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Listed by Omar Renteros • C & I Commercial Brokerage
$2,800,000
Est. payment /mo
3 Beds
2 Baths
1,526 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,526 sqft
Price per Sqft $1,834
MLS Listing ID CRPW25089870
Style Bungalow
Bedrooms 3
Full Baths 2
Originating Board California Regional MLS
Year Built 1954
Lot Size 2,090 Sqft
Property Sub-Type Duplex
Property Description
A unique investment opportunity awaits with this rare duplex (R2 zoning), located just five houses from the beach on the Balboa Peninsula. Imagine the possibilities for this property, which offers peek-a-boo ocean views and unlimited potential with the help of your architect and designer. Currently configured as two units, the lower level features two bedrooms, one bath, and a large front patio perfect for entertaining. The back upper unit is a remodeled studio, updated approximately six years ago. On-site laundry is located in the garage, which also provides parking for two cars. Consider remodeling both units to take advantage of the high-demand ocean-close rental market, or convert the property into a single-family home with an attached ADU. The building qualifies for short term permit for vacation rental income. Contact the city for further information.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Dining Room In Kitchen
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 2.0
Fence 2
Pool 31, None
View Ocean
Roof Type Shingle
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Bungalow
Others
Tax ID 42333213
Special Listing Condition Not Applicable
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