900 E Oceanfront, Newport Beach, CA 92661

$7,999,000
5,850
SqFt
List Price
$7,999,000
Status
ACTIVE
MLS#
NP18286111
Year Built
1971
Living Sq. Ft
5,850
Lot Size
6,534
Lot Location
6-10 Units/Acre
Days on Market
48
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

OCEANFRONT 6 UNIT APARTMENT, EACH UNIT IS 2 BEDROOM 2 BATH. REMODELED IN TOMMY BAHAMA BEACH STYLE ALL FURNISHED. RENTED WEEKLY, MONTHLY OR YEARLY BY WHITESAIL MANAGEMENT. TENANTS PAY SET FEE FOR UTILITIES. VERY GOOD UPSIDE IN RENTAL INCOME. PARKING 1 SPACE PER UNIT. ON SITE LAUNDRY. RARE OPPORTUNITY TO OWN OCEANFRONT RENTAL PROPERTY IN NEWPORT BEACH. BUYER TO VERIFY ALL SQUARE FOOTAGE AND INCOME/EXPENSE INFORMATION. BUYER TO COOPERATE IN 1031 EXCHANGE AT NO COST TO BUYER. SEE SUPPLEMENTS FOR P&L. SAME OWNER WILL SELL 916 E. OCEANFRONT AND 919 E. BALBOA BOTH ARE 3 BEDROOM 2 BATH DUPLEXES.

Additional Information

Tract Number
104
Lot Description
Smoke Detector, Sidewalks
Appliances
Garbage Disposal, Gas Water Heater, Microwave, Refrigerator
Pool Description
None
Fireplace Description
None
Heat
Central Furnace
Cooling Description
None
View
Ocean, Park Or Green Belt
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kathy Fallon from Surterre Properties Inc.

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.