$3,350,000 - 5102 Neptune Avenue, Newport Beach

  • 6Beds
  • 4Baths
  • 3,075SQ. Feet
  • 0.07Acres

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.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:23252781
  • Price:$3,350,000
  • Bedrooms:6
  • Bathrooms:4.00
  • Square Footage:3,075
  • Acres:0.07
  • Year Built:1973
  • Type:Residential Income
  • Style:Traditional
  • Status:Closed
  • Listing Agent:Shane Dailey
  • Listing Office:Cal Mutual Inc

Community Information

  • Address:5102 Neptune Avenue
  • Area:N8 - West Newport - Lido
  • City:Newport Beach
  • County:Orange
  • Zip Code:92663

Amenities

  • Parking Spaces:7
  • Parking:Driveway
  • # of Garages:4
  • Garages:Driveway
  • View:Ocean, Peek-A-Boo
  • Pool:None

Interior

  • Interior:Carpet, Laminate, Tile
  • Interior Features:Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan
  • Appliances:Refrigerator
  • Heating:Forced Air
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:Living Room, Primary Bedroom
  • # of Stories:2
  • Stories:Two

Exterior

  • Exterior:Wood Siding
  • Construction:Wood Siding

Additional Information

  • Date Listed:March 21st, 2023
  • Days on Market:199

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Based on information from California Regional Multiple Listing Service, Inc. as of April 16th, 2024 at 10:45am CDT. 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.