MLS® ID: PW19173873

4233 Dana Road

Newport Beach, California, 92663

$2,445,000 Active
  • - SQFT
We are pleased to present a charming 4-unit multi-family property located in Newport Beach, CA. The newly renovated subject property contains one 3-bedroom / 2-bathroom unit, two 2-bedroom / 2-bathroom units, and one 2-bedroom / 1.5-bathroom unit and consists of 4,305 rentable square feet spread throughout a 6,132 square foot lot. This property is stabilized with solid rents but has upside with top of the line furnishes. Owners enjoy the high demand for rentals in a coastal city of Southern California, while tenants enjoy living a short distance to local beaches, shopping, restaurants and nightlife in Newport Beach, Lido Isle, and Downtown Costa Mesa. Newport Beach is a highly sought after rental market. With a limited rental stock and great demographics. The average household income in Newport Beach is currently $119,379 and even with an average income roughly 40% higher than the Orange County average, renting is still more affordable than buying a home in Newport Beach where the median property value is $1.7 million.
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Listing courtesy of Marcus & Millichap

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    92663
  • Office name
    Marcus & Millichap
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    R3
  • Year built
    1965
  • Lot size
    5881.00
  • Sewer
    Septic Type Unknown,Unknown
  • Tax year
    0
  • Agent name
    Kevin King
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    PB12429
  • Agent ID
    PKEVKING

Location

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