Newport Beach, CA 92663,5102 Neptune AVE
Newport Beach, CA 92663,5102 Neptune AVE
Newport Beach, CA 92663,5102 Neptune AVE
$3,150,000
Est. payment /mo
$3,350,000
6.0%
Est.Price: ?

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6 Beds
4 Baths
3,075 SqFt
SOLD DATE : 11/20/2023

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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California Regional MLS (CRMLS)
Listed by Shane Dailey • Cal Mutual Inc
Bought with Novelle Shakeel-Campoli • City Bancorp Inc.

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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