Sold
5102 Neptune Avenue
Newport Beach CA, 92663
$3,150,000
$1,024.39 per sqft
Sold
6 Beds
4 Baths
3,075 sqft
Residential
Built in 1973
Listed by Shane Dailey with Cal Mutual Inc 323-821-8323
Here is the incredible beach paradise very rare income opportunity you have been looking for! This great property is all about location, location, location located smack in the middle of the Peninsula within steps to the beach, world class surfing and all the summer fun. This highly sought after rarely on the market large 3075 sq ft home is just steps from the beach and perfect for an owner-occupied investment property, rent both units or even apply for vacation rental permits. Two blocks from the beach you will be able to get top rental income no matter what rental path you choose. This great property boasts a huge upper unit of 4 beds and 2 baths and the lower is 2 beds and 2 baths. A giant four car garage with new garage door and opener is perfect space for all your tenants. The upper unit is extremely spacious with it's huge vaulted ceilings and great front porch for people watching and enjoying those cool summer nights. The freshly remodeled lower unit is very open and airy with a great private back patio to enjoy the beautiful Newport weather. The property also has a new roof, garage door and opener. This rarely available type of property is priced to sell so it won't last long. Don't miss this opportunity.
23252781
MLSⓇ ID
March 21, 2023
Listed
March 23, 2024
Updated
Map
5102 Neptune Avenue
Newport Beach CA, 92663
Interior Features
Total Stories
2
Bedrooms
6 Beds
Bathrooms
4 Baths
Interior Features
Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan
Appliances
Refrigerator
Laundry Description
In Garage
Floor Description
Carpet, Laminate, Tile
Fireplace
Yes
Fireplace Description
Living Room, Primary Bedroom
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Architectual Style
Traditional
Sewer
Other
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
199
Garage
Yes
Garage Spaces
4
Parking
Driveway
Parking Total
7
View
Yes
View Description
Ocean, Peek-A-Boo
County
Orange
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
11/22/2023 | Price Change | $3,150,000 -6% |
11/22/2023 | Sold | $3,150,000 |
10/6/2023 | Pending | — |
4/24/2023 | Price Change | $3,350,000 -5% |
Listing Contact: 323-821-8323
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 3/23/2024 at 1:31 AM UTC