Sold

5102 Neptune Avenue

Newport Beach CA, 92663

$3,150,000


$1,024.39 per sqft

Sold

6 Beds

4 Baths

3,075 sqft

Residential

Built in 1973

Listed by Shane Dailey with Cal Mutual Inc 323-821-8323

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.

23252781

MLS ID

March 21, 2023

Listed

March 23, 2024

Updated

Map

5102 Neptune Avenue
Newport Beach CA, 92663

Interior Features

Total Stories

2


Bedrooms

6 Beds


Bathrooms

4 Baths


Interior Features

Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan


Appliances

Refrigerator


Laundry Description

In Garage


Floor Description

Carpet, Laminate, Tile


Fireplace

Yes


Fireplace Description

Living Room, Primary Bedroom


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.07 Acres


Architectual Style

Traditional


Sewer

Other

Other Property Details

Area Name

N8 - West Newport - Lido


Days on Market

199


Garage

Yes


Garage Spaces

4


Parking

Driveway


Parking Total

7


View

Yes


View Description

Ocean, Peek-A-Boo


County

Orange


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

11/22/2023

Price Change

$3,150,000

-6%

11/22/2023

Sold

$3,150,000

10/6/2023

Pending

4/24/2023

Price Change

$3,350,000

-5%

Listing Contact: 323-821-8323 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:31 AM UTC

 

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