8 Beds
7 Baths
3,000 SqFt
8 Beds
7 Baths
3,000 SqFt
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,665
MLS Listing ID NP24155482
Style Townhome
Bedrooms 8
Full Baths 5
Half Baths 2
HOA Y/N No
Year Built 2020
Lot Size 2,352 Sqft
Acres 0.054
Property Description
TWO SHORT TERM PERMITS - 2023 Revenue - Real numbers generated = $275,000. Seller will do a "2/1" buydown- buy down the buyers rate 2% for the first year, and 1% the second year. This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors dream as the property has been recently completed and fully operational with proven substantial rental income. The units consist of a 5-bedroom 3.5 bath rear unit beautiful kitchen and appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property has independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across the street to the most beautiful beaches in Newport. Lido Marina Village has recently gone through an incredible makeover and offers the best restaurant and shopping Newport Beach has to offer. Along with direct access to Lido and the beaches, you are located just off Pacific Coast Highway and direct access to the freeways.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Interior Features Living Room Balcony, Recessed Lighting, Stone Counters, Furnished
Cooling Zoned Area(s), Electric
Flooring Linoleum/Vinyl
Equipment Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Gas Range
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Gas Range
Laundry Inside
Exterior
Garage Direct Garage Access
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View City Lights
Total Parking Spaces 4
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 3 Story
Others
Monthly Total Fees $43
Miscellaneous Storm Drains
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
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