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5102 Neptune Avenue, Newport Beach, CA 92663

Property

5102 Neptune Avenue, Newport Beach, CA 92663 Sold November 2023 CRMLS
$3,150,000Sold November 2023

Listing Agent: Shane Dailey (DRE #01484412) · Listing Office: Cal Mutual Inc · Contact: 323-821-8323 · Bought with: Novelle Shakeel-Campoli · City Bancorp Inc. · MLS #23252781 · Source: CRMLS

6
Bedrooms
4
Bathrooms
3,075
Sq Ft
3,010 sqft
Lot Size
1973
Year Built
Property
Type
2
Stories
4
Garage
None
Cooling
ForcedAir
Heating
Ocean, PeekABoo
View

About this property

Here is the incredible beach paradise very rare income opportunity you have been looking for! This great property is all about location, location, location located smack in the middle of the Peninsula within steps to the beach, world class surfing and all the summer fun. This highly sought after rarely on the market large 3075 sq ft home is just steps from the beach and perfect for an owner-occupied investment property, rent both units or even apply for vacation rental permits. Two blocks from the beach you will be able to get top rental income no matter what rental path you choose. This great property boasts a huge upper unit of 4 beds and 2 baths and the lower is 2 beds and 2 baths. A giant four car garage with new garage door and opener is perfect space for all your tenants. The upper unit is extremely spacious with it's huge vaulted ceilings and great front porch for people watching and enjoying those cool summer nights. The freshly remodeled lower unit is very open and airy with a great private back patio to enjoy the beautiful Newport weather. The property also has a new roof, garage door and opener. This rarely available type of property is priced to sell so it won't last long. Don't miss this opportunity.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$3,150,000
Sold November 2023 · listed $3,350,000, orig. $3,499,999, on market March 2023 · MLS #23252781 · Source: CRMLS
Listing Agent: Shane Dailey · Listing Office: Cal Mutual Inc · Contact: 323-821-8323 · Bought with: Novelle Shakeel-Campoli · City Bancorp Inc.
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