Newport Beach, CA 92663,210 Lugonia Street
Newport Beach, CA 92663,210 Lugonia Street
Newport Beach, CA 92663,210 Lugonia Street
$2,225,000
Est. payment /mo
$2,250,000
1.1%
Est.Price: ?

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6 Beds
4 Baths
2,614 Sqft Lot
SOLD DATE : 11/20/2023

Key Details

Sold Price $2,225,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23189784

Sold Date 11/20/23

Bedrooms 6

HOA Y/N No

Lot Size 2,614 Sqft

Property Description

Newport Beach Duplex opportunity! Nestled in the heart of one of Southern California's most coveted coastal communities - "Newport Shores". This Duplex represents one of the best values in Newport Beach. It boasts two impeccably designed units that offer incredible investment potential. Both units are 3 bedrooms / 2 bathrooms. This property has a 3-car garage with shared laundry in the garage. A brand new exterior paint job was just completed last month. Both units have large open floor plans making them easy units to keep rented. They feel light, bright, and open... with plenty of natural light and the perfect ocean breeze. This property has been well-maintained and professionally managed for years. Lower Unit (A): 3 bed / 2 bath. - New vinyl flooring. New Bathrooms. Older kitchen with newly painted cabinets. Currently rented at $4,200 / month Lease expires 12/31/23. Upper Unit (B): 3 bed / 2 bath - Fully remodeled just a couple of years ago. Currently rented at $4,350 / month Lease expires 2/29/24. This is a terrific opportunity to invest in a fully occupied duplex property in the highly-desired "Newport Shores" neighborhood. Your Tenants will enjoy living the Southern California lifestyle near beaches, surfing, paddleboarding, boating, and biking. The seller is also selling two other Duplex Properties at the same time. [208 Lugonia Street (MLS# OC23189782) and 209 Walnut Street (MLS# OC23189780)]. These three duplex properties can be purchased together or separately.
Newport Beach Duplex opportunity! Nestled in the heart of one of Southern California's most coveted coastal communities - "Newport Shores". This Duplex represents one of the best values in Newport Beach. It boasts two impeccably designed units that offer incredible investment potential. Both units are 3 bedrooms / 2 bathrooms. This property has a 3-car garage with shared laundry in the garage. A brand new exterior paint job was just completed last month. Both units have large open floor plans making them easy units to keep rented. They feel light, bright, and open... with plenty of natural light and the perfect ocean breeze. This property has been well-maintained and professionally managed for years. Lower Unit (A): 3 bed / 2 bath. - New vinyl flooring. New Bathrooms. Older kitchen with newly painted cabinets. Currently rented at $4,200 / month Lease expires 12/31/23. Upper Unit (B): 3 bed / 2 bath - Fully remodeled just a couple of years ago. Currently rented at $4,350 / month Lease expires 2/29/24. This is a terrific opportunity to invest in a fully occupied duplex property in the highly-desired "Newport Shores" neighborhood. Your Tenants will enjoy living the Southern California lifestyle near beaches, surfing, paddleboarding, boating, and biking. The seller is also selling two other Duplex Properties at the same time. [208 Lugonia Street (MLS# OC23189782) and 209 Walnut Street (MLS# OC23189780)]. These three duplex properties can be purchased together or separately.

Location

State CA

County Orange

Area Oc - Newport Beach (92663)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $4,200

Listing Terms Cash, Conventional

Financing Cash

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Larry Birnbaum • LMB Enterprises
Bought with Tori Rimlinger • Compass
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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