Under Contract
212 40th Street
Newport Beach CA, 92663
$2,495,000
$1,018.78 per sqft
Under Contract
4 Beds
2.5 Baths
2,449 sqft
Multi-family
Built in 1965
Listed by Jon Flagg with Pacific Sotheby's Int'l Realty 949-554-1200
Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit boasting 3 bedrooms (3rd bedroom converted to a den) and 2 bathrooms plus a large, west-facing patio, complemented by a well-maintained rear unit offering 1 bedroom and 1 bathroom and private balcony, providing flexibility for occupants or potential rental income. Its prime position offers easy access to a vibrant dining and shopping scene, enhancing the lifestyle appeal for residents and attracting potential tenants. With its vintage charm and solid foundation, this property serves as a canvas for enhancement, inviting buyers to customize and upgrade to suit their needs. Property to be sold in as-is condition and seller will not provide any repairs nor credits.
NP24078002
MLSⓇ ID
April 19, 2024
Listed
April 26, 2024
Updated
Map
212 40th Street
Newport Beach CA, 92663
Interior Features
Total Stories
2
Bedrooms
4 Beds
Bathrooms
2.5 Baths
Interior Features
Beamed Ceilings, Open Floorplan, Bedroom on Main Level
Appliances
Double Oven, Dishwasher, Electric Range, Freezer, Disposal, Gas Range, Refrigerator, Range Hood, Trash Compactor
Laundry Description
In Garage
Floor Description
Carpet, Tile
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.06 Acres
Exterior Features
Balcony
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
7
Garage
Yes
Garage Spaces
2
Parking
Direct Access, Garage
Parking Total
2
View
Yes
View Description
Neighborhood
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Under Contract | — |
Listing Contact: 949-554-1200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/26/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 4/26/2024 at 8:14 PM UTC