421 38th Street, Newport Beach, CA 92663

$2,995,000
2,700
SqFt
List Price
$2,995,000
Status
ACTIVE
MLS#
NP20221769
Year Built
1968
Living Sq. Ft
2,700
Lot Size
2,831
Acres
0.065
Lot Location
Corner Lot
Days on Market
48
Property Type
Multifamily
Stories
Two Levels
Builders Tract Code
Newport Island (NEWI)
Neighborhood
Newport Island (Newi)

Property Description

Exceptionally rare on the peninsula, this luxuriously upgraded and remodeled duplex on Newport Beach’s exclusive Newport Island offers gorgeous channel views and a grand total of 7 bedrooms and 4 baths. A mooring for an 18' boat is just across the street from the prime interior-corner property, where new double French doors introduce a lower residence with 4 bedrooms, 2 baths, new porcelain woodgrain plank tile flooring, fresh paint, new designer hardware, a new interior laundry space, and complete repiping to the sewer. Upstairs, 3 bedrooms and 2 baths await in a chic setting with a covered patio, and a new Viking refrigerator in the kitchen. Both units are open and bright, with scenic views and fresh sea breezes complementing living areas that showcase elegant fireplaces, remodeled baths, designer kitchens with slab granite countertops, crown molding, upgraded window treatments, and master suites with walk-in closets. Enjoy outdoor relaxation and entertaining on a spacious front patio and a spacious upper terrace, all complemented by classic Cape Cod-inspired architecture. Newport Island Park is just down the block, and miles of beaches, Balboa Island, piers, restaurants, shops and recreation are minutes away.

Additional Information

Tract Number
164
Lot Description
Watersports
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$112,800
Unit One Total Units
1
Unit One Beds
4
Unit One Baths
2
Unit One Garage Spaces
2.00
Unit One Pro Forma
4900
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
3
Unit Two Baths
2
Unit Two Garage Spaces
1.00
Unit Two Actual Rent
4200.00
Unit Two Total Rent
4200.00
Unit Two Pro Forma
4500
Unit Two Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Christopher Parr from Douglas Elliman Of California,

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.