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    217 35th Street

    Newport Beach, CA 92663
    • $1,950,000
    • STATUS: Active Under Contract
    • ON SITE: 32 days
    • ID#: SW21015188
    Under Contract
    UPDATED: 19 min ago
    $1,950,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,606
      SQFT
    • $1,214
      $/SQFT
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Balboa Peninsula Charmer! A well maintained beach DUPLEX property with a prime location, one block from the beach! This highly sought after residential income property is located a short walking distance or a short bike ride to Lido Village, restaurants, grocery, cafes, boardwalk and much more! Property has endless possibilities! With a standard two car garage, the front 2 bedroom and 1 full bath unit is complete with an expansive gated front porch, inviting living room, including a beautiful brick fireplace. This unit also features an additional office with a full bath and separate entrance. The upper 2nd unit includes 2 bedrooms and 1 full bath as well as a large patio viewing deck. Exterior laundry room accessible to both units.Moreover, great income opportunity as rents are below market. This residential income property is IDEAL to create long term rentals, vacation rentals or a vision of new construction with the dynamic Newport Beach lifestyle and vibe.NOTE: PROFESSIONAL PHOTOS COMING SOON!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-26T13:31:19.38. 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 Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

    www.jettrealestate.com/homes/113594843
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    217 35th Street Newport Beach, CA 92663

    • Price: $1,950,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: SW21015188
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1,606
    SQFT
    $1,214
    $/SQFT
    1955
    Built
    Neighborhood:
    West Newport Beach (Wsnb)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    Balboa Peninsula Charmer! A well maintained beach DUPLEX property with a prime location, one block from the beach! This highly sought after residential income property is located a short walking distance or a short bike ride to Lido Village, restaurants, grocery, cafes, boardwalk and much more! Property has endless possibilities! With a standard two car garage, the front 2 bedroom and 1 full bath unit is complete with an expansive gated front porch, inviting living room, including a beautiful brick fireplace. This unit also features an additional office with a full bath and separate entrance. The upper 2nd unit includes 2 bedrooms and 1 full bath as well as a large patio viewing deck. Exterior laundry room accessible to both units.Moreover, great income opportunity as rents are below market. This residential income property is IDEAL to create long term rentals, vacation rentals or a vision of new construction with the dynamic Newport Beach lifestyle and vibe.NOTE: PROFESSIONAL PHOTOS COMING SOON!
    Exterior Features

    Architectural Style Cottage Construction Materials Brick Direction Faces East Fence YN Yes Fencing Vinyl Foundation Details Slab Garage Spaces 2.00 Lot Features 2-5 Units/AcrePark Nearby Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Garage Faces RearGarage - Two DoorOff Street Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Alley Paved Roof AsphaltComposition Spa Features None Spa YN No View Neighborhood View YN Yes Waterfront Features Beach Access

    Interior Features

    Appliances Gas OvenWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling NoneGas Fireplace Features Living Room Fireplace YN Yes Flooring LaminateWood Laundry Features Common Area Levels Two Room Type All Bedrooms DownOffice Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features BikingCurbsParkWatersportsSidewalks Country Us Current Financing Conventional Electric Electricity - On Property Electric Expense 875.00 Elevation Units Feet Gross Income 62400.00 Gross Scheduled Income 62400.00 Inclusions 2 Fridges2 Stoves1 Washer And Dryer Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Maintenance Expense 415.00 Net Operating Income 54743.00 New Construction YN No New Taxes Expense 4572.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 7656.64 Property Condition Termite Clearance Property Sub Type Duplex Rent Control YN No Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other West Newport Beach (Wsnb) Tenant Pays None Total Actual Rent 5200.00 Total Expenses 7656.64 Trash Expense 125.00 Utilities Electricity AvailableWater Available Water Sewer Expense 669.64 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Vanessa Browne of Realty One Group Southwest


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-26T13:31:19.38. 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 Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

     
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    San Ramon CA, 94583