312 36th Street, Newport Beach, CA 92663

List Price
$3,695,000
Price Change
▼ $255,000 1752020114
Status
ACTIVE
MLS#
NP25090232
Lot Size(apprx.)
2,300
Property Type
Multifamily
Year Built
1965

Property Description

Vacation rental ready with the City of Newport Beach short-term rental permit, this modern farmhouse property features a 3 bedroom plus den (or 4th bedroom) 3-bathroom front unit and a 3 bedroom, 2 bath back unit. The property has been highly upgraded with white exterior siding, black windows, modern aluminum roofing, front patio and two rooftop decks, making this the perfect investment property. Both units feature light and bright open floor plans and are highlighted with designer finishes throughout including hardwood floors, reclaimed wood wall, barn doors, shiplap and high-end appliances. All bedrooms have spacious closets and there is ample storage throughout the property. Additional features include 2 car garage plus 2 additional parking spaces. Located in a quiet location in the 100 block allows for parking on both sides of the street. Easy access to both the bay and the beach. Close proximity to Lido Marina Village, Lido House Hotel, and all the restaurants and shops of Newport Beach. The property has stellar established gross rental history, with gross income at approximately $200,000. Financials are available upon request. Furniture included in purchase.

Additional Information

Cooling
Yes
Frontage
City Street
Laundry
Common Area, Washer Hookup, Inside, In Garage
Lot Size
2,300
Neighborhood
Balboa Peninsula (Residential) (Balp)
Stories
Two Levels
View
Canal, City Lights, Water
Year Built
1965

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jon Dishon (jdishon@arborrealestate.com) from Listing Office: Arbor Real Estate.

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.