This is a unique opportunity for an investor to own a home in Newport Beach occupied by a tenant with a strong business model and an outstanding rental history. This gorgeous home is located on a tree-lined street in the coveted Newport Heights neighborhood. Occupied by a long-term tenant who pays good rent (similar to a triple-net lease, in that most repairs are covered by tenant - and there has been no vacancy). Very large home (square footage is based on OC Assessor records) of seven bedrooms and seven bathrooms in the main house. Additionally, there is a private living space off laundry room that has a den area with a large closet, a loft that could be used as a bedroom, a full bath, built-in cabinetry and a Dutch door leading to side yard. Open den and kitchen floor plan with caesarstone countertops; custom hardscaped courtyard at the front of the house with a sitting area and large outdoor fireplace; and a private middle patio that can be accessed from den/kitchen and from one of the bedrooms. Two-car garage with driveway. Tremendous curb appeal with mature vegetation. Listing broker is related to one of the two sellers, who is a licensed real estate agent, as well as to the tenant.
|DAYS ON MARKET||Login to view Days on Market||LAST UPDATED||5/11/2017|
|TRACT||Other (OTHR)||YEAR BUILT||Login to view Year Built|
|COMMUNITY||N6 - Newport Heights||COUNTY||Orange|
|STATUS||Active||PROPERTY TYPE(S)||Residential Income|
|AREA||N6 - Newport Heights|
|GARAGE||Direct Garage Access, Garage|
|LOT||8410 sq ft|
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