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Key Details
Sold Price $3,050,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $3,388
MLS Listing ID NP23067066
Sold Date 06/16/23
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1910
Lot Size 1,600 Sqft
Acres 0.0367
Property Description
Start or crown your short-term-rental portfolio with this ocean view idyllic shingled beach cottage just one home from the sand in Newport Beach. Offering one of the best locations in the city, the historic two-bedroom, one-bath home is quaint, charming and one-of-a-kind, complete with a short-term-rental permit and a long history of successful rentals. Enjoy on-site parking, a one-car garage, and an inviting covered entry porch at the single-level cottage, which is bright, open and ideal for memorable vacations. An open living room flows effortlessly into a kitchen updated with stainless steel appliances, breakfast bar, washer/dryer, a colorful tile backsplash, and custom cabinetry with glass uppers. Bedrooms are spacious, and the upgraded bath offers a shower and a vanity with stone countertop. Guests will appreciate a prime setting just moments from the sand, jetties, the Newport Beach Pier, Fashion Island, surfing at The Wedge, and exploring shops and restaurants at Lido Marina Village. Grocery stores, theaters, hotels, recreation and John Wayne InternationalAirport are all remarkably convenient. Annual short term rental income is approximately $174,000.00 per seller.
Start or crown your short-term-rental portfolio with this ocean view idyllic shingled beach cottage just one home from the sand in Newport Beach. Offering one of the best locations in the city, the historic two-bedroom, one-bath home is quaint, charming and one-of-a-kind, complete with a short-term-rental permit and a long history of successful rentals. Enjoy on-site parking, a one-car garage, and an inviting covered entry porch at the single-level cottage, which is bright, open and ideal for memorable vacations. An open living room flows effortlessly into a kitchen updated with stainless steel appliances, breakfast bar, washer/dryer, a colorful tile backsplash, and custom cabinetry with glass uppers. Bedrooms are spacious, and the upgraded bath offers a shower and a vanity with stone countertop. Guests will appreciate a prime setting just moments from the sand, jetties, the Newport Beach Pier, Fashion Island, surfing at The Wedge, and exploring shops and restaurants at Lido Marina Village. Grocery stores, theaters, hotels, recreation and John Wayne InternationalAirport are all remarkably convenient. Annual short term rental income is approximately $174,000.00 per seller.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Laundry Inside
Exterior
Garage Spaces 1.0
View Ocean
Total Parking Spaces 2
Building
Story 1
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories 1 Story
Others
Monthly Total Fees $30
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jasleen Chhabra • Realty Masters & Associates