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Key Details
Sold Price $5,135,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP24014764
Sold Date 05/23/24
Bedrooms 6
HOA Y/N No
Lot Size 3,237 Sqft
Property Description
Ideally situated in the West Newport enclave of the Newport Beach Peninsula. Life on the Seashore is more fun than ever at this luxurious partial beach-front residence. Enjoy breathtaking ocean, sunset, coastline, crashing waves, from inside and out. The exquisite seashore duplex offers a unique opportunity to own a rare piece of paradise. With stunning ocean views, this multifamily home is a one-of-a-kind gem. Each unit boasts spacious living areas, modern amenities and direct access to the beach. Whether you're looking for a serene escape or an investment property with unparalleled rental potential, this seaside duplex with TWO short term rental permits is a dream come true. 5 car parking. The splendid coastal retreat features six bedrooms and three bathrooms. With this generous bedroom and bathroom configuration, you'll have plenty of space for family and friends to enjoy the comforts of beachfront living. This duplex offer a luxurious escape with all the amenities you need to make the most of your seaside experience. Grocery stores, theaters, hotels, world class golf, recreation and JWA international airport are all remarkably convenient. Property has the potential to receive over $400K annually in STR gross income.
Ideally situated in the West Newport enclave of the Newport Beach Peninsula. Life on the Seashore is more fun than ever at this luxurious partial beach-front residence. Enjoy breathtaking ocean, sunset, coastline, crashing waves, from inside and out. The exquisite seashore duplex offers a unique opportunity to own a rare piece of paradise. With stunning ocean views, this multifamily home is a one-of-a-kind gem. Each unit boasts spacious living areas, modern amenities and direct access to the beach. Whether you're looking for a serene escape or an investment property with unparalleled rental potential, this seaside duplex with TWO short term rental permits is a dream come true. 5 car parking. The splendid coastal retreat features six bedrooms and three bathrooms. With this generous bedroom and bathroom configuration, you'll have plenty of space for family and friends to enjoy the comforts of beachfront living. This duplex offer a luxurious escape with all the amenities you need to make the most of your seaside experience. Grocery stores, theaters, hotels, world class golf, recreation and JWA international airport are all remarkably convenient. Property has the potential to receive over $400K annually in STR gross income.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Zoning Assessor
Building
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Monthly Total Fees $44
Acceptable Financing Conventional, Seller May Carry
Listing Terms Conventional, Seller May Carry
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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 Annie Clougherty • Compass