3215 Clay Street, Newport Beach, CA 92663

$2,100,000
List Price
$2,100,000
Status
ACTIVE UNDER CONTRACT
MLS#
PW21203687
Year Built
1977
Lot Size
5,371
Acres
0.12
Lot Location
Back Yard, Landscaped, Near Public Transit, StreetLevel, Walkstreet
Days on Market
25
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Other (Othr)

Property Description

Great opportunity to own a Duplex in Newport Beach. Located in coveted neighborhood of Newport Heights among luxury homes. This property is a rare find. Both units are 3 Bedrooms 2.5 Baths each with 2 Car garages, direct garage access and good size backyard with patio. Interiors were updated 2 and 3 years ago. Laminate Floors, Granite countertops, Dual Paned Windows and Doors. Each unit has a nice size private backyard and patio.Tenants pay gas & electric, owner pays water and trash & insurance. Both tenants are on month to month agreements and are good tenants. If you have interest in building your dream home you can keep the tenants until you are ready to build. Newport Heights community is within walking distance to the Beach, Markets, a multitude of excellent restraurants, bars, Starbucks, Parks & Hoag Hospital. Newport Heights is an exclsive neighborhood within walking or biking to the Pennisula, Lido Island, The Pier, Boating, Surfing, Paddle Boarding, and every restraunt you could dream of. This is a quiet, friendly neighborhood.The property is located close to great schools, including Newport Heights Elementary, Ensign Middle School & Newport Harbor High School. Rents are well below current market rates of approximately $4,500. The interior photos are of one of the units, both units are model matches. In the Newport Heights neighborhood title shows there are only 18 duplexes, 1 triplex & 2 4 Plexes. This is really a rare find. Please view the video to show proximity to the beach, click on the 360 above to see everything Newport Beach has to offer. You can also go to the web site attached for Vimeo https://vimeo.com/user9072077/review/610469717/61c3ee31c9

Additional Information

Appliances
Dishwasher, Disposal, Microwave
Pool Description
None
Fireplace Description
Gas, Living Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Number Of Units Total
2
Gross Scheduled Income
$84,000
Operating Expense
25750

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Shariee Dunn from BHHS CA Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.