215 32nd Street, Newport Beach

Newport Beach Home For Sale

TWO SHORT TERM PERMITS - 2023 Revenue - Real numbers generated = $275,000. Seller will do a "2/1" buydown- buy down the buyers rate 2% for the first year, and 1% the second year. This property was designed and built specifically as a short-term rental property maximizing on room count and rentability. Recently constructed Eight (8) full siize bedrooms, 5 full baths and 2 half bath Newport Beach Balboa Peninsula Duplex Home- complete with TWO (2) SHORT TERM LODGING (RENTAL) PERMITS. This is an investors’ dream as the property has been recently completed and fully operational with proven substantial rental income. The units consist of a 5-bedroom 3.5 bath rear unit beautiful kitchen and appliances and sitting room with a huge oversized indoor/outdoor great room. The upstairs primary bedroom has a large walk-in closet and large private deck with ocean breezes and city light views. The front unit consists of 3 bedrooms and 2.5 baths with a great front porch. The entire property has independent air conditioning and independent heating zones for every room. Amazing parking for four cars; a full size, side-by-side two car garage and an additional two car covered car port. This is an incredible location surrounded by Lido Village, the Newport Beach Bayfront, and is just a stroll across the street to the most beautiful beaches in Newport. Lido Marina Village has recently gone through an incredible makeover and offers the best restaurant and shopping Newport Beach has to offer. Along with direct access to Lido and the beaches, you are located just off Pacific Coast Highway and direct access to the freeways.

Property Details

215 32nd StreetLot Size: 0.05Bedrooms: 8Bathrooms: 7Price: $4,995,000Zip: 92663
MLS® #: NP24155493Neighborhood: Balboa Peninsula (Residential) (BALP)Levels: Three Or MoreGarages: 2School District: Days on Market: 127Listed By: Chris Moreno, Surterre Properties Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
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Additional Information

  • City:
    Newport Beach
  • County:
    Orange
  • Zip:
    92663
  • MLS® #:
    NP24155493
  • Bedrooms:
    8
  • Bathrooms:
    7
  • Lot Size:
    0.05
  • Neighborhood:
    Balboa Peninsula (Residential) (BALP)
  • Levels:
    Three Or More
  • Garages:
    2
  • HOA Dues:
    $

Price Change History for 215 32nd Street, Newport Beach, (MLS® #NP24155493)

Date Details Price Change
Price Reduced (from $5,400,000) $4,995,000 $405,000 (7.50%)
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Based on information from California Regional Multiple Listing Service, Inc. as of December 3rd, 2024 at 5:56pm PST. 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, 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.