$1,875,000
$1,995,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
122 39th ST Newport Beach, CA 92663
Key Details
Sold Price $1,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lido Island (Lido)
MLS Listing ID NP18183099
Sold Date 09/05/18
HOA Y/N No
Year Built 1950
Property Description
With a premium setting only four homes from the sand, five parking spots, and two 3BR/2BA units in excellent condition, this duplex combines the benefits of investing with the best of the coastal lifestyle. The property is currently rented by the week in summer and long-term in the winter, making this a turnkey investment opportunity. A barn-door entry and French doors invite the sunshine and sea breezes inside. Open to the dining area and living room, the kitchen has recessed lighting and a gas range. One of the secondary bedrooms has built-in closet organizers and a separate entrance. All windows and flooring have been replaced. Spacious and bright, the upstairs unit has soaring vaulted ceilings with exposed wood beams and ceramic tile floors. A wall of French doors provides a seamless connection to the outdoor living space, which includes a large deck with area views. The kitchen includes a large dining area, recessed lighting, a gas range and stainless steel dishwasher. Available fully furnished, and boasting an exclusive Peninsula location, the potential for this unique opportunity is only limited by the imagination. Both units are professionally managed.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Free-Standing Range, Range Hood
Laundry In Garage
Exterior
Garage Covered, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s)
Utilities Available Sewer Connected
View Y/N Yes
View Peek-A-Boo
Roof Type Composition
Accessibility None
Parking Type Covered, Garage Faces Rear
Total Parking Spaces 5
Private Pool No
Building
Lot Description Street Level
Story Two
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42332205
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Brittany Ullestad • Andrew Patterson, Broker