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Key Details
Sold Price $3,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22001892
Sold Date 03/02/22
Bedrooms 7
HOA Y/N No
Lot Size 3,049 Sqft
Property Description
Well maintained, third from sand, property on a larger 3,049 sq ft lot. Largest Oceanaire model with 3,656 sq ft of living space. Lower unit #A is 3 bed 2 baths and the upper unit #B is 4 bed 3 baths. Rooftop deck and central air conditioning throughout. Shared laundry room. Side of the property has always been used as a parking driveway along with a two car garage with storage lockers. Latest interior remodels were done in 2017 for unit #A and 2018 for unit #B. All exterior trim was repaired/replaced and completely painted in 2021. Both unit are currently being rented as short term rentals with excellent booking history. This property comes fully furnished and is a turn key income investment or use it as your own paradise home. Verify with the city for transfer of short term rental permits. Quoted square footed per tax records.
Well maintained, third from sand, property on a larger 3,049 sq ft lot. Largest Oceanaire model with 3,656 sq ft of living space. Lower unit #A is 3 bed 2 baths and the upper unit #B is 4 bed 3 baths. Rooftop deck and central air conditioning throughout. Shared laundry room. Side of the property has always been used as a parking driveway along with a two car garage with storage lockers. Latest interior remodels were done in 2017 for unit #A and 2018 for unit #B. All exterior trim was repaired/replaced and completely painted in 2021. Both unit are currently being rented as short term rentals with excellent booking history. This property comes fully furnished and is a turn key income investment or use it as your own paradise home. Verify with the city for transfer of short term rental permits. Quoted square footed per tax records.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $6,986
Listing Terms Cash
Financing Conventional
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Bought with Sharon Bryant • Coldwell Banker Realty