215 32nd Street Active

Newport Beach,CA 92663

$ 4995000

8 Beds

6 Baths

3000 SqFt


Key Details

Property Type Commercial

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,665

MLS Listing ID CRNP24155482

Bedrooms 8

Full Baths 5

Half Baths 2

Year Built 2020

Lot Size 2,352 Sqft

Property Description

TWO SHORT TERM PERMITS - 2023 Revenue - Real numbers generated = $275,000. Seller will do a "2/1" buydown- buy down the buyers rate 2% for the first year, and 1% the second year. This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors�?? dream as the property has been recently completed and fully operational with proven substantial rental income. The units consist of a 5-bedroom 3.5 bath rear unit beautiful kitchen and appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property has independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across

Location

State CA

County Orange

Area Listing

Interior

Heating Forced Air

Cooling Ceiling Fan(s),Zoned,Other

Flooring Vinyl

Fireplaces Type None

Laundry Gas Dryer Hookup,Other,Inside

Exterior

Garage Spaces 2.0

Pool None

Utilities Available Sewer Connected,Cable Available,Natural Gas Connected

View Y/N true

View City Lights

Building

Lot Description Street Light(s),Storm Drain

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Newport-Mesa Unified

View More
Favorite Go Tour