127 24th Street

Location, location, location, this charming property is in the heart of the Newport Beach Peninsula on the ocean side of Balboa Blvd., just steps from the sand. You're in a walker's paradise where no car is needed and most daily errands or activities can be accomplished on foot because of the numerous coffee shops, restaurants, grocery stores, shopping, the pier and beach activities nearby. Plenty of free parking surrounds the area including 24th Street itself, the city offers several parking-permits options, plus there's a surplus of metered lots within an easy stroll. Professionally decorated with 5-star reviews you'll enjoy exceptional detail throughout. These bright and cheery vacation units are consistently in high demand all year. Extended leases are 31+ days with a historical average of 31-90 days. Tenants from all over the world return year after year. Zoned R1 as a legal, non-conforming grandfathered duplex, there's 3 separate private entrances: Front unit 670+/- sf 1bedroom/1 bath; Back lower unit 500+/- sf studio/1 bath; Upper back unit 460+/- sf 1bedroom/1bath. Front and back lower units can connect if you'd like (total ground floor square footage is 1,170+/-) as they share the lock-off utility space and stackable washer/dryer. Well maintained with brand new double-pane windows and a tankless water heater. Furnishings and all supplies are available for purchase. Please do not disturb tenants or walk the fully-occupied property. Following COVID protocol.