Its Day 6 in our Newport Beach homes for sale March Madness tournament. Today we will be comparing two homes on the Newport Peninsula. So lets get to it!
126 42nd st is currently listed for $1,500,000 and has 2 units.
The upstairs unit has 3 bedrooms and 2 baths and the downstairs unit is a 2 bedroom 2 bath.
This home is right in the heart of the Newport Peninsula and will always rent easily. You are less then one block from Newport Beach and some of the best surfing in the area.
One other feature that is a big selling point, there is on site parking for up to 7 cars!
The next home in our match up is also a duplex on the Newport Peninsula, 517 W Bay Ave currently listed for $1,595,000.
This home is very large with a 4 bedroom 2 bath unit upstairs and a 3 bedroom 2 bath unit downstairs. Both units have a patio and you are one block to the sand and bay. The upstairs unit has vaulted ceilings and large kitchen.
The home only has a 2 car garage but the location is a little quieter then the home on 42nd st. As a rental the upstairs unit could easily rent for $3,000 and the downstairs for $2400 making this a very attractive unit for investors.
If you have any questions about either of these homes or would like to set up a showing please contact one of our agents today.