312 36th Street, Newport Beach, CA 92663

$2,550,000
Sold Price
$2,550,000
List Price
$2,595,000
Closing Date
Oct 14, 2020
Status
CLOSED
MLS#
NP20094691
Year Built
1965
Lot Size
2,300
Acres
0.05
Lot Location
0-1 Unit/Acre
Days on Market
128
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

Gorgeous Modern Farmhouse multi-unit property in prime Newport Peninsula location. High end finishes including gorgeous white exterior siding with black windows, modern aluminum roofing, and beautiful front patio deck and two rooftop decks make this a very impressive building. Hardwood floors throughout, clean white baseboards, reclaimed wood wall, barn door, and shiplap are highlighted throughout the property. Kitchens feature beautiful finishes, high end appliances and designer touches throughout. All bedrooms have spacious closets and there is ample storage throughout the property. Three separate laundry areas allow for versatile setup. Live in one, and rent out the other or rent out both. Front unit features 3 bedroom plus den, could be 4th bedroom and 3 bathrooms. Back unit features 3 bedrooms, 2 bathroom. This highly upgraded investment opportunity by the beach has stellar established rental history. 2 car garage plus 2 additional parking spaces. Street allows for parking on both sides and is much quieter than the 100 block. Easy access to bay and beach! Enjoy close proximity to Lido Marina Village, Lido House Hotel, and all the wonderful restaurants and shops of Newport Beach. Amazing established short term rental history professionally managed by Seabreeze.

Additional Information

Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
Pool Description
None
Heat
Electric
Cooling
Yes
Cooling Description
Electric
View
Canal, City Lights, Landmark, Water
Garage Spaces Total
2
Sewer
Public Sewer
Water
Private
Interior Features
Crown Molding, Open Floorplan, Recessed Lighting
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$154,388
Operating Expense
26550

Listing courtesy of Listing Agent: Megan Varga (megan.varga@compass.com) from Listing Office: Compass.

Listing sold by Tim Smith from Coldwell Banker Realty

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.