215 32nd Street Active

Newport Beach,CA 92663

$ 4995000

8 Beds

0 Bath

3000 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,665

MLS Listing ID CRNP24155493

Bedrooms 8

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 Zoned,Other

Flooring Vinyl

Laundry Gas Dryer Hookup,Other,Inside

Exterior

Exterior Feature Other

Utilities Available Sewer Connected

View Y/N true

View City Lights

Building

New Construction No

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