212 40th Street, Newport Beach, CA 92663

$2,800,000
4
BD
3
BA
2,449
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$2,800,000
List Price
$2,495,000
Closing Date
Jun 10, 2024
Status
CLOSED
MLS#
NP24078002
Year Built
1965
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,449
Lot Size
2,818
Acres
0.06
Lot Location
0-1 Unit/Acre
Days on Market
52
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Central Newport (Cnew)

Property Description

Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit boasting 3 bedrooms (3rd bedroom converted to a den) and 2 bathrooms plus a large, west-facing patio, complemented by a well-maintained rear unit offering 1 bedroom and 1 bathroom and private balcony, providing flexibility for occupants or potential rental income. Its prime position offers easy access to a vibrant dining and shopping scene, enhancing the lifestyle appeal for residents and attracting potential tenants. With its vintage charm and solid foundation, this property serves as a canvas for enhancement, inviting buyers to customize and upgrade to suit their needs. Property to be sold in as-is condition and seller will not provide any repairs nor credits.

Additional Information

Appliances
Double Oven, Dishwasher, Electric Range, Freezer, Disposal, Gas Range, Refrigerator, Range Hood, Trash Compactor
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling Description
None
View
Neighborhood
Patio
Covered, Patio
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Interior Features
Beamed Ceilings, Open Floorplan, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Jon Flagg (jon@flaggrealestate.com) from Listing Office: Pacific Sotheby's Int'l Realty.

Listing sold by Mary Golding from Coldwell Banker Realty

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
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.