$1,840,000
$1,880,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
2,500 Sqft Lot
SOLD DATE : 11/26/2019
Key Details
Sold Price $1,840,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lido Peninsula (Lipn)
MLS Listing ID NP19205378
Sold Date 11/26/19
Construction Status Additions/Alterations,Building Permit,Fixer
HOA Y/N No
Year Built 1957
Lot Size 2,500 Sqft
Property Description
Excellent location adjacent to Marina Park, near the Newport Pier and so close to the beach and bay! Each home of this permitted duplex (zoned R1) consists of two bedrooms and two bathrooms. The upper was re-built in 2002 - 2003 with beautiful flooring made from Indonesian petrified forest wood that was turned to stone and cut into tiles. The open kitchen boasts quartzite counters. Relax on the large balcony/deck with a peek-a-view ocean view. The master is generous in size with a dual sink vanities in the en-suite bathroom. Both units have large living rooms and high ceilings. The lower unit is not as upgraded but still generates income. It has tile flooring, an awesome private patio and both bathrooms are off the hallway. Both A and B have an excellent history of rental income. Live in the upper and rent out the lower, rent them both, or build your dream home! The 18th St. surf break is calling your name!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s), Bedroom on Main Level
Heating Central
Cooling None
Flooring See Remarks, Tile
Fireplaces Type Dining Room, Gas, Living Room
Fireplace Yes
Appliance Dishwasher, Electric Range, Disposal, Gas Range, Refrigerator, Water Heater, Dryer, Washer
Laundry Common Area, In Garage
Exterior
Garage Assigned
Garage Spaces 2.0
Garage Description 2.0
Fence Good Condition
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Water Sports
Waterfront Description Across the Road from Lake/Ocean,Beach Access
View Y/N Yes
View Peek-A-Boo
Roof Type Shingle
Parking Type Assigned
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories Two
New Construction No
Construction Status Additions/Alterations,Building Permit,Fixer
Others
Senior Community No
Tax ID 04718210
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Jacquelene Kan • Re/Max Universal Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA