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Listing 12 out of 13
$3,500,000 For Sale

916 E Oceanfront
Newport Beach, CA 92661

2 units | Multi Family Home
2614 sq ft - MLS# NP18286968
Property Photo
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Description

OCEANFRONT 2 UNIT APARTMENT PROPERTY WITH TWO 3 BEDROOM 2 BATH UNITS. RENTED BY WEEK, MONTH OR YEAR. MANAGED BY WHITESAIL REALTY. TOMMY BAHAMA STYLE FURNISHED UNITS WITH OCEAN VIEWS, PATIOS AND BBQS. VERY GOOD UPSIDE FOR HANDS ON OWNER. MUST BE PURCHASED ALONG WITH CONTIGUOUS DUPLEX AT 919 E BALBOA ($2,250,000) ALSO TWO 3 BEDROOM 2 BATH UNITS WHICH SHARES AN EASEMENT FOR FUTURE ALLEY. SEE AERIAL PHOTOS AND SUPPLEMENTS. KEEP ONE FOR USE BY OWNER AND RENT OUT THE OTHERS. BUYER TO VERIFY ALL SQUARE FOOT AND INCOME/EXPENSE INFORMATION. BUYER TO COOPERATE IN 1031 EXCHANGE AT NO COST TO BUYER.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92661
  • Year Built: 1972
  • Subdivision/Neighborhood: Balboa Peninsula (Residential) (Balp)
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 2.00
  • Lot Size: 2614 sq ft
  • View: Ocean,Park Or Green Belt, Yes
  • Waterfront: Beach Front,Ocean Access,Ocean Front
  • Area: NP - Balboa Peninsula
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2597.00
  • Building Area Units: Square Feet
  • Carport Spaces: 2.00
  • Community Features: Sidewalks
  • Country: US
  • Directions: Balboa Blvd
  • Gross Income: 135000.00
  • Gross Scheduled Income: 135000.00
  • Heating: Central Furnace
  • Heating YN: Yes
  • Interior Features: Ceiling Fan
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01428911
  • Listing Office License: 01778230
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 2614.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 90000.00
  • Number Of Buildings: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 45000.00
  • Other Income Description: BUYER TO VERIFY
  • Parking Features: Carport
  • Parking YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 92000.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Surterre Properties Inc., Kathy Fallon

Agent Mary Lou Skowronski
Mary Lou Skowronski DRE: 01398486 / Broker DRE: 01317331
Berkshire Hathaway HomeServices California Properties
1400 Newport Center Drive, #200 - Newport Beach, CA 92660

© “2018” BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate,and a franchisee of  BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of  America, Inc.® Equal Housing Opportunity. Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC.  BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property,  Information obtained from various sources and will not be verified by broker or MLS. 

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Designations Ranks Agent Mary Lou Skowronski in the
Top 7% of Realtors Nationwide!
NABPOP BPO Certified Property Valuator, CPRES Certified Probate/Trust Real Estate Specialist, Investor Certified Realtor, ePRO – Internet Marketing Professional, 
Luxury Property Specialist, AREAA – Asian Real Estate Association of America, Designer and Accredited Home Staging Specialist,
REO and Short Sale Specialist, PSC Mastery HAFA Foreclosure Prevention Counselor

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