738 Tustin Avenue C, Newport Beach, CA 92663

About this townhouse

Back on Market - Attention Investors! Sellers are motivated and reduced to sell quickly! Turnkey rental for an ideal Newport investment property! Large newer townhome built in 2000 with low HOA dues of $200. Rental comps in the $4,500 range - very strong for cash flow! Upgraded property with wood floors, grand high ceilings, large secondary bedrooms and plenty of storage as well as lavish spa master bathroom. Entertainer’s floorplan with dual living rooms, large kitchen island and new stainless appliances. Convenient upstairs laundry and attached two car garage plus plenty of street parking. Excellent location near both the Beach and Harbor plus walking distance to trendy 17th St full of shops and restaurants. Great schools, nearby parks and ideally situated in the quiet neighborhood of Newport Heights. Low tax rate and no Mello Roos are additional perks! Property is staged and shows beautifully - perfect for renters to be able to envision living there. Ready to start bringing in cash flow!

Listing description from the August 2018 sale, as reported to CRMLS.

Sale history

$1,091,999

Sold August 2018 · listed $1,099,999, orig. $1,199,000, on market April 2018 · MLS #OC18097408 · Source: CRMLS

Listing Agent: Kori Kurtz · Listing Office: McMonigle Group Corp · Contact: 949-697-2781 · Bought with: Karen Rosenbaum · Coldwell Banker Res. Brokerage

$892,000

Sold January 2015 · listed $899,000, on market December 2014 · MLS #CV14250585 · Source: CRMLS

Listing Agent: JAMES MARTINDALE · Listing Office: MARTINDALE COMMERCIAL R.E. · Contact: 626-914-2755 · Bought with: Kimberly Sarnecky · First Team Real Estate

$760,000

Sold June 2014 · listed $754,900, on market May 2014 · MLS #PW14104914 · Source: CRMLS

Listing Agent: Jeff Farr · Listing Office: Sellstate Regency Realty · Contact: 714-289-4400 · Bought with: Kim Goble · Sellstate Regency Realty

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