Sq.Ft. Lot2,439
Year1950
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Christian Walsh
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Status:
Active
Property Type:Duplex
MLS #:NP23034313
On Site:27 Days
Lot Size:2,439 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Matt Genova
Office:Arbor Real Estate
Broker Phone:949-698-2715
Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained corner duplex is the perfect income generator and/or development opportunity. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage. Updated approximately 10 years ago, there are currently long-term tenants occupying the units on a month to month basis. The highly desirable neighborhood is perfect as the local amenities including grocery stores, restaurants, parks and beaches are all within walking distance.
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Community Information
Address:213 41st St, Newport Beach, CA 92663
County:Orange
City:Newport Beach
Subdivision:West Newport Beach (Wsnb)
Zip Code:92663
Architecture
Year Built:1950
Stories:2
Building Area: 3266.0
Number of Buildings: 1
Total Units: 3
Stories Total: 2
Unit 1: 1 Unit • 3 Beds • 2 Baths • Unfurnished • $4,785 actual rent • $4,785 total rent
Unit 2: 2 Units • 3 Beds • 2 Baths • Unfurnished • $4,875 actual rent • $4,875 total rent
Garage Spaces: 2.0
Parking Features: Assigned
Parking Total: 2.0
Features / Amenities
Laundry: In Garage, Stacked
Common Walls: No Common Walls
Heating: Central
Property Features
Lot Size:
0.06 Acres / 2,439 Sq. Ft.
Lot Features: Item25UnitsAcre
Sewer: Public Sewer
Water: Public
Directions:Balboa Blvd to 41st Street. Corner of River and 41st.
Tax and Financial Info
Gross Income: $115,920
Gross Scheduled Income: $115,920
Net Operating Income: $80,203
Insurance Expense: $1,500
New Taxes Expense: $17,194
Water/Sewer Expense: $650
Operating Expense: $35,717
Terms: Cash, CashtoNewLoan
Tenant Pays: All Utilities
Land Lease: No
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213 41st St Newport Beach, CA 92663
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Based on information from California Regional Multiple Listing Service, Inc. as of April 1, 2023. 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.
