Newport Beach, CA 92663
$4,495,000
>>>>>Prime Investment Opportunity Just Steps from the Sand in Newport Beach.>>>>>Welcome to your perfect beachside getaway or investment gem! Ideally located, to the beach and sand with shopping close by, with being just a few steps from the sand, it offers a peek-a-boo view of the ocean. With a rare short-term rental permit, this property presents a unique opportunity for flexible living or income generation. The lower unit features 2 spacious bedrooms, 1 full bathroom, and could possibly have another bathroom added downstairs a fully equipped kitchen, and a private patio—ideal for relaxed coastal living. The upper unit boasts 4 bedrooms, 2 bathrooms, and has two separate entrances to the upstairs a full kitchen, formal dining area, and two expansive patios for enjoying ocean breezes and sunset views. Additional features include: 2-car garage plus 1 covered parking space laundry room (separate from the units) Ideal for multi-generational living, vacation rental income, or a primary residence with guest accommodations. Whether you're looking for a personal beach retreat, a lucrative investment, or a mix of both, this versatile property delivers on all fronts.
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Listed by Terri Wheeler, HomeSmart, Evergreen Realty