$3,250,000 - 1550 Miramar Drive, Newport Beach

  • 0Beds
  • Baths
  • 3,810SQ. Feet
  • 0.11Acres

1550 Miramar Drive is a 6-unit multifamily investment opportunity located in Newport Beach, one of the premier coastal housing markets in Southern California. Situated on a 0.11-acre lot, the 3,810 square foot property consists of one- and two-bedroom units and offers amenities including patios and balconies (select units) and garage parking. The property also underwent a complete renovation in 2018 and 2019. All of the units were renovated with new carpet and laminate flooring throughout, stainless steel appliances, ceiling fans, closets, and upgraded bathrooms. The exterior of the property was renovated with new paint and a new deck. 1550 Miramar Drive is situated in the affluent Peninsula Point neighborhood of Newport Beach. Surrounded by multi-million dollar single-family residential homes, residents enjoy walkable access to world class beaches and Newport Harbor. The property is also less than one mile from the Balboa Pier and the Balboa Island Ferry providing convenient access to Balboa Island.

Sales Agent

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

Essential Information

  • MLS® #:OC19118038
  • Price:$3,250,000
  • Bathrooms:0.00
  • Square Footage:3,810
  • Acres:0.11
  • Year Built:1951
  • Type:Residential Income
  • Status:Active Under Contract

Community Information

  • Address:1550 Miramar Drive
  • Area:Balboa Peninsula (NP)
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92661

Amenities

  • Parking Spaces:3
  • # of Garages:2

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Landscaped

Additional Information

  • Date Listed:May 20th, 2019
  • Days on Market:121
  • Zoning:R-3

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Provided By: Kurt Hediger(01846649), Marcus & Millichap RE Invest.

Based on information from California Regional Multiple Listing Service, Inc. as of September 19th, 2019 at 9:19pm 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.