$2,650,000
$2,799,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2,613 Sqft Lot
SOLD DATE : 11/13/2020
Key Details
Sold Price $2,650,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP20169885
Sold Date 11/13/20
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1963
Lot Size 2,613 Sqft
Acres 0.06
Property Description
HEAR the WAVES! Rare Multi-unit property located in a PRIME location, for the Love of the Sand and Sea. 115 42nd is only 3 houses from the beach on the 100 Block on the Balboa Peninsula of Newport Beach. Just steps from the Surf and Sand, restaurants, piers, entertainment, parks, trails and shopping. This property has captivating Ocean Views from its upstairs balcony. This Multi-unit income property is the perfect destination for people to visit from around the world. The upstairs unit a 3 bed2 full bath has a large living room and open faced kitchen to get that afternoon ocean breeze. With it's large vaulted ceilings and bamboo flooring along with its Polynesian style decor you can't help but feel like your on the Islands. Granite counter tops, stainless steel range, and a glass bar helps you feel the luxury of what living in Newport Beach is all about. The balcony view of the ocean is relaxing and detoxifying after you have had a long day, with a peek a boo view of the ocean from the back balcony. The lower unit is a 3 bedroom 2 full bath room's with the feel that you are staying a luxury hotel. The patio is large and great for BBQ's all year round. The building had 3 enclosed garages parking spots outside washer/dryer hook-ups which are coin-op for additional income. The property has been recently improved with a nearly new composition roof, copper plumbing, the water has been separated if you would like to do a condo conversion. A MUST SEE!!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Ensuite Laundry Inside, In Garage, Stacked
Interior
Interior Features Ceiling Fan(s), High Ceilings
Laundry Location Inside,In Garage,Stacked
Heating Forced Air, Fireplace(s), Wall Furnace
Cooling None
Flooring Bamboo, Carpet
Fireplaces Type Gas
Fireplace Yes
Appliance Disposal, Gas Oven, Gas Water Heater
Laundry Inside, In Garage, Stacked
Exterior
Garage Door-Multi, Door-Single, Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Block
Pool None
Community Features Dog Park, Golf, Hiking, Park, Street Lights, Sidewalks, Water Sports
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Accessibility See Remarks
Parking Type Door-Multi, Door-Single, Garage
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 42302313
Security Features Smoke Detector(s)
Energy Description 600.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with John Zarvos • Viking Real Estate and Inv.
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