$1,750,000
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2,178 Sqft Lot
SOLD DATE : 04/26/2021
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Newport Shores (News)
MLS Listing ID NP21032695
Sold Date 04/26/21
HOA Y/N No
Year Built 1975
Lot Size 2,178 Sqft
Property Description
FIRST TIME ON THE MARKET IN 35 YEARS!! Perfect duplex for prime Newport Beach living offers investment potential, rental income and a 1031 exchange opportunity for the savvy buyer. Located in Newport Shores, this steps-to-the sand duplex has it all. There are two separate units, the upstairs has 3 bedrooms and 2 baths, with a 1 bedroom, 1 bath downstairs. Live in one and rent the other, or use both units for in-demand beach income properties minus the HOA fees. Walk to Newport Peninsula, Cannery Village, Lido Marina Village, Pavilions, Lido House Hotel and all the cool coffee spots, bars, and restaurants that define Newport Shores living. Think ocean breezes and ocean views with upstairs private brand-new roof deck and glass sliders bringing the exterior in. Downstairs boasts a patio with French doors for entertaining. Brick fireplaces in both units make for cozy winter nights. Both freshly painted homes have wood beamed vaulted ceilings, double pane windows, sliding glass doors, stainless steel appliances, updated vanities, newer washer/dryer with laminate and tile flooring throughout. Both master bedrooms have convenient en suite baths. In addition, 2 car garage and 2 carport parking spots, located in the desirable Newport Mesa School District.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Walk-In Closet(s)
Heating Central
Cooling None
Flooring Laminate, Tile, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Microwave, Refrigerator
Laundry Common Area, Outside, Stacked
Exterior
Parking Features Attached Carport, Covered, Door-Multi, Garage
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks, Park
View Y/N Yes
View Neighborhood, Ocean, Peek-A-Boo, Water
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Patio Home
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04508312
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Jenna Downes • Compass
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States