215 32nd Street, Newport Beach, CA

$5,499,000

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8

Beds

7

Baths

0.05

Acres

Listing Agent
Chris Moreno - Surterre Properties Inc.

About 215 32nd Street

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.

Features of 215 32nd Street

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

Community Information

Address 215 32nd Street
Area NP - Balboa Peninsula
Subdivision Balboa Peninsula (Residential) (BALP)
City Newport Beach
County Orange
State CA
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
Is Waterfront No
Has Pool No
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
Has Basement No
Fireplace No
# of Stories 2
Stories Three Or More

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed April 12th, 2023
Days on Market 241
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentChris Moreno
OfficeSurterre Properties Inc.

Listing Map

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