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Key Details
Sold Price $3,150,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 2,326 sqft
Price per Sqft $1,354
MLS Listing ID OC24120988
Sold Date 08/15/24
Style Townhome
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1956
Lot Size 2,550 Sqft
Acres 0.0585
Property Description
Discover a prime investment opportunity with this duplex and casita located in a rare and highly desired neighborhood. This property presents endless potential for both moderate and high-end renovations, catering to various investor strategies. With multiple rental options available, each of the three units offers its own separate entrance for enhanced privacy and rental flexibility. The main house features 3 bedrooms and 2.5 baths spanning 1642 sqft, while the back unit offers 2 bedrooms and 1 bath across 684 sqft. Additionally, a versatile casita with 1 bedroom and 1 bath (potentially an efficiency studio) occupies 239 sqft (non-conforming, not included in total square footage). Situated in Balboa Island of Newport Beach, this home is perfect for savvy investors seeking to capitalize on a promising location and multiple winning property configurations.
Discover a prime investment opportunity with this duplex and casita located in a rare and highly desired neighborhood. This property presents endless potential for both moderate and high-end renovations, catering to various investor strategies. With multiple rental options available, each of the three units offers its own separate entrance for enhanced privacy and rental flexibility. The main house features 3 bedrooms and 2.5 baths spanning 1642 sqft, while the back unit offers 2 bedrooms and 1 bath across 684 sqft. Additionally, a versatile casita with 1 bedroom and 1 bath (potentially an efficiency studio) occupies 239 sqft (non-conforming, not included in total square footage). Situated in Balboa Island of Newport Beach, this home is perfect for savvy investors seeking to capitalize on a promising location and multiple winning property configurations.
Location
State CA
County Orange
Area Oc - Newport Beach (92662)
Zoning R2
Interior
Interior Features Balcony, Granite Counters, Pantry, Stone Counters
Cooling Wall/Window
Flooring Carpet, Laminate, Tile
Fireplaces Type FP in Family Room
Equipment Microwave, Refrigerator, Electric Oven, Gas Stove, Vented Exhaust Fan
Appliance Microwave, Refrigerator, Electric Oven, Gas Stove, Vented Exhaust Fan
Laundry Kitchen
Exterior
Garage Garage
Garage Spaces 2.0
View Neighborhood, Peek-A-Boo
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Architectural Style Cape Cod, Traditional
Level or Stories 2 Story
Others
Monthly Total Fees $257
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, 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 Duke Nguyen • Equity Partners Real Estate and Lending Inc