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Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,580 sqft
Price per Sqft $2,788
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP25260923
Bedrooms 5
Full Baths 6
Year Built 2025
Lot Size 2,369 Sqft
Property Sub-Type Duplex
Property Description
New construction and just steps to the sand, this Newport Beach duplex is not only a testament to modern construction but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a gorgeous pivot-entry door, a spacious open-concept living area, a waterfall kitchen island with bar seating, Viking appliances, custom cabinetry, quartz countertops, custom electric shades, a large pantry, and plenty of storage. Enjoy ocean views from the front rooftop deck with a luxurious Jacuzzi, fire pit, and beverage bar. The rear unit, with its private entrance, consists of 2 bedrooms and 2 bathrooms, an open concept kitchen and dining area with custom cabinetry, custom electric shades, quartz countertops, and Viking appliances. The expansive rooftop deck is remarkable, complete with a covered dining area, an outdoor kitchen, a fire pit, and its own indulgent Jacuzzi. With this remarkable duplex, you can enjoy the best of both worlds: a stunning Newport Beach retreat and a steady stream of rental revenue. This property offers several options, including converting the two units into condominiums, which allows them to be sold individually. Newport Beach is truly the best location for a real estate investment, with its endless beaches, famous surf spots, fantastic restaurants, world-class shopping, and easy airport access.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Heating Central,Natural Gas
Cooling Central Air,Dual,Electric
Flooring Tile,Vinyl
Fireplaces Type Electric,Family Room,Gas,Great Room,Primary Bedroom
Inclusions Furniture and furnishings. The transfer of short term rental permits to buyer.
Laundry Washer Hookup,Gas Dryer Hookup,Inside
Exterior
Exterior Feature Barbecue,Rain Gutters,Fire Pit
Parking Features Attached Carport,Door-Multi,Direct Access,Garage,Garage Door Opener,Private,Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence Excellent Condition,Vinyl
Pool None
Community Features Biking,Fishing,Park,Storm Drain(s),Street Lights,Sidewalks,Water Sports
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Underground Utilities,Water Connected
View Y/N Yes
View City Lights,Coastline,Ocean,Water
Roof Type Metal
Building
Lot Description 2-5 Units/Acre,Street Level
Dwelling Type Duplex
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
New Construction Yes
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard