215 32nd, Newport Beach, CA 92663
Asking Price: $5,400,000
215 32nd, Newport Beach, CA 92663
Bedrooms: 8
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Bathrooms: 7
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Area: 3000 SqFt.
Description
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.
Features
- 0.05 Acres
- 2 Stories
SELL YOUR HOME
Your home represents a major financial investment. When it’s time to sell, you deserve the individual attention of a professional Realtor who’s committed to representing you. When you’re ready to sell, give the Vitti Real Estate Group a call ...
Learn More
Learn More
Your home represents a major financial investment. When it’s time to sell, you deserve the individual attention of a professional Realtor who’s committed to representing you. When you’re ready to sell, give Vitti Real Estate Group a call ...
Learn More
Learn More
FIND YOUR HOME
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