129 40th Street

Newport Beach, CA 92663

List Price

$2,500,000

Status

ACTIVE

MLS#

NP17039856

Year Built

1978

Lot Size

2,605

Lot Location

Corner Lot

Days on Market

115

Property Type

Multifamily

Style

Cape Cod

Property Sub Type

Duplex

Stories

Two Level

Neighborhood

West Newport Beach (Wsnb)

Property Description

Excellent beach-close investment opportunity. Completely gutted and remodeled in 2012 this large duplex property located in the preferred “100†block represents an abundance of wonderful options. With water views from each unit, the lower two bedroom, two bath has hardwood floors, a cozy brick fireplace, functional kitchen with stainless appliances and granite counters, new carpet and paint and a large, sunny front patio with built-in BBQ. Upstairs there is a spacious four bedroom, three bath unit appointed with hardwood floors, stainless kitchen, high ceilings, brick fireplace, and fun ocean view terrace. There is also a RARE four car garage with extra storage for each unit and laundry facilities. Close to shops, restaurants and all of the Peninsula fun! A great opportunity to purchase a turn-key duplex wherein you can rent both units, or keep one for your own seaside holiday use while you rent the other. Wonderful as a vacation rental property, too!

Additional Information

Tract Number

670

Lot Description

Curbs, Sidewalks, Storm Drains, Street Lighting, Urban

Appliances

Barbecue, Dishwasher, Freezer, Gas Water Heater, Microwave, Range/Stove Hood, Refrigerator

Pool Description

None

Fireplace Description

Living Room

Heat

Forced Air, Natural Gas

View

Ocean, Peek-A-Boo

Garage Spaces Total

4

Water

Public

Attached Structure

Attached

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Listing courtesy of HOM Sotheby's International Re.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.