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$ 7,190,000
Est. payment | /mo
5 Beds
6 Baths
2,374 Sqft Lot
$ 7,190,000
Est. payment | /mo
5 Beds
6 Baths
2,374 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP24244383
Bedrooms 5
HOA Y/N No
Lot Size 2,374 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Just steps to the sand on the Newport Beach Peninsula, this extraordinary duplex is not only a testament to modern construction, but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a spacious open concept living area, a rooftop deck with ocean views, and a luxurious jacuzzi. Meanwhile, the rear unit, with it's own private entrance, consists of 2 bedrooms and 2 bathrooms, and showcases an expansive rooftop deck complete with a covered dining area, outdoor kitchen, firepit, and another indulgent jacuzzi. With this remarkable duplex, you can enjoy the best of both worlds: a stunning beachfront oasis and a steady stream of rental revenue.
Just steps to the sand on the Newport Beach Peninsula, this extraordinary duplex is not only a testament to modern construction, but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a spacious open concept living area, a rooftop deck with ocean views, and a luxurious jacuzzi. Meanwhile, the rear unit, with it's own private entrance, consists of 2 bedrooms and 2 bathrooms, and showcases an expansive rooftop deck complete with a covered dining area, outdoor kitchen, firepit, and another indulgent jacuzzi. With this remarkable duplex, you can enjoy the best of both worlds: a stunning beachfront oasis and a steady stream of rental revenue.
Just steps to the sand on the Newport Beach Peninsula, this extraordinary duplex is not only a testament to modern construction, but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a spacious open concept living area, a rooftop deck with ocean views, and a luxurious jacuzzi. Meanwhile, the rear unit, with it's own private entrance, consists of 2 bedrooms and 2 bathrooms, and showcases an expansive rooftop deck complete with a covered dining area, outdoor kitchen, firepit, and another indulgent jacuzzi. With this remarkable duplex, you can enjoy the best of both worlds: a stunning beachfront oasis and a steady stream of rental revenue.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Zoning Builder
Interior
Heating Natural Gas
Cooling Central Forced Air
Exterior
Roof Type Metal
Building
Lot Description Sidewalks
Story 3
Lot Size Range 1-3999 SF
Level or Stories 3 Story
Others
Monthly Total Fees $43
Acceptable Financing Cal Vet, Cash, Conventional, Exchange
Listing Terms Cal Vet, Cash, Conventional, Exchange
Listed by Jodi DiTolla • DiTolla Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "