Description
Boasting a nearly 3,500 square foot lot and ocean views, approximately 50 steps from the sands of the Pacific Ocean, this West Newport Beach duplex is a hidden gem for those wanting the beach lifestyle away from the overloaded tourist hubs. Zoned R2 and approved for short-term rentals, this prime duplex - currently featuring two, two-bedroom and two-bathroom units, one with an ocean view - has endless options... keep as-is and rent one or both units for income (short-term rentals for added profits or long-term rentals for reduced turnover and increased stability); live in one, rent the other; remodel both for added income or living comfort; or, perhaps the most advantageous opportunity with this extensive lot - build an enormous new duplex or astounding single-family home. The possibilities are truly endless. In addition to direct beach access mere paces away, enjoy nearby parks, restaurants, walking, biking, shopping and everything Newport Beach has to offer.
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4BEDS
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0.08ACRES
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2BATHS
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21/2 BATHS
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1,873SQFT
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$1,495$/SQFT
Description
Boasting a nearly 3,500 square foot lot and ocean views, approximately 50 steps from the sands of the Pacific Ocean, this West Newport Beach duplex is a hidden gem for those wanting the beach lifestyle away from the overloaded tourist hubs. Zoned R2 and approved for short-term rentals, this prime duplex - currently featuring two, two-bedroom and two-bathroom units, one with an ocean view - has endless options... keep as-is and rent one or both units for income (short-term rentals for added profits or long-term rentals for reduced turnover and increased stability); live in one, rent the other; remodel both for added income or living comfort; or, perhaps the most advantageous opportunity with this extensive lot - build an enormous new duplex or astounding single-family home. The possibilities are truly endless. In addition to direct beach access mere paces away, enjoy nearby parks, restaurants, walking, biking, shopping and everything Newport Beach has to offer.
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-11T14:28:37.713. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.