$5,135,000
$5,295,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
3,236 Sqft Lot
SOLD DATE : 05/23/2024
Key Details
Sold Price $5,135,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP24014764
Sold Date 05/23/24
HOA Y/N No
Year Built 1963
Lot Size 3,236 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.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Fireplace No
Laundry Common Area, Inside, Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Water Sports
View Y/N Yes
View Coastline, Ocean, Water
Total Parking Spaces 5
Private Pool No
Building
Lot Description Value In Land
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42446416
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Annie Clougherty • Compass
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA