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    3215 Clay Street

    Newport Beach, CA 92663
    • $2,100,000
    • STATUS: CONTINGENT
    • ON SITE: 26 Days
    • ID#: PW21203687
    Under Contract
    UPDATED: 45 min ago
    $2,100,000
    • 6
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Great opportunity to own a Duplex in Newport Beach. Located in coveted neighborhood of Newport Heights among luxury homes. This property is a rare find. Both units are 3 Bedrooms 2.5 Baths each with 2 Car garages, direct garage access and good size backyard with patio. Interiors were updated 2 and 3 years ago. Laminate Floors, Granite countertops, Dual Paned Windows and Doors. Each unit has a nice size private backyard and patio.Tenants pay gas & electric, owner pays water and trash & insurance. Both tenants are on month to month agreements and are good tenants. If you have interest in building your dream home you can keep the tenants until you are ready to build. Newport Heights community is within walking distance to the Beach, Markets, a multitude of excellent restraurants, bars, Starbucks, Parks & Hoag Hospital. Newport Heights is an exclsive neighborhood within walking or biking to the Pennisula, Lido Island, The Pier, Boating, Surfing, Paddle Boarding, and every restraunt you could dream of. This is a quiet, friendly neighborhood.The property is located close to great schools, including Newport Heights Elementary, Ensign Middle School & Newport Harbor High School. Rents are well below current market rates of approximately $4,500. The interior photos are of one of the units, both units are model matches. In the Newport Heights neighborhood title shows there are only 18 duplexes, 1 triplex & 2 4 Plexes. This is really a rare find. Please view the video to show proximity to the beach, click on the 360 above to see everything Newport Beach has to offer. You can also go to Great opportunity to own a Duplex in Newport Beach. Located in coveted neighborhood of Newport Heights among luxury homes. This property is a rare find. Both units are 3 Bedrooms 2.5 Baths each with 2 Car garages, direct garage access and good size backyard with patio. Interiors were updated 2 and 3 years ago. Laminate Floors, Granite countertops, Dual Paned Windows and Doors. Each unit has a nice size private backyard and patio.Tenants pay gas & electric, owner pays water and trash & insurance. Both tenants are on month to month agreements and are good tenants. If you have interest in building your dream home you can keep the tenants until you are ready to build. Newport Heights community is within walking distance to the Beach, Markets, a multitude of excellent restraurants, bars, Starbucks, Parks & Hoag Hospital. Newport Heights is an exclsive neighborhood within walking or biking to the Pennisula, Lido Island, The Pier, Boating, Surfing, Paddle Boarding, and every restraunt you could dream of. This is a quiet, friendly neighborhood.The property is located close to great schools, including Newport Heights Elementary, Ensign Middle School & Newport Harbor High School. Rents are well below current market rates of approximately $4,500. The interior photos are of one of the units, both units are model matches. In the Newport Heights neighborhood title shows there are only 18 duplexes, 1 triplex & 2 4 Plexes. This is really a rare find. Please view the video to show proximity to the beach, click on the 360 above to see everything Newport Beach has to offer. You can also go to the web site attached for Vimeo https://vimeo.com/user9072077/review/610469717/61c3ee31c9

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.solisteamrealty.com/homes/121669602
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    3215 Clay Street Newport Beach, CA 92663

    • Price: $2,100,000
    • Status: CONTINGENT
    • Updated: 45 min ago
    • ID#: PW21203687
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    Neighborhood:
    Oc - Newport Beach (92663)
    County:
    Orange
    Area:
    Oc - Newport Beach (92663)
    Property Description
    Great opportunity to own a Duplex in Newport Beach. Located in coveted neighborhood of Newport Heights among luxury homes. This property is a rare find. Both units are 3 Bedrooms 2.5 Baths each with 2 Car garages, direct garage access and good size backyard with patio. Interiors were updated 2 and 3 years ago. Laminate Floors, Granite countertops, Dual Paned Windows and Doors. Each unit has a nice size private backyard and patio.Tenants pay gas & electric, owner pays water and trash & insurance. Both tenants are on month to month agreements and are good tenants. If you have interest in building your dream home you can keep the tenants until you are ready to build. Newport Heights community is within walking distance to the Beach, Markets, a multitude of excellent restraurants, bars, Starbucks, Parks & Hoag Hospital. Newport Heights is an exclsive neighborhood within walking or biking to the Pennisula, Lido Island, The Pier, Boating, Surfing, Paddle Boarding, and every restraunt you could dream of. This is a quiet, friendly neighborhood.The property is located close to great schools, including Newport Heights Elementary, Ensign Middle School & Newport Harbor High School. Rents are well below current market rates of approximately $4,500. The interior photos are of one of the units, both units are model matches. In the Newport Heights neighborhood title shows there are only 18 duplexes, 1 triplex & 2 4 Plexes. This is really a rare find. Please view the video to show proximity to the beach, click on the 360 above to see everything Newport Beach has to offer. You can also go to Great opportunity to own a Duplex in Newport Beach. Located in coveted neighborhood of Newport Heights among luxury homes. This property is a rare find. Both units are 3 Bedrooms 2.5 Baths each with 2 Car garages, direct garage access and good size backyard with patio. Interiors were updated 2 and 3 years ago. Laminate Floors, Granite countertops, Dual Paned Windows and Doors. Each unit has a nice size private backyard and patio.Tenants pay gas & electric, owner pays water and trash & insurance. Both tenants are on month to month agreements and are good tenants. If you have interest in building your dream home you can keep the tenants until you are ready to build. Newport Heights community is within walking distance to the Beach, Markets, a multitude of excellent restraurants, bars, Starbucks, Parks & Hoag Hospital. Newport Heights is an exclsive neighborhood within walking or biking to the Pennisula, Lido Island, The Pier, Boating, Surfing, Paddle Boarding, and every restraunt you could dream of. This is a quiet, friendly neighborhood.The property is located close to great schools, including Newport Heights Elementary, Ensign Middle School & Newport Harbor High School. Rents are well below current market rates of approximately $4,500. The interior photos are of one of the units, both units are model matches. In the Newport Heights neighborhood title shows there are only 18 duplexes, 1 triplex & 2 4 Plexes. This is really a rare find. Please view the video to show proximity to the beach, click on the 360 above to see everything Newport Beach has to offer. You can also go to the web site attached for Vimeo https://vimeo.com/user9072077/review/610469717/61c3ee31c9
    Exterior Features

    Lot Dimensions Approx 50X105 Pool N/K Site CurbsSidewalks Spa N/K Topography Level Units With Patios 2

    Interior Features

    Cooling Central Forced Air Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Units With Cooling 0 Units With Range Oven 2 Units With Refrigerators 0 Units With Washers 2

    Property Features

    Actual Cap Rate 2.69 Annual Expense Actual 25750 Buildings 1 Cfd Mello Roos Fee 609.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 25.0 Gross Scheduled Income Actual 84000 Home Owners Fees 0.0 Possession Close Of Escrow Tenant Pays ElectricityGas/Propane Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 3500.0 Unit2 Rent Actual 3500.0 Zoning Public Rec

    Listing provided courtesy of Bhhs Ca Properties. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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