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$5,499,000
366 Days Online

215 32nd Street
Newport Beach, CA 92663

For Sale|Multi-Family|Active
Subdivision:
Balboa Peninsula (Residential) (Balp)
County:
Orange
Listed by Chris Moreno of Surterre Properties Inc. 949-280-6357
Call Now: 949-280-0681
Is this the home for you? We can help make it yours.
949-280-0681
215 32nd Street215 32nd Street215 32nd Street215 32nd Street
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TWO SHORT TERM LODGING PERMITS - 2023 Generated approximately $260k in revenue. 2024 is projected to be closer to $300k This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors’ dream as the property has been recently completed and fully operational with proven substantial rental income. The front and back units consist of a 5-bedroom 3.5 bath rear unit with all new kitchen, new appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property was upgraded with independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across the street to the most beautiful beaches in Newport. Lido Marina Village has recently gone through an incredible makeover and offers the best restaurant and shopping Newport Beach has to offer. Along with direct access to Lido and the beaches, you are located just off Pacific Coast Highway and direct access to the freeways.

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Listing Snapshot
Price 
$5,499,000
Days Online 
366 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.054 Acres
Year Built 
2020
MLS® Number 
NP23061062
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
7 months agoPrice changed to $5,499,000
a year agoListing first seen online
General Features
Style 
Contemporary
Parking 
Direct AccessGarage
Parking Spaces 
4
Sewer 
Public Sewer
Number of Stories 
3+2
Acreage 
0.054
Water 
Public
Accessibility Features 
Parking
Property Sub Type 
Duplex
Garage Spaces 
2
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Listing Conditions 
Standard
Interior Features
Cooling 
ElectricZoned
Heating 
Forced Air
Appliances 
Built In RangeDishwasherDisposalGas RangeMicrowaveRefrigeratorRange HoodTankless Water HeaterVented Exhaust Fan
Flooring 
Vinyl
Interior 
BuiltinFeaturesBalconyCeilingFansFurnishedStoneCountersRecessedLightingAllBedroomsUpGalleyKitchenWalkInClosets
Laundry Features 
Electric Dryer HookupGas Dryer HookupInside
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Exterior Features
View 
City Lights
Spa 
No
Pool Features 
None
Spa Features 
None
Lot 
Item01 Unit Acre
Road Frontage 
City Street
Community Features
Community Features 
BikingCurbsFishingHikingStorm DrainsStreet LightsSidewalksWater Sports
Senior Community 
No
MLS Area 
N8 - West Newport - Lido
Properties

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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

REAL ESTATE BROKERAGE SERVICES

  • Newport Beach Homes for Sale/Sharon Paxson®
  • Newport Beach area buyers, sellers, renters
  • 1100 Newport Center Drive
    Newport Beach, CA 92660
  • 949-280-0681 | DRE 01501912

DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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