Listing Agent: Omar Renteros Broker/Office: C & I Commercial Brokerage
117 35th Street Newport Beach CA 92663
$ 2,800,000
3
| 2
| 1526 Sq Feet
Listing ID
#PW25089870
Status
Active
Property Type
Duplex
Property Style
Bungalow
County
Orange
Neighborhood
West Newport Beach (WSNB)
Year Built
1954
Days on website
2
Description
A unique investment opportunity awaits with this rare duplex (R2 zoning), located just five houses from the beach on the Balboa Peninsula.
Imagine the possibilities for this property, which offers peek-a-boo ocean views and unlimited potential with the help of your architect and designer. Currently configured as two units, the lower level features two bedrooms, one bath, and a large front patio perfect for entertaining. The back upper unit is a remodeled studio, updated approximately six years ago.
On-site laundry is located in the garage, which also provides parking for two cars.
Consider remodeling both units to take advantage of the high-demand ocean-close rental market, or convert the property into a single-family home with an attached ADU.
The building qualifies for short term permit for vacation rental income. Contact the city for further information.
Location
Financial Information
List Price:
$ 2800000
Property Features
Community Features:
Biking, Curbs, Sidewalks
Fencing:
Block
Flooring:
Carpet, Laminate
Foundation Details:
Slab
Heating:
Central
High School District:
Newport Mesa Unified
Interior Features:
Unfurnished
Levels:
Two
Parking Features:
Garage
Road Frontage Type:
Alley
Road Surface Type:
Paved
Roof:
Shingle
Senior Community YN:
false
Structure Type:
Duplex
View:
Ocean
Water Source:
Public
High School District:
Newport Mesa Unified
Senior Community YN:
false
MLS Area Major:
N8 - West Newport - Lido
City:
Newport Beach
Listed By:
Omar Renteros
C & I Commercial Brokerage
CA Lic#
CA Lic#