Mixed-Use Oceanfront Property Portfolio with Cafe and Surf Shop in Newport Beach

This listing presents a rare and extraordinary opportunity to acquire a significant oceanfront property portfolio on the highly desirable Balboa Peninsula in Newport Beach, California. The offering combines five distinct properties, totaling approximately 8,800 square feet of residential and commercial space, situated on a 5,000 sq. ft. lot with multi-CV zoning. The property is described as nearly complete, with a construction year of 2024, making it a modern development. The portfolio includes a single-family oceanfront residence, a 3-bedroom unit with a panoramic rooftop deck, a 1-bedroom unit with an ocean-view deck, 'The Stuffed Surfer Café' (a local eatery), and a commercial surf shop. A unique asset is the permit for 14 chairs and seating on the sand, offering exclusive beachfront access. With 100 feet of beach frontage, this property represents a unique piece of coastal real estate and a potential investment in a prime location.