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    127 24th Street

    Newport Beach, CA 92663
    • $1,899,900
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: OC21004144
    New On Site 6 Days Ago
    UPDATED: 44 min ago
    $1,899,900
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,628
      SQFT
    • $1,167
      $/SQFT
    Type:
    Multi-Family
    Built:
    1932
    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 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. You+GGre 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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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-16T23:28:32.057. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113141383
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    127 24th Street Newport Beach, CA 92663

    • Price: $1,899,900
    • Status: Active
    • Updated: 44 min ago
    • MLS #: OC21004144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1,628
    SQFT
    $1,167
    $/SQFT
    1932
    Built
    Neighborhood:
    West Newport Beach (Wsnb)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    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 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. You+GGre 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

    Architectural Style BungalowCottage Carport Spaces 0.00 Construction Materials Wood Siding Direction Faces East Entry Location Ground Exterior Features LightingRain Gutters Fence YN Yes Fencing BlockGood ConditionStucco Wall Foundation Details RaisedSee Remarks Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLevel With StreetRectangular LotLevelNear Public TransitNo LandscapingPark NearbyValue In Land Lot Size Units Square Feet Parking Features PublicStreet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Uncovered Spaces 0.00 View NeighborhoodOceanPeek-A-Boo View YN Yes Waterfront Features Across The Road From Lake/OceanBeach AccessOcean AccessOcean Side Of FreewayOcean Side Of Highway 1

    Interior Features

    Appliances DisposalGas OvenRefrigeratorTankless Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Mirror Closet Door(S) Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Wall FurnaceSpace HeaterNatural Gas Heating YN Yes Interior Features Ceiling Fan(S) Laundry Features InsideStackable Levels Two Room Type Main Floor Bedroom Window Features Double Pane Windows

    Property Features

    Accessibility Features No Interior Steps Additional Parcels YN No Building Area Units Square Feet Community Features BikingCurbsFishingParkWatersportsSidewalksStreet Lights Country Us Elevation Units Feet Exclusions Furnishings Can Be Purchased For An Additional Cost. Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 0.00 Inclusions RefrigeratorsWasher/Dryer. Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Refrigerator 3 Operating Expense 0.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other West Newport Beach (Wsnb) Tenant Pays None Total Expenses 0.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Walk Score 84 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Marie Gentosi of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-16T23:28:32.057. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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