$3,300,000
$3,500,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2,178 Sqft Lot
SOLD DATE : 05/23/2022
Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC22048179
Sold Date 05/23/22
HOA Y/N No
Year Built 1965
Lot Size 2,178 Sqft
Property Description
You've hit the jackpot with this rare, highly sought-after, and amazingly valued investment prospect in Newport Beach! Take advantage of the multifold income from owning a triplex, with the 3-bed, 3-bath, and the 2-bed, 1-bath presenting individual living rooms and kitchens. Discover beautifully designed interiors bathed in abundant sunlight and private retreats with mirrored closets and ceiling fans. Granite countertops and elegant tile work adorn some baths, along with frosted glass-enclosed showers. An adjoining door connects the second residence to the last 1-bed, 1-bath unit, which offers an option to expand into a 4-bedroom, 4-bath home whenever potential clients request a larger living space.
Adding further appeal to this multi-unit property is its 2 single garages and additional parking space at the back of the lot. For extra convenience, these dwellings come with a shared laundry room. Whenever you're not spending leisurely weekends at the beach, check out the restaurants and shopping options near its enviable location that attracts those who desire a laid-back lifestyle all for themselves. Come take advantage of this rare opportunity before someone else does!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features All Bedrooms Up, All Bedrooms Down
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04709224
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Trust
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Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER