$3,650,000
$3,995,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
2,584 SqFt
SOLD DATE : 11/03/2023
Key Details
Sold Price $3,650,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,584 sqft
Price per Sqft $1,412
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP23174673
Sold Date 11/03/23
Bedrooms 5
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1963
Lot Size 3,288 Sqft
Property Description
A terrific opportunity to own a rarely available "Oceanaire" just steps from the sand on the Balboa Peninsula. Bring your imagination and architect/designer to this property with unlimited potential and peek-a-boo ocean views. Presently configured as two units the lower level has two bedrooms and one bath and an extra large front patio for entertaining. Upstairs, there is a three bedroom, one bath unit with a rear patio and a sunny front terrace. Laundry is on-site in a separate room with access from the side of the property. Parking is a three-car carport which could easily be converted into an enclosed garage. Remodel both units to capitalize on the ocean-close rental market, or convert to a Single Family with attached ADU. There are multiple options given the large lot size of 3289 sft. Surf, sand, terrific restaurants, and shops are all within easy walking distance of this prime Newport Beach location.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 2
Interior
Interior Features Balcony
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Freezer, Gas Cooktop, Disposal, Refrigerator
Laundry Laundry Room, See Remarks
Exterior
Garage Attached Carport, Covered, Carport
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Park, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood, Ocean, Peek-A-Boo, Water
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description Street Level, Value In Land
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Fixer
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42446408
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Other
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 General NONMEMBER • NONMEMBER MRML
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA