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213 41st Street

Newport Beach, CA 92663
  • $3,499,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: NP24014193
$3,499,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Matt Genova of Arbor Real Estate (949-673-7600) and Suki Genova of Arbor Real Estate(949-673-7600)


Description

Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained corner duplex is the perfect income generator and/or development opportunity. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage. Updated approximately 10 years ago, there are currently long-term tenants producing immediate return. The highly desirable neighborhood is perfect as the local amenities including grocery stores, restaurants, parks and beaches are all within walking distance.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T00:28:16.61. 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 COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/146972976
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213 41st Street Newport Beach, CA 92663

  • Price: $3,499,000
  • Status: Active
  • On Site: 25 Days
  • ID#: NP24014193
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1950
Built
Neighborhood:
West Newport Beach (Wsnb)
County:
Orange
Area:
N8 - West Newport - Lido
Property Description
Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained corner duplex is the perfect income generator and/or development opportunity. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage. Updated approximately 10 years ago, there are currently long-term tenants producing immediate return. The highly desirable neighborhood is perfect as the local amenities including grocery stores, restaurants, parks and beaches are all within walking distance.
Exterior Features

Entry Level 1 Entry Location Side Lot Features 2-5 Units/AcreCorner Lot Number Of Separate Electric Meters 2 Parking Features Garage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Electric Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 125400 Gross Scheduled Income 125400 Insurance Expense 6750 Land Lease YN No Laundry Features In GarageStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 90400 New Construction YN No New Taxes Expense 17522 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 35000 Possession Close Of EscrowNegotiable Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 800 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 650 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T00:28:16.61. 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 COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Matt Genova of Arbor Real Estate (949-673-7600) and Suki Genova of Arbor Real Estate(949-673-7600)