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$3,950,000
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| MLS# | OC14191270 | | List Date | 9/4/2014 | | Type | Other | | Style | 2 Story | | School District | Newport Mesa Unified School District | | Area | Balboa Peninsula | | Units | 4 | | Bedrooms | 5 | | Bathrooms | 5 | | Square Footage | 3400 | | Lot Size | 3125 | | Age | 52 | | Parking | 5 | | | | | |
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| WELCOME TO PARADISE! One of a kind oceanfront 4-plex in Newport Beach. It's a tropical paradise, complete with lush palm trees, bubbling fountain, meandering pathway and plenty of privacy. The views of Catalina Island and the Newport Pier are as endless as the opportunities this property offers. Live in it; rent it or both. It s the perfect home to live in while earning income on the other 3 units. Investors can maximize profits by renting all 4 units weekly or monthly. Upper units offer a 1, 2 or 3 bedroom floor plan allowing use of the entire top floor if needed. Highly upgraded with granite counter tops, marble fireplace, cherry wood cabinets, teak wood flooring, luxury appliances, and spacious deck with unlimited ocean views and spectacular sunsets. Lower units boast 1 bed, 1 bath open floor plans, tiled kitchen and spacious living room. |
| Interior Features |
Building consists of (3) 1/1 bed/bath units and (1) 2/2 bed/bath that has a pass-thru door installed so you can use the entire upper floor if needed for total 3 bed 3 baths and 2 kitchens. |
| Additional Features and Amenities |
Contact Matt Smith at 949-293-6022 or Matt@CompassForRealEstate.com for more information regarding this property. |
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