127 24th Street, Newport Beach, CA 92663
- $1,799,900
- Sold Price
- $1,799,900
- List Price
- $1,799,900
- Closing Date
- May 26, 2021
- Status
- CLOSED
- MLS#
- OC21004144
- Year Built
- 1932
- Lot Size
- 1,750
- Acres
- 0.04
- Lot Location
- 2-5 Units/Acre, Level, No Landscaping, Near Park, Near Public Transit, Rectangular Lot, Street Level, Value In Land
- Days on Market
- 85
- Property Type
- Multifamily
- Style
- Bungalow, Cottage
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- West Newport Beach (Wsnb)
Property Description
Location, location, location, this charming property is in the heart of the Newport Beach Peninsula on the ocean side of Balboa Blvd., just steps from the sand. You’re in a walker’s paradise where no car is needed and most daily errands or activities can be accomplished on foot because of the numerous coffee shops, restaurants, grocery stores, shopping, the pier and beach activities nearby. Plenty of free parking surrounds the area including 24th Street itself, the city offers several parking-permits options, plus there’s a surplus of metered lots within an easy stroll. Professionally decorated with 5-star reviews you’ll enjoy exceptional detail throughout. These bright and cheery vacation units are consistently in high demand all year. Extended leases are 31+ days with a historical average of 31-90 days. Tenants from all over the world return year after year. Zoned R1 as a legal, non-conforming grandfathered duplex, there's 3 separate private entrances: Front unit 670+/- sf 1bedroom/1 bath; Back lower unit 500+/- sf studio/1 bath; Upper back unit 460+/- sf 1bedroom/1bath. Front and back lower units can connect if you'd like (total ground floor square footage is 1,170+/-) as they share the lock-off utility space and stackable washer/dryer. Well maintained with brand new double-pane windows and a tankless water heater. Furnishings and all supplies are available for purchase. Please do not disturb tenants or walk the fully-occupied property. Following COVID protocol.
Additional Information
- Appliances
- Disposal, Gas Oven, Refrigerator, Tankless Water Heater
- Pool Description
- None
- Heat
- Natural Gas, Space Heater, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood, Ocean, Peek-A-Boo
- Exterior Construction
- Wood Siding
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Bedroom on Main Level
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Marie Gentosi (marie@mariegentosi.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Ronald Maddux from Regency Real Estate Brokers
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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.