MLS® ID: NP17235714

121 45th Street

Newport Beach, California, 92663

$1,885,000 Active
  • 2000 SQFT
Fantastic location for this Newport Beach duplex: just 6 homes from the beach and situated at the top of the Balboa Peninsula just off the Lido’s pristine beaches. The property offers great flexibility. As an investment there is SIGNIFICANT UPSIDE to current market rate rents due to long term tenancies. Recent building improvements include new tear-off roof, all new windows, new water heaters, new garage door, newly painted exterior and many more. This is a legal duplex zoned RM (residential multi-family). SHORT TERM rentals (less than 30 days) are permitted upon owner’s completion of application. Or re-imagine it as a single family residence: renovation and new construction abound throughout the neighborhood. Layout details: 1st floor is 2 bed/1 bath; 2nd floor is 3 bed/1 bath unit. The garage parks 3 cars: 2 tandem and a single space w/large storage room. Newport Beach is “part unspoiled nature, part man-made wonder and part luxury paradise. It enchants every type of visitor to its glowing shores.”
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Listing courtesy of Pacific Coast Commercial

Amenities

  • HOA fees
    0.00
  • Office name
    Pacific Coast Commercial
  • SQFT
    2000
  • Purchase Type
    Active
  • Year built
    1972
  • Heating
    Wall Heater
  • Tax amount
    0
  • Tax year
    0
  • Office ID
    NWPRECIP
  • Agent ID
    uout
  • Agent name
    Jan Sachs
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    1500-2000 sq ft.
  • Year Built Range
    1989 (and earlier)

Location

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