215 32nd Street Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,833
Subdivision Balboa Peninsula (Residential)
MLS Listing ID NP-23061062
Style Contemporary
Year Built 2020
Lot Size 2,352 Sqft
Property Description
TWO SHORT TERM LODGING PERMITS - 2023 Generated approximately $260k in revenue. 2024 is projected to be closer to $300k 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 front and back units consist of a 5-bedroom 3.5 bath rear unit with all new kitchen, new 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 was upgraded with 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.
Location
State CA
County Orange
Interior
Interior Features Ceiling Fan(s),Built-In Features,Furnished,Living Room Balcony,Recessed Lighting,Stone Counters
Heating Forced Air
Cooling Electric,Zoned
Flooring Vinyl
Laundry Gas & Electric Dryer Hookup,Gas Dryer Hookup,Inside
Exterior
Parking Features Direct Garage Access
Garage Spaces 2.0
Pool None
Community Features Biking,Curbs,Fishing,Hiking,Sidewalks,Storm Drains,Street Lights,Watersports
Utilities Available Sewer Connected,Water Connected,Cable Available,Electricity Connected,Natural Gas Connected
View Y/N Yes
View City Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer