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215 32nd Street
Newport Beach, CA 92663
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.
PROPERTY INFORMATION
| MLS # | NP24155482 | Lot Size | 2,352 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 4,995,000
Price Per SqFt: $ 1,665 |
DOM | 387 Days |
| Address | 215 32nd Street | Type | Residential |
| City | Newport Beach | Sq.Ft. | 3,000 Sq. Ft. |
| Postal Code | 92663 | Garage | 2 |
| County | Orange | Year Built | 2020 |
| Bed / Bath | 8 / 6 | Parking | 4 |
| Built In | 2020 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan |
| Has Heating | Yes |
| Heating Information | Forced Air |
| Room Information | All Bedrooms Up, Bonus Room, Den, Galley Kitchen, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Separate Family Room, Walk-In Closet |
| Has Cooling | Yes |
| Cooling Information | Electric, Zoned |
| Flooring Information | Vinyl |
| InteriorFeatures Information | Built-in Features, Ceiling Fan(s), Furnished, Living Room Balcony, Recessed Lighting, Stone Counters |
| EntryLocation | ground level |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| Main Level Bedrooms | 0 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $5,328
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/27/2024 | Price Change | $4,995,000 (-7.50%) |
| 07/29/2024 | Listed | $5,400,000 |
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Listing provided courtesy of Chris Moreno, Surterre Properties Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
