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    127 24th Street

    Newport Beach, CA 92663
    • $1,899,900
    • STATUS: ACTIVE
    • ON SITE: 9 days
    • ID#: 302996325
    UPDATED: 75 min ago
    $1,899,900
    • 2
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Welcome to an excellent investment property! This highly-sought after, turn-key vacation rental can also be used as a family beach compound. Charming yet functional, this well maintained and tastefully appointed duplex with guest quarters has a history of a wonderful, steady income. Rarely vacant because of its stellar location (beach side of W Balboa Blvd in the 1st block) returning tenants have been coming for many years for 30-90 days at a time. Enjoy your front patio for dining al fresco, BBQ and ente Welcome to an excellent investment property! This highly-sought after, turn-key vacation rental can also be used as a family beach compound. Charming yet functional, this well maintained and tastefully appointed duplex with guest quarters has a history of a wonderful, steady income. Rarely vacant because of its stellar location (beach side of W Balboa Blvd in the 1st block) returning tenants have been coming for many years for 30-90 days at a time. Enjoy your front patio for dining al fresco, BBQ and entertaining; then enter the main level front unit into a spacious living room, with dining area, large kitchen, 1 bedroom and 1 bath, plus a shared laundry area with stacked washer/dryer. Here you connect to a private entry into the back guest quarters with its own living space, kitchenette, studio bedroom, 1 bath. The upstairs unit with separate entry is bright and cheery with a peek-a-boo view of the ocean; it has a living area, kitchen, 1 bedroom and 1 bath. New double-pane windows installed last year. Separate gas and electrical meters, separate addresses. With 1,628 sf of living space, the lot is 1,750 sf (25 x 70). For those with the long-term vision of new construction, you can keep your rental income flowing while plans are in the city. Youre a short walk to the sand where world-class surfing and more awaits. The boardwalk, pier, Lido House Boutique Hotel and Lido Marina Village are just minutes away. Something this special will not last. Please do not disturb tenants.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.talechia.com/homes/113141321
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    127 24th Street Newport Beach, CA 92663

    • Price: $1,899,900
    • Status: ACTIVE
    • Updated: 75 min ago
    • ID#: 302996325
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    Neighborhood:
    Oc - Newport Beach (92663)
    County:
    Orange
    Area:
    Oc - Newport Beach (92663)
    Property Description
    Welcome to an excellent investment property! This highly-sought after, turn-key vacation rental can also be used as a family beach compound. Charming yet functional, this well maintained and tastefully appointed duplex with guest quarters has a history of a wonderful, steady income. Rarely vacant because of its stellar location (beach side of W Balboa Blvd in the 1st block) returning tenants have been coming for many years for 30-90 days at a time. Enjoy your front patio for dining al fresco, BBQ and ente Welcome to an excellent investment property! This highly-sought after, turn-key vacation rental can also be used as a family beach compound. Charming yet functional, this well maintained and tastefully appointed duplex with guest quarters has a history of a wonderful, steady income. Rarely vacant because of its stellar location (beach side of W Balboa Blvd in the 1st block) returning tenants have been coming for many years for 30-90 days at a time. Enjoy your front patio for dining al fresco, BBQ and entertaining; then enter the main level front unit into a spacious living room, with dining area, large kitchen, 1 bedroom and 1 bath, plus a shared laundry area with stacked washer/dryer. Here you connect to a private entry into the back guest quarters with its own living space, kitchenette, studio bedroom, 1 bath. The upstairs unit with separate entry is bright and cheery with a peek-a-boo view of the ocean; it has a living area, kitchen, 1 bedroom and 1 bath. New double-pane windows installed last year. Separate gas and electrical meters, separate addresses. With 1,628 sf of living space, the lot is 1,750 sf (25 x 70). For those with the long-term vision of new construction, you can keep your rental income flowing while plans are in the city. Youre a short walk to the sand where world-class surfing and more awaits. The boardwalk, pier, Lido House Boutique Hotel and Lido Marina Village are just minutes away. Something this special will not last. Please do not disturb tenants.
    Exterior Features

    Exterior Wood Pool N/K Roof Composition Site CurbsSidewalks Topography Level

    Interior Features

    Cooling Wall/Window Heat Source Natural Gas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Units With Refrigerators 3 Water Heater Type Tankless

    Property Features

    Annual Expense Actual 0 Assessments Yes/Remarks Buildings 1 Gross Scheduled Income Actual 0 Miscellaneous Value in Land Possession Close Of Escrow Tenant Pays N/K Terms ConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Zoning Public Rec

    Listing provided courtesy of Coldwell Banker Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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