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215 29th Street

Newport Beach, CA 92663
  • $4,495,000
  • STATUS: ACTIVE
  • ON SITE: 131 Days
  • ID#: OC22037840
UPDATED: 39 min ago
$4,495,000
  • 3
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,750
    SQFT
  • $2,569
    $/SQFT
Type:
Condo
Built:
1947
County:

School Ratings & Info

Description

This remodeled luxury triplex is fully rented with annual gross income of $224,907 and offers the best of beach living in Newport. The front two downstairs single-level units are each 1bd/1ba, both with their own private outdoor patio spaces. Front and back are currently utilizing two separate short-term rental permits in place. The back carriage-style loft studio showcases an expansive deck and abundant sunlight throughout. Each of the three units offers a private entry. Surf and sand are just down the street and can be seen from the sidewalk just outside the front patio. The property is walking distance to the beach and Newport's best coastal restaurants, shopping boutiques, bars and live entertainment. Right around the corner is the waterfront Lido Marina Village and famed Newport Pier. This location is a local's favorite and offers a more private setting coupled with walkability to all the most desirable aspects of a coastal lifestyle. This remodeled luxury triplex is fully rented with annual gross income of $224,907 and offers the best of beach living in Newport. The front two downstairs single-level units are each 1bd/1ba, both with their own private outdoor patio spaces. Front and back are currently utilizing two separate short-term rental permits in place. The back carriage-style loft studio showcases an expansive deck and abundant sunlight throughout. Each of the three units offers a private entry. Surf and sand are just down the street and can be seen from the sidewalk just outside the front patio. The property is walking distance to the beach and Newport's best coastal restaurants, shopping boutiques, bars and live entertainment. Right around the corner is the waterfront Lido Marina Village and famed Newport Pier. This location is a local's favorite and offers a more private setting coupled with walkability to all the most desirable aspects of a coastal lifestyle.

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San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
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215 29th Street Newport Beach, CA 92663

  • Price: $4,495,000
  • Status: ACTIVE
  • On Site: 131 Days
  • Updated: 39 min ago
  • ID#: OC22037840
3
Beds
3
Baths
0
½ Baths
0.05
Acres
1,750
SQFT
$2,569
$/SQFT
1947
Built
Neighborhood:
Oc - Newport Beach (92663)
County:
Orange
Area:
Oc - Newport Beach (92663)
Property Description
This remodeled luxury triplex is fully rented with annual gross income of $224,907 and offers the best of beach living in Newport. The front two downstairs single-level units are each 1bd/1ba, both with their own private outdoor patio spaces. Front and back are currently utilizing two separate short-term rental permits in place. The back carriage-style loft studio showcases an expansive deck and abundant sunlight throughout. Each of the three units offers a private entry. Surf and sand are just down the street and can be seen from the sidewalk just outside the front patio. The property is walking distance to the beach and Newport's best coastal restaurants, shopping boutiques, bars and live entertainment. Right around the corner is the waterfront Lido Marina Village and famed Newport Pier. This location is a local's favorite and offers a more private setting coupled with walkability to all the most desirable aspects of a coastal lifestyle. This remodeled luxury triplex is fully rented with annual gross income of $224,907 and offers the best of beach living in Newport. The front two downstairs single-level units are each 1bd/1ba, both with their own private outdoor patio spaces. Front and back are currently utilizing two separate short-term rental permits in place. The back carriage-style loft studio showcases an expansive deck and abundant sunlight throughout. Each of the three units offers a private entry. Surf and sand are just down the street and can be seen from the sidewalk just outside the front patio. The property is walking distance to the beach and Newport's best coastal restaurants, shopping boutiques, bars and live entertainment. Right around the corner is the waterfront Lido Marina Village and famed Newport Pier. This location is a local's favorite and offers a more private setting coupled with walkability to all the most desirable aspects of a coastal lifestyle.
Exterior Features

Lot Size 1-3999 SF Parking Garage Description GarageGarage - Two Door Parking Spaces Total 2 Pool N/K Residential Styles All Other Attached Residential Unit Location No Common Walls Site Sidewalks Spa N/K View OceanWaterNeighborhoodPeek-A-BooCity Lights

Interior Features

Bath Totals 3 Bedrooms Total 3 Cooling Wall/Window Equipment Available DisposalRefrigeratorN/KFreezerGas Range Fireplace N/K Floor Coverings Linoleum/Vinyl Heat Equipment Wall/Gravity Interior Features Living Room Deck AttachedRecessed Lighting Laundry Location N/K Searchable Rooms Bedroom Entry LevelMbr Entry LevelKitchenLiving Room Stories 2 Story

Property Features

Assessments Unknown Cfd Mello Roos Fee 1404.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Property Condition TurnkeyUpdated/Remodeled Sales Restrictions Standard Sewer Septic Public Sewer Terms CashCash To New Loan Utilities Electricity ConnectedSewer ConnectedWater Connected Water Public

San Diego MLS logo Listing provided courtesy of Pinpoint Properties. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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San Diego CA, 92131