Price Reduction - Water Views
Address
119 39th Street Newport Beach, CA
Price
$ 2,725,000
Property Attributes
  • MLS#OC18068995
  • TypeIncome
  • CountyORANGE
  • CityNewport Beach
  • AreaWest Newport - Lido
  • NeighborhoodWest Newport Beach
  • Zip92663
  • StyleBungalow,Cottage,Spanish
  • Price$ 2,725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2150
  • Lot Size2,298 SqFt
Listing Provided Courtesy Of:
Russ Evans with McMonigle Group Corp.
Property Description

This charming Spanish-style beach compound is located steps from the sand and surf. Structured as a duplex with two individual buildings and a separate studio apartment, each unit comes fully furnished with the household amenities included. The front house, built in 1929, was renovated in 2015 and provides 3 bedrooms, 2 bathrooms in approximately 1,000 SF of living space on two levels. The modern galley kitchen has granite countertops and Thermador appliances and opens to the great room and friendly front courtyard where you can enjoy the warm weather and people-watching. The back unit, built in 1958, is comprised of an 800 SF upper unit with 2 bedrooms and 1 bathroom and full kitchen, while on the lower level is the studio apartment (non-conforming) with wet bar, refrigerator, and microwave. The compound houses a total of 6 bedrooms and 4 bathrooms in 3 units totaling ~2,150 SF. The spacious two-car garage with 3rd off-street parking space has full-sized, coin-operated laundry units and is easily accessed from the wide back alley. Both houses have new windows and the entire property has been exceptionally well-maintained. This is a great opportunity for a turn-key vacation rental investment or a cozy beach home with plenty of room for guests. (Pro forma annual net income of $184,00, the cap rate is 6.77%.)

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
4/2/2018 Listed $2,950,000
4/25/2018 1% - $2,925,000
7/7/2018 7% - $2,725,000

General Features

Attached Structure Detached
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting, Urban
Directions Talke PCH to W. Balboa Blvd (south), turn right on 39th. Home is on the right side.
HOA Fee 0.00
Levels Two
Listing Agent Russ Evans - BRE#01995317
Listing Agent State License 01995317
MLS Area N8 - West Newport - Lido
Price Per Square Foot 1267.44
Security Features Security Lights, Smoke Detector
Spa Features None
Special Listing Conditions Standard
Subdivision West Newport Beach (WSNB)
Subdivision Name West Newport Beach (WSNB)
Total Units 3
Zoning R2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Built In Range, Dishwasher, Double Oven, Free Standing Range, Garbage Disposal, Gas Water Heater, Ice Maker, Microwave, Range/Stove Hood, Refrigerator, Tankless Water Heater
Appliances Y/N Yes
Common Walls No Common Walls
Cooling Wall Window
Dishwasher Count 2
Fireplace Features None
Flooring Tile, Wood
Garbage Disposal Count 3
Heating Central Furnace, Wall Heater, Space Heater, Forced Air
Heating Y/N Yes
Interior Features Ceiling Fan, Chair Railings, Furnished, Granite Counters, Living Room Deck Attached, Open Floor Plan, Storage Space, Wet Bar
Laundry Features Area, Dryer Included, In Garage, Washer Included
Laundry Y/N Yes
Number of Wall ACs 2
Range Count 2
Refrigerator Count 3
Room Type Family Room, Galley Kitchen, Great Room, Kitchen, Living Room, Loft, Main Floor Bedroom
Studio Area Unit Type Square Feet
Total Stories 2
Utilities Phone Available, Sewer Connected, Water Connected
Window Features Blinds, Custom Covering, Double Pane Windows
Windows with Drapes 3

Exterior Features

Architectural Style Bungalow, Cottage, Spanish
Building Area Total 2150.00
Carport Spaces 0.00
Construction Materials Lap Siding, Plaster, Stucco
Door Features Mirrored Closet Doors, Sliding Glass Door(s)
Exterior Features Barbecue Private, Rain Gutters
Facing Direction North
Fence Y/N Yes
Fencing Block, Stucco Wall
Foundation Details Pillar/Post/Pier, Slab
Garage Spaces 2.00
Lot Features Level with Street, Lot 20000-39999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat, No Landscaping, Park Nearby, Walkstreet
Lot Size Source Assessor
Lot Size Square Feet 2298.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 3
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
Other Structures Guest House, Guest House Detached, Two On A Lot
Parking Features Direct Garage Access, Garage, Garage - Rear Entry, Garage - Single Door, Garage Door Opener, Off Street, Parking Space, Private
Parking Y/N Yes
Patio Count 2
Pool Features None
Road Frontage Type City Street
Road Surface Type Paved
Roof Asphalt, Composition
Total Parking 3.00
Uncovered Spaces 1.00
View Ocean
Water Source Public
Waterfront Features Across the Road from Lake/Ocean, Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92663

Price
AVG $2.83M
$2.73M
Visits
AVG 113
134
Year Built
AVG 1964
1929
Walkscore
AVG 72
56

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