5 Beds
5 Baths
2,700 SqFt
5 Beds
5 Baths
2,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $1,740
MLS Listing ID 219151871
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1994
Lot Size 2,688 Sqft
Property Sub-Type Duplex
Property Description
Active STR permits in this neighborhood are exceptionally scarce .
Transferability and continued eligibility are subject to verification with the City of Newport Beach and applicable City requirements
This fully permitted turn-key setup offers immediate , high -yield revenue potential through Airbnb, VRBO or luxury vacation leasing , making it a premier asset for buyers seeking strong cash flow or a personal coastal retreat with built in income
There are independent entries for each living space and high-end upgrades throughout
upper Residence :3 bedrooms /2 Baths with vaulted ceilings and private balcony
Main Level Residence : 2 bedrooms / 2 Baths with a cozy fireplace
Penthouse Studio : private entry and full bath -ideal for extended stays or maximizing overall rental yield
Key Highlights and Amenities : Chef's Kitchen :Designed with custom cabinets , quartz counters and stainless steel appliances
and wide -plank hardwood floors
3 separate utility meters to maximize rental efficiency and minimize landlord overhead
Parking & Views : Includes 4 total parking
spaces (2 -car garage +2-car carport) along with peek-a -boo-ocean views
Prime Location: Situated steps from Lido Marina Village , nearby beaches , and exclusive hotspots like Nobu, mayor's Table , and Lido House
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Central
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Gas Starter, Living Room
Fireplace true
Exterior
Garage Spaces 4.0
View Y/N true
View City Lights, Peek-A-Boo
Private Pool No
Building
Lot Description Private
Story 2
Entry Level Two
Sewer Public Hookup Available
Level or Stories Two
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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