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Image 1 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 2 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 3 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 4 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 5 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 6 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 7 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Image 8 - 215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA - Apartment for sale

Property For Sale In Newport Beach, California

215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA

Property For Sale In Newport Beach, California

apartment for sale

Listed: 03/15/24

215, 215 1/2 32nd Street, Newport Heights, Newport Beach, CA 92663, USA

Studio Bed:

Price

$ 5,5M

Sold

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About This Apartment

Two short term lodging permits - 2023 Generated approximately $260k in revenue. 2024 is projected to be closer to $300k 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 … Full description

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