Price
$ 1,747,000

124 27th, Newport Beach, CA 92663  

124 27th, Newport Beach, CA 92663  

THIS PROPERTY HAS IT ALL! Great price & superb location, remodeled w/ SHORT TERM RENTAL PERMITS, PRE-PAID UTILITY UNDERGROUNDING! $85,000 estimated gross income*see agent for details. Featured on HGTV. Remodeled BEACH HOUSE 2 br,1 ba w/ 1 br & 1 ba GUEST VILLA BOTH w/GRANITE KITCHENS, beautiful baths. Unique SIDE YARD w/BLUE GRANITE OUTDOOR KITCHEN. Current owner began renovating Beach Cottage in 1990's & was upgraded over the 2000's,per title company the original year built was 1923. Villa was remodeled in 2006-2007 adding a kitchen & a 3/4 bath in the 2nd unit which is grandfathered into this R-1 SFR property. Great for family,friends or owner occupy one unit & receive income from the other or both *Estimate w/summer,off season rentals at 100% occupancy see agent for details & expenses.The COTTAGE features a greatroom w/ stone fireplace, cook's kitchen with a Gaggeneau oven, 2017 STAINLESS STEEL fridge & dishwasher. Custom granite counters & bar for extra seating & custom birdseye maple cabinets. Porcelain flooring added to COTTAGE BR's in 2015. GUEST VILLA is in the Tommy Bahama style w/granite kitchen ,porcelain tile & Toto toilet.Neither broker or owner who is the listing agent guarantee accuracy as to lot size, interior square footage, zoning, year built,condition, features of the property, rent ability, rental income or expenses and the buyer is advised to independently verify the accuracy of any information if it is deemed valuable in the consummation of a purchase.

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Listing Type
Multi-Family
Listing ID
NP17201667
Lot Size
1,750.00 sqft
Listing Status
Active
Year Built
1923
County
Orange
Subdivision
Central Newport (Cnew)
Floors
2
Units
2
Garage
1.0
Zoning
R-1
TaxID
04709303
Listing courtesy of Melissa Schmand~First Team Estates
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    Listing Information Provided By:
    RE/MAX PREMIER REALTY
    130 Vantis Dr Ste 150 Aliso Viejo, CA 92656-2691 | Phone: (949) 552-0788
    RE/MAX PREMIER REALTY is licensed in the state of California CalBRE License #: 01263780
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.