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Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID NP25090232
Sold Date 09/12/25
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
Vacation rental ready with the City of Newport Beach short-term rental permit, this modern farmhouse property features a 3 bedroom plus den (or 4th bedroom) 3-bathroom front unit and a 3 bedroom, 2 bath back unit. The property has been highly upgraded with white exterior siding, black windows, modern aluminum roofing, front patio and two rooftop decks, making this the perfect investment property. Both units feature light and bright open floor plans and are highlighted with designer finishes throughout including hardwood floors, reclaimed wood wall, barn doors, shiplap and high-end appliances. All bedrooms have spacious closets and there is ample storage throughout the property. Additional features include 2 car garage plus 2 additional parking spaces. Located in a quiet location in the 100 block allows for parking on both sides of the street. Easy access to both the bay and the beach. Close proximity to Lido Marina Village, Lido House Hotel, and all the restaurants and shops of Newport Beach. The property has stellar established gross rental history, with gross income at approximately $200,000. Financials are available upon request. Furniture included in purchase.
Location
State CA
County Orange
Zoning Assessor
Direction Newport Blvd, Right on 32nd, Right on Marcus, Left on 36th
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 42337502
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Bought with General NONMEMBER NONMEMBER MRML
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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