$2,850,000
$2,950,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2,300 SqFt
SOLD DATE : 04/22/2022
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $1,239
Subdivision West Newport Beach (Wsnb)
MLS Listing ID OC21246428
Sold Date 04/22/22
HOA Y/N No
Year Built 1930
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Opportunity is knocking! Priced significantly below recent appraised value, this adorable California Mission-style bungalow is just steps from the
sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at
the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and
large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by
travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights!
There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of
$100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent
weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree
investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Level, Rectangular Lot
Story 1
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 42332202
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Carter Kaufman • Compass
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