Major price reduction! Welcome to 306 East Oceanfront - a two cottage duplex, each with an active short term rental permit, situated in one of the most desirable areas of Southern California, the Balboa Peninsula. A charming coastal feel exudes in each cottage. The front cottage is an adorable one bedroom one bathroom floor plan with a spacious kitchen and dining area. A large enclosed front patio is the perfect place to watch people go by on the boardwalk. The back cottage is a two bedroom one bathroom floor plan complete with a large living room that opens to a patio with ocean views as far as the eye can see. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 306 East Oceanfront is truly a one of a kind offering in a landmark location on the sand!