215 32nd Street, Newport Beach, CA 92663

  • $5,499,000
  • $1,833
215 32nd Street, Newport Beach, CA 92663
For Sale
215 32nd Street, Newport Beach, CA 92663
  • $5,499,000
  • $1,833

Overview

Property ID: SGR-3222459
  • Residential Income
  • Property Type
  • 2.00
  • Garages
  • 2020
  • Year Built

Description

TWO SHORT TERM LODGING PERMITS – 2023 Generated approximately $260k in revenue. 2024 is projected to be closer to $300k

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 front and back units consist of a 5-bedroom 3.5 bath rear unit with all new kitchen, new 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 was upgraded with 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.

  • Address 215 32nd Street
  • City Newport Beach
  • State/county CA
  • Zip/Postal Code 92663
  • Area N8 - West Newport - Lido
  • Country United States

Details

Updated on March 6, 2024 at 9:40 am
  • Property ID: SGR-3222459
  • Price: $5,499,000
  • Land Area: 2352.00 m²
  • Garages: 2.00
  • Year Built: 2020
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3000.00
  • MLS#: NP23061062
  • Office Name: SURTERRE PROPERTIES INC.
  • Agent Name: Chris Moreno
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Surterre Properties Inc.
  • Co-Agent Name: Cassie Hammond
  • Agent State License: 01503663
  • Co-Agent State License: 01264839
  • IDX Contact Info: 949-280-6357

Additional details

  • View: City Lights
  • Sewer: Public Sewer
  • Cooling: Electric,Zoned
  • Heating: Forced Air
  • Flooring: Vinyl
  • County: Orange
  • Property SubType: Duplex
  • Parking: 4.00
  • Water Source: Public

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