$2,850,000
$2,950,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
128 39th Street Newport Beach, CA 92663
5 Beds
3 Baths
2,178 Sqft Lot
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21246428
Sold Date 04/22/22
Bedrooms 5
HOA Y/N No
Lot Size 2,178 Sqft
Property Description
Opportunity is knocking! Priced significantly below recent appraised value, this adorable California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.
Opportunity is knocking! Priced significantly below recent appraised value, this adorable California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Lot Size Range 1-3999 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash
Space Rent $4,650
Listing Terms Cash
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Bought with Carter Kaufman • Compass