2110 W Oceanfront

    Newport Beach, CA 92663
    • $5,295,000
    • STATUS: Active
    • ON SITE: 139 days
    • ID#: OC18239412
    UPDATED: 15 min ago
    $5,295,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $1,177
      $/SQFT
    Neighborhood:
    West Newport Beach (Wsnb)
    Type:
    Multi-Family
    Built:
    1925
    County:
    Orange
    Area:
    N8 - West Newport - Lido

    School Ratings & Info

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    Description

    AN OCEANFRONT MULTI USE PROPERTY WITH SOLID STEADY INCOME ALL YEAR ROUND. THIS PROPERTY IS ON THE OCEANFRONT AND THE VIEWS ARE BEYOND INCREDIBLE. TWO RESIDENTIAL UNITS UPSTAIRS EACH W/3 BEDS, 2 BATHS, SHARED LAUNDRY AREA, FRONT AND REAR STAIR CASE AND COMMUNITY PATIO AREA. DOWNSTAIRS ARE BOTH LONG TERM RETAILERS W/LONG TERM ESTABLISHED TENANCY. LEASES WILL BE RENEGOTIATED NEXT YEAR. ALL UNITS ARE BELOW MARKET. THE POTENTIAL IS INCREDIBLE. PROPERTY WAS RENOVATED 15 YEARS AGO AND CAN USE A COSMETIC FACELIFT. 4 PARKING SPACES INCLUDING ONE GARAGE AND ALSO LARGE STORAGE AREA. POTENTIAL FOR VACATION RENTAL INCOME. SEE THE SUNSETS, CATALINA AND CRASHING WAVES DIRECTLY IN FRONT OF YOU.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-19T14:31:14.277. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/88140369

    2110 W Oceanfront Newport Beach, CA 92663

    • Price: $5,295,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: OC18239412
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,500
    SQFT
    $1,177
    $/SQFT
    1925
    Built
    Neighborhood:
    West Newport Beach (Wsnb)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    AN OCEANFRONT MULTI USE PROPERTY WITH SOLID STEADY INCOME ALL YEAR ROUND. THIS PROPERTY IS ON THE OCEANFRONT AND THE VIEWS ARE BEYOND INCREDIBLE. TWO RESIDENTIAL UNITS UPSTAIRS EACH W/3 BEDS, 2 BATHS, SHARED LAUNDRY AREA, FRONT AND REAR STAIR CASE AND COMMUNITY PATIO AREA. DOWNSTAIRS ARE BOTH LONG TERM RETAILERS W/LONG TERM ESTABLISHED TENANCY. LEASES WILL BE RENEGOTIATED NEXT YEAR. ALL UNITS ARE BELOW MARKET. THE POTENTIAL IS INCREDIBLE. PROPERTY WAS RENOVATED 15 YEARS AGO AND CAN USE A COSMETIC FACELIFT. 4 PARKING SPACES INCLUDING ONE GARAGE AND ALSO LARGE STORAGE AREA. POTENTIAL FOR VACATION RENTAL INCOME. SEE THE SUNSETS, CATALINA AND CRASHING WAVES DIRECTLY IN FRONT OF YOU.
    Exterior Features

    Architectural Style English Carport Spaces 2.00 Construction Materials Stucco Exterior Features Rain Gutters Fence YN No Fencing None Foundation Details Slab Garage Spaces 1.00 Lot Features 11-15 Units/AcreLevel With StreetLot-Level/FlatNear Public TransitValue In Land Lot Size Source Assessor Lot Size Units Square Feet Other Structures Storage Parking Features Assigned Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat Spa Features None Spa YN No View CatalinaOceanPanoramicPierWaterWhite Water View YN Yes Waterfront Features Beach AccessBeach FrontMarina in CommunityOcean AccessOcean FrontOcean Side Of Highway 1Sea Front

    Interior Features

    Appliances DishwasherGarbage DisposalGas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 1200 Average1 Bed Area Units Square Feet Average2 Bed Area 1200 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Cooling YN Yes Door Features Sliding Glass Door(S) Heating Central Furnace Heating YN Yes Interior Features 2 StaircasesStorage Space Laundry Features Community Levels Two Room Type All Bedrooms UpKitchenLaundryMaster Bedroom Window Features Energy Star WindowsScreens

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Building Area Units Square Feet Community Features GuttersSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 216000.00 Insurance Expense 1800.00 Land Lease YN No Laundry YN Yes Net Operating Income 209000.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 1000.00 Property Condition Repairs CosmeticUpdated/Remodeled Property Sub Type Commercial/Residential Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other West Newport Beach (Wsnb) Tenant Pays All UtilitiesCable TvElectricityGasWater Total Actual Rent 19000.00 Total Expenses 1800.00 Trash Expense 0.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Glenda Farrell of Re/Max Fine Homes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-19T14:31:14.277. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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