$2,495,000 - 119 39th Street A & B, Newport Beach

  • 0Beds
  • Baths
  • 2,150SQ. Feet
  • 0.05Acres

This charming Spanish-style beach compound is located steps from the sand and surf. Structured as a duplex with two individual buildings and a separate studio apartment, each unit comes fully furnished with the household amenities included. The front house, built in 1929, was renovated in 2015 and provides 3 bedrooms, 2 bathrooms in approximately 1,000 SF of living space on two levels. The modern galley kitchen has granite countertops and Thermador appliances and opens to the great room and friendly front courtyard where you can enjoy the warm weather and people-watching. The back unit, built in 1958, is comprised of an 800 SF upper unit with 2 bedrooms and 1 bathroom and full kitchen, while on the lower level is the studio apartment (non-conforming) with wet bar, refrigerator, and microwave. The compound houses a total of 6 bedrooms and 4 bathrooms in 3 units totaling ~2,150 SF. The spacious two-car garage with 3rd off-street parking space has full-sized washer/dryer and is easily accessed from the wide back alley. Both houses have new windows and the entire property has been well-maintained. This is a great opportunity for a turn-key vacation rental investment or a cozy beach home with plenty of room for guests. (Based on offer price, Pro forma annual net income of $110,000 provides a cap rate is 4.41%.)

Sales Agent

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

Essential Information

  • MLS® #:OC19222290
  • Price:$2,495,000
  • Bathrooms:0.00
  • Square Footage:2,150
  • Acres:0.05
  • Year Built:1929
  • Type:Residential Income
  • Style:Spanish, Bungalow, Cottage
  • Status:Active

Community Information

  • Address:119 39th Street A & B
  • Area:West Newport - Lido (N8)
  • Subdivision:West Newport Beach (WSNB)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92663

Amenities

  • Parking Spaces:3
  • # of Garages:2
  • Is Waterfront:Yes
  • Waterfront:Lot is Across the Road from Lake/Ocean, Lot has Beach Access, Ocean Side of Highway 1, Ocean Side of Freeway

Interior

  • Appliances:Built In Range, Dishwasher, Double Oven, Garbage Disposal, Gas Water Heater, Microwave, Range/Stove Hood, Refrigerator, Tankless Water Heater, Free Standing Range, Ice Maker
  • Heating:Central Furnace, Wall Heater, Forced Air, Space Heater
  • Cooling:Wall or Window Units
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Level with Street, Lot 20000-39999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat, No Landscaping, Park Nearby, Walkstreet
  • Windows:Double Pane Windows, Window Blinds, Custom Window Covering
  • Roof:Composition, Asphalt
  • Foundation:Concrete Slab, Pillar/Post/Pier

Additional Information

  • Date Listed:September 19th, 2019
  • Days on Market:26
  • Zoning:R2

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Similar Neighborhoods to "West Newport Beach (WSNB)" in Newport Beach, California

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West Newport Beach (wsnb)

  • City:
    Newport Beach
  • Price Range:
    $1,995,000 - $2,980,000
  • Current Listings:
    6
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $1,163
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Provided By: John Cain(01467294), Pacific Sotheby's Int'l Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of October 16th, 2019 at 4:22am 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.