2412 Holly Lane

Newport Beach, CA 92663

List Price

$2,395,000

Price Change

▼ $100,000 1499164913

Status

ACTIVE

MLS#

OC17103073

Year Built

1954

Lot Size

8,410

Lot Location

0-1 Unit/Acre

Days on Market

98

Property Type

Multifamily

Stories

One Level

Neighborhood

Other (Othr)

Property Description

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.

Additional Information

Tract Number

1702

Lot Description

Gutters

Pool Description

None

Fireplace Description

Den, Outdoors

Heat

Central Furnace

Cooling

Yes

Cooling Description

Central

Garage Spaces Total

2

Water

Public

Attached Structure

Detached

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Calculator source: Real Geeks

Listing courtesy of Sharon Tetrault from Sharon Tetrault, Broker

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.