$3,695,000
For more information regarding the value of a property, please contact us for a free consultation.
2,299 Sqft Lot
SOLD DATE : 09/12/2025
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25090232
Sold Date 09/12/25
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1965
Lot Size 2,299 Sqft
Property Sub-Type Duplex
Property Description
Vacation rental ready with the City of Newport Beach short-term rental permit, this modern farmhouse property features a 3 bedroom plus den (or 4th bedroom) 3-bathroom front unit and a 3 bedroom, 2 bath back unit. The property has been highly upgraded with white exterior siding, black windows, modern aluminum roofing, front patio and two rooftop decks, making this the perfect investment property. Both units feature light and bright open floor plans and are highlighted with designer finishes throughout including hardwood floors, reclaimed wood wall, barn doors, shiplap and high-end appliances. All bedrooms have spacious closets and there is ample storage throughout the property. Additional features include 2 car garage plus 2 additional parking spaces. Located in a quiet location in the 100 block allows for parking on both sides of the street. Easy access to both the bay and the beach. Close proximity to Lido Marina Village, Lido House Hotel, and all the restaurants and shops of Newport Beach. The property has stellar established gross rental history, with gross income at approximately $200,000. Financials are available upon request. Furniture included in purchase.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Crown Molding, Open Floorplan, Recessed Lighting
Heating Electric
Cooling Electric
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
Laundry Common Area, Washer Hookup, Inside, In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Canal, City Lights, Water
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 42337502
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
Lease Land No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with General NONMEMBER NONMEMBER MRML
