MLS# NP24155482 – 215 32nd Street, Newport Beach, CA 92663

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$4,995,000 - 8Br/7Ba - for Sale in Balboa Peninsula (residential) (balp), Newport Beach
Price: $4,995,000
Beds: 8
Baths: 5 full, 2 half
Living Area SqFt: 3,000
Status: Active
Property Type: Duplex
Lot Size Acres: 0.05
Lot Size SqFt: 2,352
Year Built: 2020
Neighborhood: Balboa Peninsula (residential) (balp)
Days on Website: 112

Property listed by Surterre Properties Inc., Chris Moreno {attribution_contact}

Property Description

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 Details and Features

  • Property Access
  • Road frontage type: CityStreet
  • Appliances & Equipment
  • BuiltInRange
  • Dishwasher
  • Disposal
  • GasRange
  • Microwave
  • Refrigerator
  • RangeHood
  • TanklessWaterHeater
  • VentedExhaustFan
  • Bathrooms
  • 2 half bathrooms
  • 2 main level bathrooms
  • 5 full bathrooms
  • 7 total bathrooms
  • Bedrooms
  • 8 total bedrooms
  • Building
  • Built in 2020
  • Levels: ThreeOrMore
  • Living area: 3000
  • Architectural style: Contemporary
  • Common walls: NoCommonWalls
  • Community
  • Biking
  • Curbs
  • Fishing
  • Hiking
  • StormDrains
  • StreetLights
  • Sidewalks
  • WaterSports
  • Cooling
  • Electric
  • Zoned
  • Accessibility Features
  • Accessibility features: Parking
  • Fireplaces
  • None
  • Floors
  • Vinyl
  • Garage
  • 2 spaces
  • Heating
  • ForcedAir
  • Interior Features
  • BuiltInFeatures
  • Balcony
  • CeilingFans
  • Furnished
  • StoneCounters
  • RecessedLighting
  • AllBedroomsUp
  • GalleyKitchen
  • WalkInClosets
  • Laundry
  • ElectricDryerHookup
  • GasDryerHookup
  • Inside
  • Listing
  • ListingID: NP24155482
  • Standard status: Active
  • 60 days on market
  • Location
  • Country: US
  • Subdivision name: Balboa Peninsula (Residential) (BALP)
  • Lot
  • 0.054 acres
  • 2,352 square feet
  • Size: 2,352
  • ZeroToOneUnitAcre
  • Parking
  • 2 carport spaces
  • 4 totals parking
  • DirectAccess
  • Garage
  • Pool
  • None
  • Property
  • CityLights
  • Sewer
  • PublicSewer
  • Spa
  • None
  • Utilities
  • CableAvailable
  • ElectricityConnected
  • NaturalGasConnected
  • SewerConnected
  • WaterConnected

Property Map

$4,995,000 – 215 32nd Street, Newport Beach, CA 92663

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