714-914-4996

215 32nd Street,
Newport Beach, CA 92663

$4,995,000

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.

Basic Information

MLS #:
NP24155482

Price:
$4,995,000

Price
(per sq ft):
$1,665.00

Address:
215 32nd Street ,
Newport Beach, CA 92663

MLS Area:
N8 - West Newport - Lido

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Duplex

Days on Market:
84

Status:
Active

Bedrooms:
8

Bathrooms:
7

Full Baths:
5

Size (sq ft):
3,000 sq ft

Lot Size:
2,352 sq ft

Year Built:
2020

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Up, Bonus Room, Den, Galley Kitchen, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Separate Family Room, Walk-In Closet

Eating Area:

Laundry:
Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside

Entry Location:
ground level

Interior Features

Fireplace:
None

Cooling:
Electric, Zoned

Heating:
Forced Air

Floor:
Vinyl

Appliances:
Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan

Interior Features:
Built-in Features, Ceiling Fan(s), Furnished, Living Room Balcony, Recessed Lighting, Stone Counters

Security:

Accessibility:
Parking

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
2.00 Spaces

Parking:
Direct Garage Access

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:
None

Patio:

View:
City Lights

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Three Or More

Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Curbs, Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Surterre Properties Inc. , Chris Moreno , 01503663

Co-Listed:
Surterre Properties Inc. , Cassie Hammond , 01264839

Last
Updated:
10/22/2024 1:16 AM

215 32nd Street,
Newport Beach, CA 92663