Cesar & Nicole
Seven Gables Real Estate
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- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- NP25078073
- Year Built:
- 1950
- Photos (7)
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Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained, prime corner duplex is the perfect income generator. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage accessible to the upper residence. Updated approximately 10 years ago, there are currently long-term tenants producing immediate return. The highly desirable Balboa Peninsula neighborhood is centrally located and loaded with amenities at nearby Lido Marina Village, the Newport Pier and boardwalk including grocery stores, restaurants, parks and beaches all within walking distance.
- Property Sub Type:
- Duplex
- Property Attached:
- No
- Lot Area:
- 2,465 sq. ft.
- Bathrooms:
- - (Full:-, Half:-)
- Year built:
- 1950 (Age: 75)
- General Listing Location:
- Newport Beach, N8 - West Newport - Lido
- County Or Parish:
- Orange
- Tenant Pays:
- All Utilities, Cable TV, Electricity, Gas
- Common Interest:
- None
- Gross Income:
- $125,143
- Gross Scheduled Income:
- $125,143
- Net Operating Income:
- $85,413
- Rent Control:
- No
- Association Fee:
- $0
- Land Lease:
- No
- Electric Expense:
- $0
- Fuel Expense:
- $233
- Insurance Expense:
- $11,799
- Operating Expense:
- $39,730
- Trash Expense:
- $1,157
- Water and Sewer Expense:
- $0
- Tax Lot:
- 8
- Tax Block:
- 141
- Balboa Blvd to 41st Street. Corner of River and 41st.
- Floor
- Type
- Size
- Other
- -
- Kitchen
- Measurements not available
- -
- -
- Family Room
- Measurements not available
- Separate Family Room
- -
- Bedroom
- Measurements not available
- Multi-Level Bedroom
- View:
- Canal, Neighborhood
- Number of Buildings:
- 1
- # of Electric Meters:
- 2
- # of Gas Meters:
- 1
- # of Water Meters:
- 2
- # Units Leased:
- 1
- Community Features:
- Sidewalks, Water Sports
- Senior Community:
- No
- Laundry Features:
- In Garage, Stacked
- Pool Features:
- None
- Private Pool:
- No
- Lot Features:
- 2-5 Units/Acre
- Fireplace Features:
- Family Room
- Subdivision Name:
- West Newport Beach (WSNB)
- Levels:
- Two
- Num Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Front and Rear
- New Constr.:
- No
- Common Walls:
- No Common Walls
- # Units:
- 2
- Heating:
- Central
- Fireplace:
- Yes
- Cooling:
- Electric
- Water supply:
- Public
- Sewer:
- Public Sewer
- Garage Spaces:
- 2
- Total Parking Spaces:
- 2
- Parking Features:
- Assigned
- Special Listing Conditions:
- Standard
- Parcel Number:
- 42330512
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Listed by Arbor Real Estate
Data was last updated April 20, 2025 at 10:40 AM (UTC)
- CESAR GARCIA
- SEVEN GABLES REAL ESTATE
- 1 (714) 6232202
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of April 20, 2025 at 10:40 AM (UTC) and/or other sources.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Quick Links
Contact Me
Cesar: 714.623.2202
cesarg@sevengables.com
Nicole: 714.396.8355 nicoler@sevengables.com
Head Office
12651 Newport Ave.
Tustin, CA, 92780