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$ 3,995,000
Est. payment | /mo
5 Beds
3 Baths
2,561 Sqft Lot
$ 3,995,000
Est. payment | /mo
5 Beds
3 Baths
2,561 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID LG26166425
Bedrooms 5
Lot Size 2,561 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. The property features two separate residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the property is newly painted. A one-car garage provides convenient parking and storage. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street youll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.
Location
State CA
County Orange
Zoning Assessor
Direction 16th X Balboa
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 04721102
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://my.matterport.com/show/?m=htrNVcChZgt
Listed by Sean Jarne, DRE#01447010 First Team Real Estate
NEARBY SCHOOLS & PROPERTIES
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