UPDATED:
08/12/2024 05:27 AM
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,374 sqft
Price per Sqft $1,303
MLS Listing ID NP24160191
Style Townhome
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1972
Lot Size 2,614 Sqft
Acres 0.06
Property Description
Rare Investment Opportunity in Newport Shores! This fully occupied duplex, just two blocks from the beach and iconic surf, is a prime find for savvy investors. Each impeccably designed unit features 3 bedrooms and 2 bathrooms, offering exceptional value in one of Newport Beach's most coveted coastal communities. Recent upgrades, including new exterior paint, flooring, bathrooms, and kitchens in both units, elevate the property's appeal and rental potential. Open floor plans, abundant natural light, spacious rooms, and decks and patios perfect for enjoying the ocean breeze make these units highly desirable. The lower unit (A) boasts new vinyl plank flooring, a spacious patio, and stainless appliances, while the upper unit (B) showcases newer flooring, cathedral ceilings, and two decks, one with blue water views. In addition, the duplex includes 3-car garage parking and shared laundry facilities. Professionally managed for years with meticulous attention to maintenance and support, this property offers a seamless revenue opportunity with tenants in leases through July 2025. Don't miss out on this excellent opportunity to invest in Newport Beach.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Equipment Dishwasher, Refrigerator
Appliance Dishwasher, Refrigerator
Laundry Garage
Exterior
Parking Features Garage
Garage Spaces 3.0
View Ocean, Neighborhood
Total Parking Spaces 3
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $44
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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