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Key Details
Sold Price $2,990,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Newport Heights (Newh)
MLS Listing ID OC14077351
Sold Date 07/30/14
HOA Y/N No
Year Built 1959
Tax Year 2013
Lot Size 0.400 Acres
Property Description
pleased to exclusively present 746 Tustin Avenue, a six-unit multifamily investment property in the city of Newport Beach. The property's well-designed floor plans include 5 two-bedroom / one-bath apartments, and 1 single family home which includes a 4-bedroom (zoned 2-bedroom) / 2-bath approximately 2,000 square feet. The single family home has been completely remodeled and includes its own private backyard and garage. Each unit is individually metered for gas and electricity and contains copper plumbing. Originally constructed in 1959, the building was remodeled in 2013 and provides a private courtyard, laundry facility and swimming pool.
The property is located in the heart of Newport Beach minutes from all surrounding attractions including Newport Beach Pier, Newport Harbor, Balboa Peninsula, Fashion Island, and The Triangle. Newport Harbor High School and Newport Heights Elementary are located one block from the property. Newport Harbor High School has been recognized as an AVID (Advancement Via Individual Determination) National Certified School. The property is situated just two miles from the beach and Balboa Peninsula.
Location
State CA
County Orange
Area N6 - Newport Heights
Interior
Fireplace No
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool Community
Community Features Street Lights, Pool
Utilities Available Sewer Available
Total Parking Spaces 6
Private Pool Yes
Building
Lot Description 2-5 Units/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 42510324
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with RANDY TSE • WELLAND REALTY