517 35th ST Newport Beach, CA 92663
Sale
$2,699,000
2 Units
6 Beds
4 Baths
2,900 Area(sq.ft.)
2,849 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 4,200 | $ 4,200 | $ 5,200 |
| Unit 2 | 1 | 3 | 2 | No | $ 4,500 | $ 4,500 | $ 5,500 |
| 2 | 2 | 6 | 4 | $ 8,700 | $ 8,700 | $ 10,700 |
| MLS #: | NP23171117MR |
| Days On Market: | 166 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 931 |
| Price per unit: | $ 1,349,500 |
| Year Built: | 1972 |
Property Details
Nestled in the charming Finley tract, this duplex offers a splendid configuration with 3 bedrooms and 2 baths in the upper unit, alongside an equally impressive 3 bedroom 2 bath lower unit. Impeccably maintained, it sits a generous 30 X 95 lot and features a spacious 2 car garage equipped with laundry hookups for both units. Within, both units boast inviting fireplaces and have undergone upgrades in baths and kitchens, ensuring a modern and comfortable living experience. The upper unit showcases elegant vinyl flooring throughout, with exceptions made for the kitchen and baths, while the lower unit features tasteful tile flooring complemented by cozy carpeting in the bedrooms. With the assurance of long-term, quality tenants and minimal vacancy, the property has recently received exterior painting and the addition of new wood beams in April, enhancing its appeal. A new concrete front patio further adds to its charm. Noteworthy features include charming beam ceilings and a spacious private new deck off the primary bedroom. Situated in the sought-after Finley tract, residents can easily walk or bike to an array of amenities, including Starbucks, Bank of America, Pavilions shopping center, Lido Marina Village, NoBu, Bear Flag, Zinque, and more. Moreover, its proximity to the beach without the usual beach traffic makes it an enviable location for discerning individuals.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 2,760 |
| Net Operating Income: | $ 96,048 |
| Actual Gross Rent: | $ 8,700 |
Structure
| Community Features: | Biking, Curbs, Fishing, Watersports, Sidewalks |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Sewer: | In Street Paid, Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | R-2 |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Garage - 1 Car |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | Central, See Remarks |
| Equipment: | Dishwasher, Garage, Gas Or Electric Dryer Hookup, Laundry Area, Other, Refrigerator |
| Heating: | Forced Air, Natural Gas |
| Fireplace Rooms: | Living Room |
| Laundry: | Garage, Gas Or Electric Dryer Hookup, Laundry Area, Other |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Tar and Gravel |
Detailed Map
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