$3,125,000
$2,349,000
33.0%For more information regarding the value of a property, please contact us for a free consultation.
1311 Cliff Drive Newport Beach, CA 92663
5 Beds
3 Baths
7,148 Sqft Lot
Key Details
Sold Price $3,125,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP22021783
Sold Date 04/14/22
Bedrooms 5
HOA Y/N No
Lot Size 7,148 Sqft
Property Description
We are pleased to present the sale of 1311 Cliff Drive, located in the highly sought Newport Heights neighborhood. This turnkey duplex offers multiple opportunities for either the investor looking to grow their portfolio, or for an owner user looking to live in one unit while generating strong income from the other. The front unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and a remodeled kitchen with recessed lighting, quartz countertops, and stainless steel appliances. Additional features include vaulted ceilings in the living room, remodeled bathrooms, private backyard, and charming brick fireplace. The detached upper back unit has 2 bedrooms, 1 bathroom, and remodeled kitchen. The upper unit has a private yard space and private laundry area. Both units have dual pane windows, vinyl fencing, and laminate flooring throughout. This asset is located near top rated schools, world class beaches, and all the amenities 17th street has to offer. This is one investment opportunity you do not want to miss!
We are pleased to present the sale of 1311 Cliff Drive, located in the highly sought Newport Heights neighborhood. This turnkey duplex offers multiple opportunities for either the investor looking to grow their portfolio, or for an owner user looking to live in one unit while generating strong income from the other. The front unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and a remodeled kitchen with recessed lighting, quartz countertops, and stainless steel appliances. Additional features include vaulted ceilings in the living room, remodeled bathrooms, private backyard, and charming brick fireplace. The detached upper back unit has 2 bedrooms, 1 bathroom, and remodeled kitchen. The upper unit has a private yard space and private laundry area. Both units have dual pane windows, vinyl fencing, and laminate flooring throughout. This asset is located near top rated schools, world class beaches, and all the amenities 17th street has to offer. This is one investment opportunity you do not want to miss!
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Zoning Assessor
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash
Space Rent $4,375
Listing Terms Cash
Financing Cash
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Bought with NON LISTED AGENT • San Diego