$2,600,000
$2,600,000
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2,178 Sqft Lot
SOLD DATE : 05/28/2021
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP21059068
Sold Date 05/28/21
HOA Y/N No
Year Built 1982
Lot Size 2,178 Sqft
Property Sub-Type Duplex
Property Description
This townhouse style duplex is just a few steps from beach, located on the 100 block of the Newport Beach Peninsula. Unit A is a two level, 2 bedroom, 1.5 Bath, ceiling fans in every room, mounted TVs, vaulted ceilings, wood-burning fire place and balcony views of the ocean. Unit B is an open floor plan, 2 bedroom and 1 full bathroom. It's all one level with vaulted ceilings throughout, gas fireplace, newly renovated kitchen, wash and dryer and balcony views of the ocean in both bedrooms. The property has a massive 4 car garage and outdoor surf shower. Perfectly located near PCH, restaurants, surf, bike paths, shopping and all Newport Beach living has to offer. This already profitable rental property brings in $105,600 a year and is a fantastic investment opportunity.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Zoning R2
Interior
Interior Features Balcony, Ceiling Fan(s), High Ceilings
Heating None
Flooring Laminate
Fireplaces Type Den, Family Room, Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Direct Access, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Biking, Curbs, Gutter(s), Street Lights, Suburban, Water Sports
Utilities Available None
View Y/N Yes
View Peek-A-Boo
Roof Type Shake
Accessibility Parking
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42441303
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Sharon Embrey • Seven Gables Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "