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    209 David Drive , A-C

    Newport Beach, CA 92663
    • $2,249,000
    • STATUS: Active Under Contract
    • ON SITE: 34 days
    • ID#: OC21138666
    Under Contract
    UPDATED: 19 min ago
    $2,249,000
    • 6
      BEDS
    • 0.07
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,178
      SQFT
    • $1,033
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1976
    County:

    School Ratings & Info

    School District:

    Description

    Three unit Coastal income property opportunity. Ideally located directly adjacent to Newport Shores, only a few hundred yards from the Pacific Ocean and the sandy beaches of Newport. This unique property was a duplex that has been converted into 2 condominiums with 2 separate APNs. In addition, there is a bonus space on the lower level with a separate entrance, kitchenette and bathroom. The property currently generates monthly income of $9,150. The upstairs unit, known as "Unit B", was renovated down to the studs in 2012 and offers 3 bedrooms and 2 bathrooms along with a spacious front and back deck with views of the canal and wetlands. Upgrades include vaulted ceilings with great natural light, Carrara marble countertops, a large kitchen island, marble bathroom tile, recessed lighting, whole house audio system, new insulation, new HVAC and new plumbing throughout. The downstairs unit, known as "Unit A, was extensively renovated and has 2 bedrooms and 2 bathrooms with a private patio with built-in BBQ. Upgrades include large granite kitchen island, custom cabinetry, wood floors, recessed lighting, wood shutters, stainless steel appliances, and custom closets. The bonus additional downstairs space, known as "Unit C and which is part of Unit B, is a studio with full kitchenette and private bathroom. The property also has leased Tesla solar panels. Each unit has its own washer and dryer. There are 2 garage spots and a carport. As of May 2021, the adjacent 401 acres of Banning Ranch are under contract to be purchased by "The Trust for Public Land" which intends on turning the ranch into a public park. PLEASE DO NOT DISTURB THE TENANTS!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T09:25:13.24. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
    www.century21jordanlink.com/homes/118811878
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    209 David Drive , A-C Newport Beach, CA 92663

    • Price: $2,249,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: OC21138666
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,178
    SQFT
    $1,033
    $/SQFT
    1976
    Built
    Neighborhood:
    Newport Shores (News)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    School District:
    Newport Mesa Unified
    Property Description
    Three unit Coastal income property opportunity. Ideally located directly adjacent to Newport Shores, only a few hundred yards from the Pacific Ocean and the sandy beaches of Newport. This unique property was a duplex that has been converted into 2 condominiums with 2 separate APNs. In addition, there is a bonus space on the lower level with a separate entrance, kitchenette and bathroom. The property currently generates monthly income of $9,150. The upstairs unit, known as "Unit B", was renovated down to the studs in 2012 and offers 3 bedrooms and 2 bathrooms along with a spacious front and back deck with views of the canal and wetlands. Upgrades include vaulted ceilings with great natural light, Carrara marble countertops, a large kitchen island, marble bathroom tile, recessed lighting, whole house audio system, new insulation, new HVAC and new plumbing throughout. The downstairs unit, known as "Unit A, was extensively renovated and has 2 bedrooms and 2 bathrooms with a private patio with built-in BBQ. Upgrades include large granite kitchen island, custom cabinetry, wood floors, recessed lighting, wood shutters, stainless steel appliances, and custom closets. The bonus additional downstairs space, known as "Unit C and which is part of Unit B, is a studio with full kitchenette and private bathroom. The property also has leased Tesla solar panels. Each unit has its own washer and dryer. There are 2 garage spots and a carport. As of May 2021, the adjacent 401 acres of Banning Ranch are under contract to be purchased by "The Trust for Public Land" which intends on turning the ranch into a public park. PLEASE DO NOT DISTURB THE TENANTS!
    Exterior Features

    Attached Garage YN 1 Lot Features PavedRectangular Lot Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Sign On Property YN No View Back BayCanalPeek-A-Boo View YN Yes

    Interior Features

    Accessibility Features Parking Appliances BarbecueDishwasherMicrowaveRefrigeratorDryerWasher Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features Beamed CeilingsCeiling Fan(S)Granite CountersHigh CeilingsLiving Room Deck AttachedOpen FloorplanBedroom On Main LevelWalk-In Closet(S) Main Level Bathrooms 5 Main Level Bedrooms 6

    Property Features

    Additional Parcels YN Yes Association Amenities Other Association Fee 0 Association YN No Common Interest Condominium Community Features BikingWater Sports Garage YN Yes Land Lease YN No Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeSubmit New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public

    Listing provided courtesy of Carter Kaufman of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T09:25:13.24. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
     
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