$4,995,000

Beds: 8
Baths: 5 full, 2 half
Sqft: 3,000
Sqft lot: 2,352
Acre lot: 0.05
109 Days On Market -

ContactSue Otto-Calkins

Courtesy of Surterre Properties Inc.

Status: Active
Property Type: Townhome
Year Built: 2020
Days On Website: 109
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

Features

Bathrooms

  • 2 half bathrooms
  • 5 full bathrooms
  • 7 total bathrooms

Bedrooms

  • 8 bedrooms
  • 8 total bedrooms

Building

  • 3,000 estimated square feet
  • Source: Estimated
  • Built in 2020
  • 2 stories
  • 3 story

Cooling

  • Zoned Area(s)
  • Electric

Floors

  • Linoleum/Vinyl

Water Features

  • Tankless
  • Public

Heating

  • Forced Air Unit

Laundry

  • Inside
  • Gas
  • Gas & Electric Dryer HU

Listing

  • Source: SDMLS
  • For Sale
  • 60 days on market
  • Listed on 2024-07-29

Location

  • County: Orange

Lot

  • Approximately 2,352 square feet
  • 1-3,999 SF
  • Approximately 0 acres

Miscellaneous

  • Storm Drains

Garage

  • 2 garage parking spaces
  • Direct Garage Access

Parking

  • 4 total parking spaces

Property

  • City Lights

Sewer

  • Public Sewer

Property Map

Map View


$4,995,000 -215 32nd Street, Newport Beach, CA 92663

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215 32nd Street
Newport Beach, CA 92663
County: Orange

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Sue Otto-Calkins