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215 32nd Street, Newport Beach, CA 92663

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For Sale

$4,995,000

8 beds • 5 baths • 2 half baths • 3,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,665.00
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

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.
MLS# NP24155482

Courtesy Of Surterre Properties

(949) 717-7100

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Cooling System
    Zoned A/C
  • Floor Covering
    Vinyl
  • Heating System
    Forced Air
  • Rooms
    Bonus Room, Den, Family Room, Kitchen
  • View Type
    City

Map and Directions

Directions to 215 32nd Street, Newport Beach, CA 92663

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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