12427Th

  • Newport Beach

  • $1,747,000
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Residential Income Details

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.
Essential
MLS #NP17201667
Price$1,747,000
Number of Units2
Sale TypeStandard
Sub-TypeDuplex
StatusActive
Listing BrokerageFirst Team Estates
Listing AgentMelissa Schmand
Listing Agent BRE #01043651
Interior
FeaturesBar,Built-Ins,Cathedral-Vaulted Ceilings,Ceiling Fan,Ceramic Counters,Granite Counters,Open Floor Plan,Pull Down Stairs to Attic,Recessed Lighting,Storage Space,Track Lighting,Wired for Data
FloorLaminate,Tile
AppliancesDishwasher,Electric Oven,Electric Stove,Freezer,Garbage Disposal,Gas Water Heater,Grill,Ice Maker,Microwave,Refrigerator
CoolingWall Window,Electric
HeatingCentral Furnace,Electric,Natural Gas
FireplaceFamily Room,Gas,Wood
Exterior
ParkingUncovered,Garage,Direct Garage Access,Garage - Rear Entry,On Site,Private
Garage Spaces1
ViewOcean,Peek-A-Boo
PoolNone
SpaNone
RoofingComposition
Community
AreaN8 - West Newport - Lido
TractCentral Newport (CNEW)
CommunitySidewalks,Street Lighting
Address124 27Th
CityNewport Beach
CountyOrange
StateCA
ZipCode92663
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, November 18, 2017. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.