131 45th Street, Newport Beach, CA 92663

$3,700,000

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List Price
$3,700,000
Status
ACTIVE
MLS#
NP26240561
Year Built
1956
Lot Size
2,788
Acres
0.06
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
West Newport Beach (Wsnb)

Property Description

TWO ACTIVE SHORT-TERM RENTAL PERMITS! Welcome to 131 45th Street, a turnkey, fully furnished vacation rental that sleeps 12 on the iconic 100 block. With a total of 4 bedrooms and 3 bathrooms across both units, this property has all the character and style and ready to perform from day one. The upper unit has an open living & dining area with peek-a-boo bay views. The front downstairs unit has 2 bedrooms and 2 baths, one with ensuite, plus a cozy living area with fireplace and breakfast bar. Two fenced patios extend the living space outdoors. The front patio has dining for 12 and two gas BBQs for sunset dinners, and the back patio has cushioned lounge seating for privacy and quiet evenings. An outdoor shower rinses off the sand after a day at the beach. Garage parking for two with an EV charger and on-site laundry for added convenience. Meticulously maintained, strong current and future bookings with many repeat clients, turnkey and income-producing from day one. A+ location, close proximity to the beach, boardwalk, restaurants and grocery. Welcome to 131 45th Street, location, income and ease.

Additional Information

Taxes
$19,076
Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Electric, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Bay, Ocean, Peek-A-Boo
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Balcony, Ceiling Fan(s), Furnished, All Bedrooms Up, All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$192,520
Operating Expense
75248

Listing courtesy of Listing Agent: Nicolai Glazer (nicolai@nicolaiglazer.com) from Listing Office: Pacific Sotheby's Int'l Realty.

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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.