UPDATED:
09/30/2024 05:39 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,665
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP24155482
Bedrooms 8
Full Baths 5
Half Baths 2
HOA Y/N No
Year Built 2020
Lot Size 2,352 Sqft
Property Description
This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors’ dream as the property has been recently completed and fully operational with proven substantial rental income. The units consist of a 5-bedroom 3.5 bath rear unit beautiful kitchen and appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property has independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across the street to the most beautiful beaches in Newport. Lido Marina Village has recently gone through an incredible makeover and offers the best restaurant and shopping Newport Beach has to offer. Along with direct access to Lido and the beaches, you are located just off Pacific Coast Highway and direct access to the freeways.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s), Furnished, Stone Counters, Recessed Lighting, All Bedrooms Up, Galley Kitchen, Walk-In Closet(s)
Heating Forced Air
Cooling Electric, Zoned
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Direct Access, Garage
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Fishing, Hiking, Storm Drain(s), Street Lights, Sidewalks, Water Sports
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Accessibility Parking
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Duplex
Story 2
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Three Or More
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42335317
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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