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Key Details
Sold Price $3,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,075 sqft
Price per Sqft $1,024
MLS Listing ID 23252781
Sold Date 11/20/23
Bedrooms 6
HOA Y/N No
Year Built 1973
Lot Size 3,009 Sqft
Property Description
Here is the incredible beach paradise very rare income opportunity you have been looking for! This great property is all about location, location, location located smack in the middle of the Peninsula within steps to the beach, world class surfing and all the summer fun. This highly sought after rarely on the market large 3075 sq ft home is just steps from the beach and perfect for an owner-occupied investment property, rent both units or even apply for vacation rental permits. Two blocks from the beach you will be able to get top rental income no matter what rental path you choose. This great property boasts a huge upper unit of 4 beds and 2 baths and the lower is 2 beds and 2 baths. A giant four car garage with new garage door and opener is perfect space for all your tenants. The upper unit is extremely spacious with it's huge vaulted ceilings and great front porch for people watching and enjoying those cool summer nights. The freshly remodeled lower unit is very open and airy with a great private back patio to enjoy the beautiful Newport weather. The property also has a new roof, garage door and opener. This rarely available type of property is priced to sell so it won't last long. Don't miss this opportunity.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type Living Room, Primary Bedroom
Fireplace Yes
Appliance Refrigerator
Laundry In Garage
Exterior
Garage Driveway
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N Yes
View Ocean, Peek-A-Boo
Accessibility None
Porch Concrete, Enclosed, Open, Patio
Parking Type Driveway
Attached Garage Yes
Total Parking Spaces 7
Private Pool No
Building
Faces West
Story 2
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42450408
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Novelle Shakeel-Campoli • City Bancorp Inc.
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692