Ignite FB Tracking Pixel215 32nd Street, Newport Beach, CA 92663 - J. Cherne Homes & Associates
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listing
1 of 42
Single FamilyFor Sale
$4,995,000
215 32nd Street
Newport Beach, CA 92663
Listed by: Chris Moreno from Surterre Properties Inc., 949-717-7215
MLS: Bay East Contra Costa (BECCAR)
3,000Sq Ft
Est. Mortgage
$25,883/mo

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

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Information courtesy of Surterre Properties Inc. is subject to verification and is not guaranteed.
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