
True Property Management | Kurt Galitski
2973 Harbor Blvd #532 Costa Mesa Ca. 92626 (Mail Only)
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866-957-6677400 E OceanfrontNewport Beach, CA 92661Active3D Save
7BD
6BA
3166SqFt
UPDATED
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,166 sqft
Price per Sqft $1,816
Lot Size 3,049 Sqft
Year Built 1972
MLS Listing ID P1-1051
Style Modern
Subdivision Balboa Peninsula (Residential)
Bedrooms 7
Full Baths 6
Construction Status Turnkey,Updated/Remodeled
HOA Y/N No
Property Description
Welcome to Casa al Mare! Incredible attention to detail is the only way to describe this unique California Modern oceanfront Triplex located between the Newport and Balboa Piers in one of Southern California's most desired stretch of shoreline in Newport Beach. This meticulously restored and maintained investment property by interior designer Ron Gucciardo comes 'fully-furnished' and includes such luxury brand names as Viking, Tommy Bahama, and Calvin Klein. Enjoy living in one of these luxurious units and renting out the other 2 units. Stunning Pacific Ocean, Catalina, and Sunset views.Stackable washers and dryers are included in each unit and the immaculate 3 car garage contains a separate laundry room to handle weekly or monthly turnover of rental units. The garage also houses 3 Noritz tankless water heaters, one for each unit, as well as a Life Source Water Filtration System to provide filtered water for the entire property. Finally, each unit also comes with a Viking Stainless Steel Barbeque for outdoor use.Just minutes from the Balboa Island Ferry, Fun Zone, the Wedge and world-class shopping and dining. Also located steps away from public parking to accommodate guests. The property is situated on a corner lot, with easy access to and from the property on a wide access walkway. Pro-forma gross income of $431K for all 3 units and net operating income of $251K (4.38% cap rate). Visit www.400oceanfront.com for more info.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Other Rooms Family Room,Kitchen,Living Room,Main Floor Bedroom,Main Floor Master Bedroom,Master Bathroom,Master Bedroom,Master Suite
Kitchen Granite Counters,Kitchen Island,Kitchen Open to Family Room,Remodeled Kitchen,Stone Counters,Tile Counters
Interior
Interior Features Balcony,Beamed Ceilings,Built-in Features,Ceramic Counters,Crown Molding,Furnished,Granite Counters,High Ceilings,Living Room Balcony,Open Floorplan,Recessed Lighting,Stone Counters,Tile Counters,Wired for Data
Laundry Dryer Included,In Closet,In Garage,Stackable,Washer Included
Heating Fireplace(s),Forced Air
Cooling None
Flooring Carpet,Stone,Tile
Fireplaces Type Gas,Living Room,Masonry,Raised Hearth
Inclusions All furnishings included
Fireplace Yes
Exterior
Garage None
Garage Spaces 3.0
Fence None
Pool None
Community Features Biking,Fishing,Sidewalks,Watersports
Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front
View Y/N Yes
View Catalina,Coastline,Ocean,Panoramic,Pier,Water
Roof Type Composition
Porch Deck,Patio,Patio Open,Tile
Attached Garage 1
Building
Lot Description Corner Lot,Rectangular Lot,Sprinklers None
Dwelling Type Triplex
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Turnkey,Updated/Remodeled
Schools
School District Newport Mesa Unified
Others
Senior Community No
Special Sale Standard
Lease Land No
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Listing provided by Secured Realty Group
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