Schedule a Tour
Christian Walsh(949) 635-4466
Choose Your Date -- It's Free, Cancel Anytime
On Site:14 Days
Lot Size:0.04 Acres
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.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:127 24th Street Newport Beach, CA 92663
Subdivision:West Newport Beach (Wsnb)
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
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
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
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
WALKING AND TRANSPORTATION
Schedule a Tour
Similar Recently Sold
Listing provided courtesy of Marie Gentosi, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of January 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.