1511 Cliff Drive, Newport Beach, CA 92663

$1,749,000
4
BD
3
BA
2,000
SqFt
List Price
$1,749,000
Status
ACTIVE
MLS#
OC19001899
Year Built
1948
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,000
Lot Size
7,148
Lot Location
2-5 Units/Acre
Days on Market
86
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One, Two
Neighborhood
Newport Heights (Newh)

Property Description

Great Investment Opportunity!!! INVESTOR CAN USE AS RENTAL FOR LONG TERM OR DECIDE TO BUILD TWO ATTACHED HOMES. Currently a duplex, two separate units, at approximately 2000 square foot total. Rents total $5,375.00. Front Unit (Unit "A") is currently a 3 x 2, and is around 1500 sf. Currently Unoccupied. Back Unit (Unit "B") is currently a 1 x 1, and is around 500 sf. Close to Famed Balboa Island. Near shopping centers, transportation, restaurants, and nightlife. Sold "AS IS". Buyer can choose to hold onto the property long-term, build 2 attached homes of approximately 2800/sf each, or build a larger SFR.

Additional Information

Tract Number
1219
Lot Description
Sidewalks
Pool Description
None
Fireplace Description
Family Room
Cooling Description
None
View
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Attached Structure
Attached
Total Number of Units
2

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 Rochel Younessi from Keller Williams Coastal Proper

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.