$2,387,500
$2,800,000
14.7%For more information regarding the value of a property, please contact us for a free consultation.
3,484 Sqft Lot
SOLD DATE : 03/13/2020
Key Details
Sold Price $2,387,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP19158179
Sold Date 03/13/20
HOA Y/N No
Year Built 1951
Lot Size 3,484 Sqft
Property Description
Boasting a nearly 3,500 square foot lot and ocean views, approximately 50 steps from the sands of the Pacific Ocean, this West Newport Beach duplex is a hidden gem for those wanting the beach lifestyle away from the overloaded tourist hubs. Zoned R2 and approved for short-term rentals, this prime duplex - currently featuring two, two-bedroom and two-bathroom units, one with an ocean view - has endless options... keep as-is and rent one or both units for income (short-term rentals for added profits or long-term rentals for reduced turnover and increased stability); live in one, rent the other; remodel both for added income or living comfort; or, perhaps the most advantageous opportunity with this extensive lot - build an enormous new duplex or astounding single-family home. The possibilities are truly endless. In addition to direct beach access mere paces away, enjoy nearby parks, restaurants, walking, biking, shopping and everything Newport Beach has to offer.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Parking Type Garage
Total Parking Spaces 6
Private Pool No
Building
Lot Description Corner Lot, Rectangular Lot, Value In Land
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04509203
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard, Trust
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Bought with Chris Brigandi • Arbor Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "