Acres0.04
Year1932
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Christian Walsh
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Status:
Active
Property Type:Duplex
MLS #:OC21004144
On Site:14 Days
Lot Size:0.04 Acres
County:Orange
Welcome to an excellent investment property! This highly-sought after, turn-key vacation rental can also be used as a family beach compound. Charming yet functional, this well maintained and tastefully appointed duplex with guest quarters has a history of a wonderful, steady income. Rarely vacant because of its stellar location (beach side of W Balboa Blvd in the 1st block) returning tenants have been coming for many years for 30-90 days at a time. Enjoy your front patio for dining al fresco, BBQ and entertaining; then enter the main level front unit into a spacious living room, with dining area, large kitchen, 1 bedroom and 1 bath, plus a shared laundry area with stacked washer/dryer. Here you connect to a private entry into the back guest quarters with its own living space, kitchenette, studio bedroom, 1 bath. The upstairs unit with separate entry is bright and cheery with a peek-a-boo view of the ocean; it has a living area, kitchen, 1 bedroom and 1 bath. New double-pane windows installed last year. Separate gas and electrical meters, separate addresses. With 1,628 sf of living space, the lot is 1,750 sf (25 x 70). For those with the long-term vision of new construction, you can keep your rental income flowing while plans are in the city. You're a short walk to the sand where world-class surfing and more awaits. The boardwalk, pier, Lido House Boutique Hotel and Lido Marina Village are just minutes away. Something this special will not last. Please do not disturb tenants.
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Community Information
Address:127 24th Street Newport Beach, CA 92663
County:Orange
City:Newport Beach
Subdivision:West Newport Beach (Wsnb)
Zip Code:92663
Architecture
Year Built:1932
Stories:Two
Style:Bungalow,Cottage
Construction: Wood Siding
Total Units: 2
Stories Total: 2
Unit 1: 1 Unit•1 Bed•2 Baths•Furnished
Unit 2: 1 Unit•1 Bed•1 Bath•Furnished
Roofing: Composition
Foundation Details: Raised, See Remarks
Parking: Public, Street
Features / Amenities
Floor Material: Carpet, Tile
Interior: Ceiling Fan(s)
Rooms: Main Floor Bedroom
Windows: Double Pane Windows
Laundry: Inside, Stackable
Common Walls: No Common Walls
Accessibility Features: No Interior Steps
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Direction Faces: East
Appliances: Disposal, Gas Oven, Refrigerator, Tankless Water Heater
Cooling Type: Wall/Window Unit(s)
Heating Type: Wall Furnace, Space Heater, Natural Gas
Property Features
Lot Size:
0.04 Acres / 1750 Sq. Ft.
Lot Features: 2-5 Units/Acre, Level with Street, Rectangular Lot, Level, Near Public Transit, No Landscaping, Park Nearby, Value In Land
Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1
View: Neighborhood, Ocean, Peek-A-Boo
Lot Number: 22
Sewer: Public Sewer
Water: Public
Fence: Block, Good Condition, Stucco Wall
Directions:Cross Streets: W. Balboa/24th. Heading N on E. Coast Hwy., take a slight R turn onto Newport Blvd., toward Balboa Peninsula, R-30th St., L-West Balboa Blvd., R-24th St. Property is 2nd house on R.
Tax and Financial Info
Land Lease: No
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127 24th Street Newport Beach, CA 92663
ASAP
Sat
23
Jan
Sun
24
Jan
Mon
25
Jan
Tue
26
Jan
Wed
27
Jan
Thu
28
Jan
Fri
29
Jan
Choose Your Date -- It's Free, Cancel Anytime
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Listing provided courtesy of Marie Gentosi, Coldwell Banker Realty.
