open-concept living areas, large windows that flood the interiors with natural light, upgraded plumbing throughout, and modern kitchens equipped with high-end appliances, all while offering spectacular views of the Pacific. Just a short stroll away is the iconic Balboa Fun Zone, where you’ll find an array of family-friendly activities, local shops, and vibrant dining options. Whether you’re looking to relax by the waves, take a ride on the Ferris wheel, or indulge in fresh seafood at nearby restaurants, this duplex offers the perfect blend of tranquility and adventure. This property is perfect for anyone seeking a slice of coastal paradise in the heart of Newport Beach. With its prime location, oceanfront access, and proximity to the Balboa Fun Zone, it’s an incredible opportunity for both personal enjoyment and investment.
Highlights
Home typeDuplex
StatusActive
Lot size0.06 Acres
Year built1972
MLS #CV25107535
Garage2 spaces
Summary
- Garage Space: 2 spaces
- Private Pool: No
- List Price: $7,988,800
- Annual Tax Amount: $51,529
- Tax Year: 2024
- Directions: South of Balboa Blvd, West of Adams St, East of Coronado St
- Year Built: 1972
- Stories: 2
- Lot Size: 0.06 Acres
- MLS Number: CV25107535
- MLS Name: CRMLS
- Office Name: SOUTHLAND PROPERTIES
- Office Phone: (626) 454-9085
- Listing Agent: Ronald Fernandez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 21, 2017 | Home Sold | $4,300,000 |
| Sep 29, 1995 | Home Sold | $845,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,796,730 | $51,529 |
| 2023 | $4,702,677 | $50,676 |
| 2022 | $4,610,468 | $49,742 |
| 2021 | $4,520,067 | $49,099 |
| 2020 | $4,473,720 | $48,598 |
| 2019 | $4,386,000 | $46,777 |
| 2018 | $4,300,000 | $46,777 |
| 2017 | $1,209,544 | $14,315 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.9 mi
•1327 W Balboa Blvd
9
Harbor View Elementary School
Public District KG-6
1.9 mi
•900 Goldenrod Ave
7
Mariners Elementary School
Public District KG-6
2.0 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,301. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
49%
35k-100k
28%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
4%
Single, with Kids
24%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
30%
18-34 yrs old
43%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 402 E Oceanfront
The listing price of 402 E Oceanfront property is $7,988,800.
The property 402 E Oceanfront is a multi located in Newport Beach, California, 92661.
Active Listing: 402 E Oceanfront is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 402 E Oceanfront are: Newport Elementary School (GreatSchools Rating 8/10), Harbor View Elementary School (GreatSchools Rating 9/10), Mariners Elementary School (GreatSchools Rating 7/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $51,529 (source: MLS/based on county public records data).
The last sale was on August 21, 2017 for $4,300,000 (source: MLS/tax record).
The year of construction for 402 E Oceanfront is 1972.
This home is located at 402 E Oceanfront in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $7,988,800.
While more than 14 listings in Newport Beach, CA in May 2025 were sold above asking price, there were more than 15 listings sold at asking price, and more than 55 were sold below. The number of listings in Newport Beach, CA increased by 1.9% between April and May 2025. Listings spent 36 days on the market in May 2025, and had a median list price of $3,616,821 during the same period.
From Rocket Homes Real Estate and based on county public records data.