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    125 39th Street

    Newport Beach, CA 92663
    • $3,149,000
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: NP20131448
    $3,149,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $1,312
      $/SQFT
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Impressive rental cash flow for this "RARE" turnkey 2 unit duplex property. Completely gutted & remodeled in 2017. A new roof in 2019. This is a "High-end" legally permitted & licensed "short-term" rental property. The upstairs 4 bedroom, 2 1/2 bath unit is light & airy with vaulted wood beamed ceilings thru-out. An open great room, balcony off the living area. Large kitchen w/ granite counters, breakfast bar & gas appliances. Inside washer/dryer. The downstairs 2 bedroom, 2 bath unit has a cozy beach bungalow vibe. Large outdoor patio w/ 9 ft. bi-fold glass doors. Kitchen has bar seating with granite counters. Indoor washer/dryer. In BOTH UNITS there are: Beautiful natural stone bathrooms w/ high end fixtures, durable wood laminate flooring thru-out, ceiling fans in ALL rooms, gas fireplaces in living rooms, security systems, flat screen TV's in all rooms. Furniture inside & out, appliances, kitchen items, all towels & bedding included at no additional cost. Have I mentioned the extremely hard to find 4 car garage with electric car charging outlets? Tankless water heaters. Outdoor shower. Live in one unit & rent out the other. Live in one unit & work from home in the other. Purchase as an investment property with SOLID rental income with "Summer" short term & off-season rentals. This truly is a "Rare" opportunity to purchase a beautiful "TURN-KEY" 2 unit duplex in a stellar location, 7 doors from the sand. Buyer to verify sq. footage. Listing agent is owner of the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-27T00:27:39.667. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/107609655
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    125 39th Street Newport Beach, CA 92663

    • Price: $3,149,000
    • Status: Active
    • ID#: NP20131448
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,400
    SQFT
    $1,312
    $/SQFT
    1972
    Built
    Neighborhood:
    West Newport Beach (Wsnb)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    Impressive rental cash flow for this "RARE" turnkey 2 unit duplex property. Completely gutted & remodeled in 2017. A new roof in 2019. This is a "High-end" legally permitted & licensed "short-term" rental property. The upstairs 4 bedroom, 2 1/2 bath unit is light & airy with vaulted wood beamed ceilings thru-out. An open great room, balcony off the living area. Large kitchen w/ granite counters, breakfast bar & gas appliances. Inside washer/dryer. The downstairs 2 bedroom, 2 bath unit has a cozy beach bungalow vibe. Large outdoor patio w/ 9 ft. bi-fold glass doors. Kitchen has bar seating with granite counters. Indoor washer/dryer. In BOTH UNITS there are: Beautiful natural stone bathrooms w/ high end fixtures, durable wood laminate flooring thru-out, ceiling fans in ALL rooms, gas fireplaces in living rooms, security systems, flat screen TV's in all rooms. Furniture inside & out, appliances, kitchen items, all towels & bedding included at no additional cost. Have I mentioned the extremely hard to find 4 car garage with electric car charging outlets? Tankless water heaters. Outdoor shower. Live in one unit & rent out the other. Live in one unit & work from home in the other. Purchase as an investment property with SOLID rental income with "Summer" short term & off-season rentals. This truly is a "Rare" opportunity to purchase a beautiful "TURN-KEY" 2 unit duplex in a stellar location, 7 doors from the sand. Buyer to verify sq. footage. Listing agent is owner of the property.
    Exterior Features

    Architectural Style Cape Cod Construction Materials Board & Batten SidingDrywall WallsGlassStoneStucco Direction Faces South Exterior Features Rain Gutters Fence YN Yes Fencing Block Foundation Details Slab Garage Spaces 4.00 Lot Features Level With StreetRectangular LotNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageGarage Faces RearTandem Garage Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley PavedMaintainedPaved Roof CompositionShingle Spa Features None Spa YN No View NeighborhoodOcean View YN Yes Waterfront Features Beach AccessOcean AccessOcean Side Of Highway 1

    Interior Features

    Appliances BarbecueDishwasherDisposalGas RangeIce MakerMicrowaveRefrigeratorSelf Cleaning OvenTankless Water HeaterWater Line To Refrigerator 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 None Cooling YN No Door Features Sliding Doors Fireplace Features Family Room Fireplace YN Yes Flooring LaminateWood Heating CentralFireplace(S) Heating YN Yes Interior Features BalconyBeamed CeilingsCeiling Fan(S)FurnishedGranite CountersLiving Room BalconyLiving Room Deck AttachedOpen FloorplanRecessed LightingWired For DataWired For Sound Laundry Features Dryer IncludedIn ClosetInsideStackableWasher Included Levels Two Room Type KitchenLiving RoomMaster BathroomMaster BedroomWalk-In Closet Window Features BlindsDouble Pane WindowsScreens

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStorm DrainsStreet Lights Country Us Electric 220 Volts in Garage Electric Expense 1500.00 Elevation Units Feet Fuel Expense 360.00 Gross Income 192000.00 Gross Scheduled Income 192000.00 Inclusions All Indoor/outdoor FurnitureWall FixturesAll AppliancesKitchen itemsbedding & TowelsAll Flat Screen Tv's & Audio Equipment - Turn-Key Ready Insurance Expense 3600.00 Land Lease YN No Laundry YN Yes Net Operating Income 149000.00 New Construction YN No New Taxes Expense 36000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 42060.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Duplex Rent Control YN No Security Features Security SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other West Newport Beach (Wsnb) Total Expenses 42060.00 Trash Expense 100.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 500.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Kristen Simons of Beach And Isle Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-27T00:27:39.667. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
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