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Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,193 sqft
Price per Sqft $892
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP21251371
Sold Date 04/22/22
Bedrooms 5
Full Baths 3
Construction Status Turnkey
HOA Y/N No
Year Built 1930
Lot Size 2,178 Sqft
Lot Dimensions Public Records
Property Description
Opportunity is knocking! This California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Storage
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Stone, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Barbecue, Dishwasher, Disposal, Gas Range, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Hiking, Street Lights, Sidewalks, Water Sports
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Sewer Not Available, Water Available, Water Connected
View Y/N Yes
View Ocean, Water
Roof Type Composition
Accessibility No Stairs, Accessible Doors
Porch Open, Patio, Stone
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level One,Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One, Two
New Construction No
Construction Status Turnkey
Schools
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42332202
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Carter Kaufman • Compass
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