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Christian Walsh(949) 635-4466
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Status: Under Contract - Under Contract
Property Type:Residential Income (Multi-Family)
On Site:64 Days
Lot Size:2,971 Sq. Ft.
Paradise awaits you just steps from the sand in the serene and quiet part of West Newport, just one house off the beach. The main house lives like a single family home, with over 2000 square feet of living space, 3Br, and 3Ba. The guest house has 3Br, 2Ba with over 1100 square feet of living space, plus there is also a studio unit with wet bar and full bathroom-great as an office or guest suite. The oversized corner lot allows for numerous full on ocean views. This charming Cape Cod style home has the kitchen, living areas and deck on the second floor with ample ocean views and breezes, and the master suite on the private third floor has a loft/living area and two viewing decks with gorgeous ocean views. The guest house has a nice kitchen that opens out to the living/dining areas, its own entrance and is above the garage with some ocean views. This is a wonderful place for guests or as a beach rental in this ideal location. There is parking for 4 cars-2 single car garages and 2 carport spaces-unheard of at the beach! Hop on your bikes and head north on the boardwalk to Huntington Beach or south to all the shops and restaurants at the beach in Newport Beach. Walk out the door and take a stroll on the beach as the sun sets over Catalina Island. Live in an almost oceanfront property without paying oceanfront prices! Life is Better at the Beach!!
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:107 Highland St Newport Beach, CA 92663
Area:N8 - West Newport - Lido
Construction Materials: Clapboard, Drywall, Shake Siding
Number of Buildings: 1
Total Units: 2
Unit 1: 1 Unit•3 Beds•3 Baths•Unfurnished•$6,250 actual rent•$6,250 total rent•$7,500 pro forma
Unit 2: 1 Unit•3 Beds•2 Baths•Unfurnished•$5,030 actual rent•$5,030 total rent•$5,500 pro forma
Garage Spaces: 2.0
Carport Spaces: 2.0
Parking Features: Attached Carport, Carport, Door-Multi, Garage
Parking Total: 4.0
Features / Amenities
Interior Features: Wet Bar, Cathedral Ceilings, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Unfurnished, Bedroom on Main Level
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Water Heater, Dryer, Washer
Fireplace Features: Living Room, Master Bedroom
Flooring: Stone, Tile, Wood
Laundry: Washer Hookup, Gas Dryer Hookup, In Carport, Laundry Room
Entry Level: 1
Entry Location: 1
Common Walls: 2+ Common Walls
Lot Size: 0.07 Acres / 2,971 Sq. Ft.
Lot Features: Item01UnitAcre
Waterfront: Beach Access, Ocean Access, Ocean Side Of Highway
View: City Lights, Ocean, Water
Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer: Public Sewer
Road Frontage: Alley, City Street
Road Surface: Alley Paved, Paved
Directions:Orange then right on Seashore, left on Highland
Tax and Financial Info
Gross Scheduled Income: $135,360
Insurance Expense: $2,000
New Taxes Expense: $41,947
Terms: Cash, Conventional
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Listing provided courtesy of Timothy Carr, Villa Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of June 22, 2021. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.