407 38th Street, Newport Beach, CA 92663

$4,450,000

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Sold Price
$4,450,000
List Price
$4,450,000
Closing Date
Mar 19, 2024
Status
CLOSED
MLS#
NP24030639
Year Built
2018
Lot Size
2,851
Acres
0.07
Lot Location
Sprinklers In Front, Landscaped, Near Park, Rectangular Lot, Sprinkler System
Days on Market
3
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Newport Island (Newi)

Property Description

Welcome to coveted Newport Island! This stunning residence features a front home with 4 bedrooms, 3 bathrooms and a rear unit above the garage, which shares no common walls, with 2 bedrooms, 2 bathrooms, perfect for rental income or guests. Entering the 1,662 SF main house you are greeted with beautiful wide oak plank flooring and an impressive two-story open ceiling dining room with plenty of natural light. The dining room opens into the chef’s kitchen with Viking appliances, quartz countertops and a wine fridge. Upstairs the spacious primary suite has a walk-in closet and bathroom with marble flooring, marble shower and a glass backsplash. The entire home is hardwired for surround sound, alarm, and has nest heating. The laundry/mud room is perfect after rinsing off from the beach in the outdoor shower. The rear home has similar characteristics as the front home, a full kitchen, walk-in closet and laundry in the unit. Off of one of the bedrooms is a private patio to enjoy your morning coffee. A spiral staircase leads to a rooftop deck adorned with string lights while you soak in the jacuzzi. Large 4 car garage with epoxy flooring, locking California closets and surfboard storage. The location could not be any more perfect, walk to the beach, the bay, Lido Village and the grocery store. Price includes all furniture except those excluded in the supplements.

Additional Information

Other Buildings
Guest House
Appliances
Barbecue, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Canal
Garage Spaces Total
4
Sewer
Sewer Tap Paid
Water
Public
Interior Features
Ceiling Fan(s), Furnished, High Ceilings, In-Law Floorplan, Open Floorplan, Recessed Lighting, Storage, Smart Home, Two Story Ceilings, Wired for Data, Wired for Sound, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$216,000
Operating Expense
3700

Listing courtesy of Listing Agent: Hannah Dvorak (hannah.dvorak@compass.com) from Listing Office: Compass.

Listing sold by Matt Genova from Arbor Real Estate

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Calculator source: Real Geeks

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.