Newport Beach, CA 92661,203 8th ST
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Newport Beach, CA 92661,203 8th ST
Newport Beach, CA 92661,203 8th ST
Newport Beach, CA 92661,203 8th ST
Newport Beach, CA 92661,203 8th ST

$3,650,000

Est. payment /mo

$3,695,000

1.2%
Est.Price: ?

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203 8th ST Newport Beach, CA 92661

2,395 Sqft Lot

SOLD DATE : 03/28/2022

Key Details

Sold Price $3,650,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP22044886

Sold Date 03/28/22

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1965

Lot Size 2,395 Sqft

Property Description

This duplex offers an exceptional location within close proximity to both the ocean and the bay, providing fantastic rooftop views of both Newport Bay and the breaking surf. Both units have been remodeled and provide modern kitchen amenities, a soothing neutral palette of colors and generous indoor / outdoor living spaces. The lower unit offers two bedrooms and one bath with an expansive front patio and private entrance. The upper unit has three bedrooms, two bathrooms, its own entrance and a rooftop deck to capture the tranquil panoramic views, summon the gentle ocean breezes and enjoy al fresco dining. Each unit has access to one parking space in the garage and a shared washer and dryer. For boating and sailing enthusiasts, the property is adjacent to the Newport Harbor Yacht Club. With a strong history of rental income, this is a tremendous opportunity to live in one unit, generate rental income from the other unit, all while experiencing the coveted Newport Beach lifestyle with world-class beaches, surfing, paddle boarding, sailing, and dining. Current rental rents have been provided to long term tenants and could be under market.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Family Room

Fireplace Yes

Laundry Common Area, In Garage

Exterior

Garage Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Sidewalks, Water Sports

View Y/N Yes

View Bay, Neighborhood, Ocean

Total Parking Spaces 2

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer, Unknown

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 04727422

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ron Millar • Arbor Real Estate
Bought with Michelle Linovitz • Villa Real Estate

Rachael Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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