$3,650,000
$3,695,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
203 8th Street Newport Beach, CA 92661
5 Beds
3 Baths
2,396 Sqft Lot
Key Details
Sold Price $3,650,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP22044886
Bedrooms 5
Lot Size 2,396 Sqft
Property Description
This duplex offers an exceptional location within close proximity to both the ocean and the bay, providing fantastic rooftop views of both Newport Bay and the breaking surf. Both units have been remodeled and provide modern kitchen amenities, a soothing neutral palette of colors and generous indoor / outdoor living spaces. The lower unit offers two bedrooms and one bath with an expansive front patio and private entrance. The upper unit has three bedrooms, two bathrooms, its own entrance and a rooftop deck to capture the tranquil panoramic views, summon the gentle ocean breezes and enjoy al fresco dining. Each unit has access to one parking space in the garage and a shared washer and dryer. For boating and sailing enthusiasts, the property is adjacent to the Newport Harbor Yacht Club. With a strong history of rental income, this is a tremendous opportunity to live in one unit, generate rental income from the other unit, all while experiencing the coveted Newport Beach lifestyle with world-class beaches, surfing, paddle boarding, sailing, and dining. Current rental rents have been provided to long term tenants and could be under market.
This duplex offers an exceptional location within close proximity to both the ocean and the bay, providing fantastic rooftop views of both Newport Bay and the breaking surf. Both units have been remodeled and provide modern kitchen amenities, a soothing neutral palette of colors and generous indoor / outdoor living spaces. The lower unit offers two bedrooms and one bath with an expansive front patio and private entrance. The upper unit has three bedrooms, two bathrooms, its own entrance and a rooftop deck to capture the tranquil panoramic views, summon the gentle ocean breezes and enjoy al fresco dining. Each unit has access to one parking space in the garage and a shared washer and dryer. For boating and sailing enthusiasts, the property is adjacent to the Newport Harbor Yacht Club. With a strong history of rental income, this is a tremendous opportunity to live in one unit, generate rental income from the other unit, all while experiencing the coveted Newport Beach lifestyle with world-class beaches, surfing, paddle boarding, sailing, and dining. Current rental rents have been provided to long term tenants and could be under market.
Location
State CA
County Orange
Area Oc - Newport Beach (92661)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Acceptable Financing Cash
Space Rent $3,500
Listing Terms Cash
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Bought with Michelle Linovitz • Villa Real Estate