$5,499,000 - 215 32nd Street, Newport Beach

  • 8Beds
  • 7Baths
  • 0SQ. Feet
  • 0.05Acres

Everyone is waiting to see if the projections are accurate - Well we are spot on for the first 5 months of the year! Don't wait and miss out on this investment property. June and July booked solid with just under $100k for just these two months alone. This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors’ dream as the property has been recently completed and fully operational with proven substantial rental income. The front and back units consist of a 5-bedroom 3.5 bath rear unit with all new kitchen, new appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property was upgraded with independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across the street to the most beautiful beaches in Newport. Lido Marina Village has recently gone through an incredible makeover and offers the best restaurant and shopping Newport Beach has to offer. Along with direct access to Lido and the beaches, you are located just off Pacific Coast Highway and direct access to the freeways.

Sales Agent

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

Essential Information

  • MLS® #:NP23061062
  • Price:$5,499,000
  • Bedrooms:8
  • Bathrooms:7.00
  • Acres:0.05
  • Year Built:2020
  • Type:Residential Income
  • Sub-Type:Duplex
  • Style:Contemporary
  • Status:Active
  • Listing Agent:Chris Moreno
  • Listing Office:Surterre Properties Inc.

Community Information

  • Address:215 32nd Street
  • Area:N8 - West Newport - Lido
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • Zip Code:92663

Amenities

  • Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Parking Spaces:4
  • Parking:Direct Access, Garage
  • # of Garages:2
  • Garages:Direct Access, Garage
  • View:City Lights
  • Pool:None

Interior

  • Interior:Vinyl
  • Interior Features:Built-in Features, Balcony, Ceiling Fan(s), Furnished, Stone Counters, Recessed Lighting, All Bedrooms Up, Galley Kitchen, Walk-In Closet(s)
  • Appliances:Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
  • Heating:Forced Air
  • Cooling:Electric, Zoned
  • # of Stories:2
  • Stories:Three Or More

Exterior

  • Lot Description:0-1 Unit/Acre

Additional Information

  • Date Listed:April 12th, 2023
  • Days on Market:351

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Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2024 at 2:55am 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.