215 32nd Street, Newport Beach, CA 92663 (MLS # NP24155493)

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PRICE $4,995,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 3,000 sqft
LOT SIZE 2,353 sqft

TWO SHORT TERM PERMITS - 2023 Revenue - Real numbers generated = $275,000. Seller will do a "2/1" buydown- buy down the buyers rate 2% for the first year, and 1% the second year.This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors’ dream as the property has been recently completed and fully operational with proven substantial rental income. The units consist of a 5-bedroom 3.5 bath rear unit beautiful kitchen and appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property has independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across the street to the most beautiful beaches in Newport. Lido Marina Village has recently gone through an incredible makeover and offers the best restaurant and shopping Newport Beach has to offer. Along with direct access to Lido and the beaches, you are located just off Pacific Coast Highway and direct access to the freeways.

DAYS ON MARKET 102 LAST UPDATED 9/27/2024
TRACT Balboa Peninsula (Residential) (BALP) YEAR BUILT 2020
COMMUNITY West Newport - Lido GARAGE SPACES 2.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Sep 27, '24 $5,400,000
Sep 27, '24 - Today $4,995,000


ADDITIONAL DETAILS
AIR Electric, Zoned
AIR CONDITIONING Yes
APPLIANCES Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
AREA West Newport - Lido
GARAGE Direct Access, Garage, Yes
HEAT Forced Air
INTERIOR All Bedrooms Up, Balcony, Built-in Features, Ceiling Fan(s), Furnished, Galley Kitchen, Recessed Lighting, Stone Counters, Walk-In Closet(s)
LOT 2352 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
PARKING Direct Access,Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Contemporary
SUBDIVISION Balboa Peninsula (Residential) (BALP)
UTILITIES Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
VIEW Yes
VIEW DESCRIPTION City Lights
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Surterre Properties Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 11/8/24 1:42 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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