5102 Neptune Avenue, Newport Beach, CA 92663
- $3,150,000
- 6
- BD
- 4
- BA
- 3,075
- SqFt
- Sold Price
- $3,150,000
- List Price
- $3,350,000
- Closing Date
- Nov 20, 2023
- Status
- CLOSED
- MLS#
- 23252781
- Year Built
- 1973
- Bedrooms
- 6
- Bathrooms
- 4
- Living Sq. Ft
- 3,075
- Lot Size
- 3,010
- Acres
- 0.07
- Days on Market
- 197
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- Two Levels
Property Description
Here is the incredible beach paradise very rare income opportunity you have been looking for! This great property is all about location, location, location located smack in the middle of the Peninsula within steps to the beach, world class surfing and all the summer fun. This highly sought after rarely on the market large 3075 sq ft home is just steps from the beach and perfect for an owner-occupied investment property, rent both units or even apply for vacation rental permits. Two blocks from the beach you will be able to get top rental income no matter what rental path you choose. This great property boasts a huge upper unit of 4 beds and 2 baths and the lower is 2 beds and 2 baths. A giant four car garage with new garage door and opener is perfect space for all your tenants. The upper unit is extremely spacious with it's huge vaulted ceilings and great front porch for people watching and enjoying those cool summer nights. The freshly remodeled lower unit is very open and airy with a great private back patio to enjoy the beautiful Newport weather. The property also has a new roof, garage door and opener. This rarely available type of property is priced to sell so it won't last long. Don't miss this opportunity.
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Additional Information
- Appliances
- Refrigerator
- Pool Description
- None
- Fireplace Description
- Living Room, Primary Bedroom
- Heat
- Forced Air
- Cooling Description
- None
- View
- Ocean, Peek-A-Boo
- Exterior Construction
- Wood Siding
- Patio
- Concrete, Enclosed, Open, Patio
- Garage Spaces Total
- 4
- Sewer
- Other
- Interior Features
- Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Shane Dailey (shane@calmutualhomes.com) from Listing Office: Cal Mutual Inc.
Listing sold by Novelle Shakeel-Campoli from City Bancorp Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.