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Listed by Jon Dishon • Arbor Real Estate
$ 3,950,000
Est. payment | /mo
2,467 SqFt
$ 3,950,000
Est. payment | /mo
2,467 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,467 sqft
Price per Sqft $1,601
MLS Listing ID CRNP25090232
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1965
Lot Size 2,300 Sqft
Property Sub-Type Duplex
Property Description
Vacation rental ready with the City of Newport Beach short-term rental permit, this modern farmhouse property features a 3 bedroom plus den (or 4th bedroom) 3-bathroom front unit and a 3 bedroom, 2 bath back unit. The property has been highly upgraded with white exterior siding, black windows, modern aluminum roofing, front patio and two rooftop decks, making this the perfect investment property. Both units feature light and bright open floor plans and are highlighted with designer finishes throughout including hardwood floors, reclaimed wood wall, barn doors, shiplap and high-end appliances. All bedrooms have spacious closets and there is ample storage throughout the property. Additional features include 2 car garage plus 2 additional parking spaces. Located in a quiet location in the 100 block allows for parking on both sides of the street. Easy access to both the bay and the beach. Close proximity to Lido Marina Village, Lido House Hotel, and all the restaurants and shops of Newport Beach. The property has stellar established gross rental history, with gross income at approximately $200,000. Financials are available upon request. Furniture included in purchase.
Location
State CA
County Orange
Interior
Heating Electric
Cooling Other
Flooring Wood
Fireplace No
Laundry Common Area, In Garage, Other, Inside
Exterior
View City Lights, Water, Other
Building
Water Public
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