TWO SHORT TERM PERMITS - 2023 Revenue - Real numbers generated =

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Townhome/Townhouse For Sale

215 32nd Street

Newport Beach, California 92663

Orange County

Community: Balboa Peninsula (Residential) (BALP)

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$4,995,000 8 br, 7.0 bath 3000 sq. ft. 0.054 acres

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.

Interior:
  • Bedrooms: 8
  • Baths: 7.0
  • Sq Ft: 3000
  • Year Built: 2020
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Forced Air
  • Garage: Garage
Exterior:
  • Lot Size: 0.054 acre
  • Lot Dimensions: 
  • View Types: City
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: NP24155493
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Contact Information:
Beach Townhome/Townhouse For Sale in Newport Beach, California
Listing Agent: Chris Moreno, Surterre Properties, 949-280-6357, 949-717-7100 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5212099
Viewed 43 times.
Updated: Sep 27, 2024

This property is a Townhome/Townhouse located at 215 32nd Street, Newport Beach, California 92663, and is currently For Sale at $4,995,000. This Townhome/Townhouse has 8 bedrooms, 7.0 baths, 3000 sq ft.

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