128 39th ST, Newport Beach, CA 92663 – NP21251371

$2,850,000

Est. payment -/mo

$2,950,000

3.4%

Est.Price: ?

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5 Beds

3 Baths

3,193 SqFt

SOLD DATE : 04/22/2022

Key Details

Sold Price $2,850,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,193 sqft

Price per Sqft $892

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP21251371

Sold Date 04/22/22

Bedrooms 5

Full Baths 3

Construction Status Turnkey

HOA Y/N No

Year Built 1930

Lot Size 2,178 Sqft

Lot Dimensions Public Records

Property Description

Opportunity is knocking! This California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Storage

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Stone, Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Barbecue, Dishwasher, Disposal, Gas Range, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Hiking, Street Lights, Sidewalks, Water Sports

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Sewer Not Available, Water Available, Water Connected

View Y/N Yes

View Ocean, Water

Roof Type Composition

Accessibility No Stairs, Accessible Doors

Porch Open, Patio, Stone

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level One,Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories One, Two

New Construction No

Construction Status Turnkey

Schools

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42332202

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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Diego Magdaleno

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Listed by Carter Kaufman • Compass
Bought with Carter Kaufman • Compass

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