Newport Beach, CA 92663,215 32nd Street
Newport Beach, CA 92663,215 32nd Street
Newport Beach, CA 92663,215 32nd Street
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$5,200,000
Est. payment /mo
8 Beds
6 Baths
3,500 SqFt
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Key Details

Property Type Commercial

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $1,485

MLS Listing ID CRNP25056815

Bedrooms 8

Full Baths 5

Half Baths 2

HOA Y/N No

Year Built 2020

Lot Size 2,352 Sqft

Acres 0.054

Property Sub-Type Duet

Property Description

PRICED REDUCED $800k - SELLER FINANCING AVAILABLE. Just $1M down and seller will carry at 3% with interest-only payments. Buyer keeps all rental income (approx. $260K/year) to pay interest payments. Rare low-entry opportunity in prime Newport Beach with immediate cash flow. Newly constructed in 2020, this fully furnished 8-bedroom, 7-bathroom duplex sits at the top of the Balboa Peninsula, directly across from the beach. Includes two transferable short-term rental permits and strong income history. Two thoughtfully designed units: Rear Unit: 5BR / 3.5BA with direct garage access, open-concept kitchen, large bonus room, and rooftop deck with ocean, city, and mountain views. Front Unit: 3BR / 2.5BA with a charming front porch on 32nd Street — steps to the sand and ideal for entertaining. Features include AC/heat, parking for 4 cars (2-car garage + 2-car carport), and premium finishes throughout. Walk to Lido Marina Village, the Bayfront, top restaurants, and shops. Quick access to PCH and freeways. Live where you vacation or leverage it as a high-performing income property!

Location

State CA

County Orange

Interior

Interior Features Bonus/Plus Room, Den, Stone Counters

Heating Forced Air

Cooling Ceiling Fan(s), Zoned, Other

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Microwave, Range, Refrigerator, Tankless Water Heater

Laundry Gas Dryer Hookup, Other, Inside

Exterior

Garage Spaces 2.0

Pool None

Utilities Available Sewer Connected, Cable Available, Natural Gas Connected

View Y/N true

View City Lights, Mountain(s)

Handicap Access Other

Total Parking Spaces 4

Private Pool false

Building

Lot Description Street Light(s), Storm Drain

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Three or More Stories

New Construction No

Schools

School District Newport-Mesa Unified

Others

Tax ID 42335317


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Bridge MLS
Listed by Chris Moreno • Surterre Properties Inc.
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_Our #1 priority is to find and attract mastery-based agents to partner with, protect our culture, and support our clients needs and desires."

 

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215 32nd Street