121 45th Street, Newport Beach, CA 92663 (MLS # NP17235714)

Price $1,775,000
Status Active
Beds 0
Baths 0 bath
Home size 2,000 sq ft
Lot Size 2,883 sqft
Days on Market 96
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.”
Property Type(s): Residential Income
Last Updated 1/16/2018 Tract Central Newport (CNEW)
Year Built 1972 Community N8 - West Newport - Lido
County Orange

Price History

Prior to Oct 13, '17 $2,090,000
Oct 13, '17 - Nov 28, '17 $1,885,000
Nov 28, '17 - Today $1,775,000

Additional Details

AIR None
APPLIANCES Gas Stove, Gas Water Heater, Refrigerator
AREA N8 - West Newport - Lido
CONSTRUCTION Stucco, Wood Siding
GARAGE Direct Garage Access, Ga, Garage, Garage - Rear Entry
HEAT Wall Heater
INTERIOR Balcony, Storage Space
LOT 2883 sq ft
LOT DESCRIPTION Level with Street, Lot Shape-Rectangular, No Landscaping, Paved
SUBDIVISION Central Newport (CNEW)
UTILITIES Phone Connected,Sewer Connected,Water Connected
WATER Public



Contact us about this Property

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Heather Paul to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by : Jan Sachs CalBRE:01964760, Pacific Coast Commercial

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 1/16/18 3:22 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

Email a Friend