6503 Seashore Drive

    Newport Beach, CA 92663
    • $2,980,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: NP19158179
    $2,980,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,920
      SQFT
    • $1,552
      $/SQFT
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Boasting a nearly 3,500 square foot lot and ocean views, approximately 100 feet from the sands of the Pacific Ocean, this West Newport Beach duplex is a hidden gem for those wanting the beach lifestyle away from the overloaded tourist hubs. Zoned R2 and approved for short-term rentals, this prime duplex - currently featuring two, two-bedroom and two-bathroom units, one with an ocean view - has endless options... keep as-is and rent one or both units for income (short-term rentals for added profits or long-term rentals for reduced turnover and increased stability); live in one, rent the other; remodel both for added income or living comfort; or, perhaps the most advantageous opportunity with this extensive lot - build an enormous new duplex or astounding single-family home. The possibilities are truly endless. In addition to direct beach access mere paces away, enjoy nearby parks, restaurants, walking, biking, shopping and everything Newport Beach has to offer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T00:27:58.053. 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 or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/96560570

    6503 Seashore Drive Newport Beach, CA 92663

    • Price: $2,980,000
    • Status: Active
    • ID#: NP19158179
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1,920
    SQFT
    $1,552
    $/SQFT
    1951
    Built
    Neighborhood:
    West Newport Beach (Wsnb)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    Boasting a nearly 3,500 square foot lot and ocean views, approximately 100 feet from the sands of the Pacific Ocean, this West Newport Beach duplex is a hidden gem for those wanting the beach lifestyle away from the overloaded tourist hubs. Zoned R2 and approved for short-term rentals, this prime duplex - currently featuring two, two-bedroom and two-bathroom units, one with an ocean view - has endless options... keep as-is and rent one or both units for income (short-term rentals for added profits or long-term rentals for reduced turnover and increased stability); live in one, rent the other; remodel both for added income or living comfort; or, perhaps the most advantageous opportunity with this extensive lot - build an enormous new duplex or astounding single-family home. The possibilities are truly endless. In addition to direct beach access mere paces away, enjoy nearby parks, restaurants, walking, biking, shopping and everything Newport Beach has to offer.
    Exterior Features

    Garage Spaces 4.00 Lot Features Corner LotRectangular LotValue In Land Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features See Remarks Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features BikingCurbsGuttersSidewalksStreet LightsSuburban Country Us Elevation Units Feet Gross Income 70000.00 Gross Scheduled Income 75600.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Net Operating Income 70000.00 New Construction YN No New Taxes Expense 29800.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 5600.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Subdivision Name Other West Newport Beach (Wsnb) Total Expenses 5600.00 Trash Expense 600.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Devin Lucas of Villa Real Estate and Courtney Lucas of Villa Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T00:27:58.053. 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 or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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