Active
$4,250,000
3 Units
6 Beds
3 Baths
2,445 Area(sq.ft.)
Lot: 7,266 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | n/a | n/a | $ 4,995 |
| Unit 2 | 1 | 2 | 1 | No | $ 4,495 | $ 4,495 | $ 4,495 |
| Unit 3 | 1 | 2 | 1 | No | $ 4,295 | $ 4,295 | $ 4,295 |
| 3 | 6 | 3 | $ 8,790 | $ 8,790 | $ 13,785 |
| MLS #: | NP25088084MR |
| Days On Market: | 221 |
| Listing Date: | April 28, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,738 |
| Price per unit: | $ 1,416,667 |
| Year Built: | 1955 |
Property Details
We are pleased to present the sale of 1805 Clay Street, a turnkey 3-unit multifamily property situated in the prestigious Newport Heights neighborhood, located in Newport Beach. The property consists of (3) recently renovated 2 bedroom / 1 bathroom units. Each unit has been highly remodeled boasting a bright modern living space with white shaker cabinets, quartz countertops, vinyl flooring, stainless steel appliances, spa like bathrooms, and large private patios. Each unit has central AC, in-unit laundry, dual pane windows, tankless water heaters, recessed lighting, Ring doorbells, private single car epoxy coated garage space and are conveniently separately metered for gas and electricity. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to parks, top rated schools, beaches, and all the amenities 17th street has to offer!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 54,875 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Biking, Park, Street Lights |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Equipment: | Dishwasher, Inside, Refrigerator |
| Heating: | Central |
| Laundry: | Inside |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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Income
