215 32nd ST, Newport Beach, CA 92663 - MLS#CRNP24155482

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 4,995,000

Est. payment | -/mo

8 Beds

6 Baths

3,000 SqFt

Save

$ 4,995,000

Est. payment | -/mo

Save

8 Beds

6 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,665

MLS Listing ID CRNP24155482

Style Contemporary

Bedrooms 8

Full Baths 5

Half Baths 2

Originating Board California Regional MLS

Year Built 2020

Lot Size 2,352 Sqft

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

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Family Room Separate Family Room

Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Other, Exhaust Fan, Oven Range - Gas, Oven Range - Built-In, Refrigerator

Interior

Heating Forced Air

Cooling Central Forced Air - Electric, 9

Fireplaces Type None

Laundry Gas Hookup, Other, 38

Exterior

Garage Garage

Garage Spaces 2.0

Pool 31, None

View City Lights

Building

Story Three or More Stories

Water District - Public

Architectural Style Contemporary

Others

Tax ID 42335317

Special Listing Condition Not Applicable

Listed by Chris Moreno • Surterre Properties Inc.

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA