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Magnum Realty Services

Mark E. Cestaric
Real Estate Broker
714-606-9491
MarkeCestaric@gmail.com
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DRE#: 009883926

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Listing 14 out of 20
$2,088,000 For Sale

216 21st Street
Newport Beach, CA 92663

2 units | Multi Family Home
2178 sq ft lot - MLS# LG19144991
Property Photo
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Description

Great income producing ocean view duplex. This property comes fully furnished, and you can immediately enjoy rental income from existing short term rental bookings. Upper owner's unit features 3 Bedrooms and 2 baths, large master, vaulted ceilings and open floor plan. Downstairs unit features 2 bedrooms and 2 bathrooms with rear private patio. Each unit includes a 1-car attached garage, with additional car port parking, total of 4 spaces. Both units completely remodeled with new cabinets, travertine floors, granite countertops, recessed and cable lighting, tankless water heaters and stainless steel appliances. Exterior and interior freshly painted. Newer windows and doors. Located close to Newport Beach Pier, restaurants, shopping and night-life. All utilities have been separated, making this the ideal income property.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92663
  • Year Built: 1972
  • Subdivision/Neighborhood: Balboa Peninsula (Residential) (Balp)
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 2.00
  • Fireplace: Living Room, Yes
  • Lot Size: 2178 sq ft lot
  • View: Peek-A-Boo, Yes
  • Zoning: SP6/R2
  • Area: NP - Balboa Peninsula
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 2180.00
  • Building Area Units: Square Feet
  • Community Features: Sidewalks
  • Country: US
  • Directions: Take Newport Blvd turn left on 21st Street
  • Garage Spaces: 2.00
  • Gross Income: 157367.00
  • Gross Scheduled Income: 157367.00
  • Laundry Features: Gas & Electric Dryer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01408840
  • Listing Office License: 01947727
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 2178.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 157367.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Room Type: Laundry
  • Sewer: Public Sewer
  • Stories Total: 2
  • Water Source: Public
  • Year Built Source: Seller
Courtesy of Douglas Elliman Of California, Inc., Andy Stavros

Mark E. Cestaric
Costa Mesa, CA 92626
Phone: 714-606-9491
Email: markecestaric@gmail.com

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