UPDATED:
10/23/2024 10:55 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,968 sqft
Price per Sqft $1,168
Subdivision Newport Shores (News)
MLS Listing ID NP24103569
HOA Y/N No
Year Built 1974
Lot Size 2,565 Sqft
Acres 0.0589
Property Description
The property includes a 2-car garage, a carport, and shared laundry facilities. Both units boast spacious, open floor plans filled with natural light and a refreshing ocean breeze. The 3-bedroom unit features a large balcony at the back and another at the front, providing ample sunlight and outdoor enjoyment. The 2-bedroom unit has a sliding glass door at the front, offering lots of light and access to cool ocean breezes.
Well-maintained with longstanding tenants, the property offers the following rental details:
- **Lower Unit (A)**: 2 bed / 1 bath updated several years ago, currently rented at $2,800/month (underperforming).
- **Upper Unit (B)**: 3 bed / 2 bath, recently remodeled, currently rented at $3,600/month (underperforming).
This is a fantastic chance to invest in a fully occupied duplex in the desirable "Newport Shores" neighborhood. Tenants will enjoy the Southern California lifestyle, with easy access to beaches, surfing, paddleboarding, boating, and biking.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Ensuite Laundry In Garage
Interior
Interior Features Balcony, Ceiling Fan(s), High Ceilings
Laundry Location In Garage
Heating Central
Cooling None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Water Heater
Laundry In Garage
Exterior
Garage Carport, Garage Faces Rear
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Fence Wood
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access
Parking Type Carport, Garage Faces Rear
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42443401
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Trust
Lease Land No
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