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  • Status:Active
  • Square Foot:1,700
  • Lot Size:0.04 Acres
  • Community:West Newport - Lido
  • Zip Code:92663
  • Property Type:Residential Income
  • List Date:Wed, Aug 30 2017

Property Description

THIS PROPERTY HAS IT ALL! Great price & superb location, remodeled w/ SHORT TERM RENTAL PERMITS, PRE-PAID UTILITY UNDERGROUNDING! $85,000 estimated gross income*see agent for details. Featured on HGTV. Remodeled BEACH HOUSE 2 br,1 ba w/ 1 br & 1 ba GUEST VILLA BOTH w/GRANITE KITCHENS, beautiful baths. Unique SIDE YARD w/BLUE GRANITE OUTDOOR KITCHEN. Current owner began renovating Beach Cottage in 1990's & was upgraded over the 2000's,per title company the original year built was 1923. Villa was remodeled in 2006-2007 adding a kitchen & a 3/4 bath in the 2nd unit which is grandfathered into this R-1 SFR property. Great for family,friends or owner occupy one unit & receive income from the other or both *Estimate w/summer,off season rentals at 100% occupancy see agent for details & expenses.The COTTAGE features a greatroom w/ stone fireplace, cook's kitchen with a Gaggeneau oven, 2017 STAINLESS STEEL fridge & dishwasher. Custom granite counters & bar for extra seating & custom birdseye maple cabinets. Porcelain flooring added to COTTAGE BR's in 2015. GUEST VILLA is in the Tommy Bahama style w/granite kitchen ,porcelain tile & Toto toilet.Neither broker or owner who is the listing agent guarantee accuracy as to lot size, interior square footage, zoning, year built,condition, features of the property, rent ability, rental income or expenses and the buyer is advised to independently verify the accuracy of any information if it is deemed valuable in the consummation of a purchase.

Property Details

Essential Information

  • MLS #NP17201667
  • Price$1,747,000
  • Square Footage1,700
  • Acres0.04
  • Year Built1923
  • TypeResidential Income
  • StyleBungalow, Cape Cod, Cottage, Custom Built
  • StatusActive

Amenities

  • Parking Spaces2
  • # of Garages1
  • Is WaterfrontYes
  • WaterfrontLot has Beach Access, Lot has Ocean Access, Ocean Side of Highway 1

Exterior

  • Lot DescriptionNear Public Transit
  • WindowsWindow Blinds, Double Pane Windows, Drapes/Curtains, Skylights, Wood Frame Windows , Garden Window
  • RoofComposition
  • FoundationRaised, Concrete Slab

Listing Details

  • Listing AgentMelissa Schmand
  • Listing OfficeFirst Team Estates

Community Information

  • Address124 27th
  • AreaWest Newport - Lido
  • SubdivisionCentral Newport
  • CityNewport Beach
  • CountyOrange
  • StateCA
  • Zip Code92663

Interior

  • AppliancesGas & Electric Dryer Hookup, Stackable, Dishwasher, Electric Oven, Electric Stove, Freezer, Garbage Disposal, Gas Water Heater, Grill, Ice Maker, Microwave, Refrigerator
  • HeatingCentral Furnace, Electric, Natural Gas
  • CoolingWall or Window Units, Electric
  • FireplaceYes
  • # of Stories2
  • StoriesTwo

Additional Information

  • Date ListedAugust 30th, 2017
  • Days on Market50
  • ZoningR-1

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