Welcome to this Exceptional income producing duplex opportunity in the heart of Newport Beach. This nearly $300,000 per year revenue property features a fully transferable short-term rental license, allowing legal operation on Airbnb and VRBO a rare and highly coveted advantage. The property is consistently booked year round, offering immediate… Read More cash flow with true turnkey ease.
Built in 2020 by renowned Burkhard Builders, this front and back unit configuration offers flexibility for investors, owner-users, or multi generational living. The front residence (Unit A) spans approximately 1,400 square feet and features three bedrooms and three and one half baths, while the rear residence (Unit B) offers approximately 1,200 square feet with two bedrooms and two and one half baths. Each unit is thoughtfully designed with privacy and functionality in mind.
Both residences showcase designer grade finishes throughout, including Wolf appliance suites, custom cabinetry, and high end fixtures. A private ocean view rooftop balcony provides an ideal setting for entertaining and enjoying coastal sunsets.
Additional highlights include a each unit with a single car attached covered garage plus one additional covered parking for each unit, a highly desirable feature in this location. Offered fully turnkey, this is a rare Newport Beach opportunity combining luxury, flexibility, and proven income performance. Read Less
Property listed by Side, Inc, Ashkon Babaee 949-293-9955
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
5
Partial Baths
1
Square Ft.
2,602
Lot Size
0.05 Acres
Year Built
2020
MLS Number
OC25276620
Additional Details
Building
Built in 2020, Living area: 2602.0, Living area units: SquareFeet, 2 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1
Community
Biking, DogPark, Fishing, Golf, Hiking
Cooling
CentralAir
Fireplaces
FamilyRoom
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Interior Features
AllBedroomsUp, WalkInClosets
Laundry
LaundryRoom
Lot
0.05 acres, ZeroToOneUnitAcre
Parking
2 total parking spaces
Pool
None
Property
Bay, BackBay, Catalina, CityLights, Coastline, Harbor, Mountains, Panoramic, Pier, Water
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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