Sold
Closed
122 28th Street
Newport Beach CA, 92663
$2,975,000
$1,449.81 per sqft
Sold
Closed
2,052 sqft
Multi-family
Built in 1951
Listed by Alex Guyenne with eXp Realty of California Inc. 714-623-5060
122 28th St is a Vacation Rental Duplex on the highly sought after Balboa Peninsula. It's only 9 homes from the sand and water! This property offers a 3 bedroom/2 Bathroom (downstairs) and a 2 bedroom/1 bathroom (upstairs). Both units have been renovated and ready to help your portfolio cashflow. Each unit has 1 garage parking spot and plenty of street parking available. This property has been a great rental for the last decade and with the current gross income approximately at $155,000 per year. There is still upside for the next owner to raise rents to market, as similar properties are currently collecting near $195,000 per year.
DW22259032
MLSⓇ ID
January 3, 2023
Listed
November 22, 2024
Updated
Map
122 28th Street
Newport Beach CA, 92663
Interior Features
Total Stories
2
Interior Features
Balcony, Ceiling Fan(s)
Laundry Description
Inside, Laundry Room
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.05 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
10
Garage
Yes
Garage Spaces
2
Parking
Garage
Parking Total
2
View
Yes
View Description
Ocean
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
5/18/2023 | Sold | $2,975,000 |
Listing Contact: 888-832-7179
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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.
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Data last updated on 11/22/2024 at 5:17 PM UTC