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111 38th ST Newport Beach, CA 92663
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Key Details
Sold Price $1,867,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP14144368
Sold Date 10/15/14
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Tax Year 2013
Lot Size 3,615 Sqft
Property Description
3 Houses from the sand!!!!!! Location, location, location. This well maintained large "Oceanair" duplex has been family occupied for over 20 years! The upper unit is a large 4 bedroom, 2 bath that has been updated to reflect a very clean current feel. The lower unit is a 2 bedroom 1 bath which also features recent upgrades to the kitchen with granite counters and stainless steel appliances. The master bath in the lower unit has also been nicely remodeled. There is a large patio in the front with mature pine trees and even a small lawn! This property is situated on a large 3500+ sq. ft. lot and offers 3 car off street parking, a huge plus near the beach. One of the owners has occupied the lower unit since the property was purchased and the upper unit has been used selectively as a weekly rental during the summer months with income potential of well over $7,000/mo in the summer. The upper unit comes fully furnished and ready to rent even down to the bicycles! This is a rare opportunity to obtain a large "Oceanair" so close to the beach that is ready to start bringing income immediately!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling None
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Range
Laundry Common Area
Exterior
Parking Features Unassigned
Carport Spaces 3
Fence Block
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
View Y/N Yes
View Water
Roof Type Tar/Gravel
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Faces South
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Custom
Level or Stories Two
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 42332212
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Ryan Vitt • Ryan Vitt