4804 Neptune Avenue, Newport Beach, CA 92663

$2,250,000
Sold Price
$2,250,000
List Price
$2,300,000
Closing Date
Sep 02, 2021
Status
CLOSED
MLS#
NP21132932
Year Built
1947
Lot Size
3,108
Acres
0.07
Lot Location
0-1 Unit/Acre, Landscaped, Paved
Days on Market
20
Property Type
Single Family Residential
Style
Bungalow, Cottage, Patio Home
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

INVESTORS AND BUILDERS! This is a great opportunity to purchase a steps-to-sand income property or turn-key family beach house in the near term, with the long term objective of new construction condos in a prime location! This nicely remodeled 3 bedroom 2 bath house sits on an estimated 3108 sqft R2 lot. While you’re working on plans, the existing home is classically beachy and would make a fine rental property for annual rentals, or a hybrid 30 day+ extended stay rental property that sleeps 8 which you can use as your own beach house during vacancies. 2 car parking in the garage and 2 more on the driveway. Custom built ins, recessed lighting, remodeled kitchen with granite countertops, laminate flooring and can be provided fully furnished. The large lot and stellar location, two houses to the beach and a block to PCH, make it highly advantageous for development down the road. PURCHASE AND UTILIZE NOW, REDEVELOP WHEN IT SUITS YOU!

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater, Dryer, Washer
Pool Description
None
Fireplace Description
Gas, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Concrete, Stucco
Roof
Shake
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Built-in Features, Crown Molding, Granite Counters, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Master
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Gia Lomenzo (gia@whitesailre.com) from Listing Office: White Sail Realty.

Listing sold by Marisa Hernandez from Casa Real Estate Group, Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.