$2,525,000
$2,599,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
2,800 SqFt
SOLD DATE : 10/03/2018
Key Details
Sold Price $2,525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $901
Subdivision West Newport Beach (Wsnb)
MLS Listing ID OC18214677
Sold Date 10/03/18
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1963
Property Description
This is a RARE and SPECIAL opportunity to own a highly sought-after investment property on Seashore Drive; located on a rarely available and highly desirable oversized "Oceanaire" corner lot in Newport Beach with unobstructed ocean views! This is one of the largest lots in the area. The home is a large two-story duplex with three bedrooms, three baths, and a large front patio on the first floor. The second floor has five bedrooms and three baths, ocean views with a front balcony and a large deck over carport. Both units have large open floor plans with chef inspired kitchens. There is a community laundry room and a three-car garage and a one car carport, as well as the potential to park two additional cars behind garage. 6 car parking! This duplex is currently a vacation rental and is rented through the end of August. Property lends itself to short term (annual income can exceed $100,000.00), seasonal or long-term rentals. This prime location is within close proximity to local shops, restaurants, 5 star dining and all that Newport Beach offers. Excellent opportunity to own a large beach house, vacation rental, or live in one unit and rent out the other. Great time to invest in Newport Beach, community revitalization is well underway. Prime coastal property.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 3
Ensuite Laundry Outside
Interior
Interior Features Multiple Master Suites
Laundry Location Outside
Cooling None
Fireplaces Type None
Fireplace No
Laundry Outside
Exterior
Garage Carport, Garage
Garage Spaces 3.0
Carport Spaces 1
Garage Description 3.0
Pool None
Community Features Sidewalks
Waterfront Description Ocean Side Of Highway
View Y/N Yes
View Ocean, Water
Parking Type Carport, Garage
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42331111
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Debbie Millar • Arbor Real Estate
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "