UPDATED:
11/14/2024 11:08 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $1,750
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC24204441
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1983
Lot Size 3,049 Sqft
Property Description
Live in the main house and rent out the back house! CASA SURF is an extraordinary Modern Cape Cod located in the heart of Newport Beach?s Peninsula. This unique property spans an impressive 4,000 square feet and features TWO STANDALONE side by side homes seamlessly connected by stairs and a catwalk on one large lot.
**Main House:**
- **Size:** 2,700 sqft
- **Layout:** 4 Bedrooms, 4 Bathrooms
- **Highlights:** Spacious, open-concept living areas, gourmet kitchen, luxurious primary suite with a private beach view deck. The front house boasts a cool industrial roll-up glass door that opens up the home to your private front patio.
**Second House:**
- **Size:** 1,300 sqft
- **Layout:** 2 Bedrooms + Loft, 2 Bathrooms
- **Highlights:** Cozy yet modern design, additional living space ideal for guests or extended family, and a versatile loft area.
**Additional Features:**
- **Short-Term Rental Permits:** 2 STR permits
- **Parking:** 4-car garage
- **Furnishing:** Both homes are fully furnished and move-in ready
- **Turnkey Business:** Professionally managed with projected revenue of $275,000 annually
- **Custom Local Art:** Walls adorned with unique local artwork included
- **Outdoor Gear:** Paddle boards and surf gear included
- **Artistic Flair:** Cool custom mural painted by a renowned local artist
- **Prime Location:** Steps to the bay for launching your SUPs and just a block from Tower 44 Beach
- **Outdoor Amenities:** Private outdoor shower between both homes
- **Entertainment Space:** Entertainer's outdoor front patio lounge reminiscent of a beach club vibe in the Hamptons
- **Unique Features:** A cool spiral staircase leads you to the third-floor upper-level bedroom suite with a private bathroom and access to the deck
- **Private Entrances:** Homes have multiple private entrances
- **Rental Flexibility:** The homes can be rented individually or as one home for large groups
This property is more than just a home; it's a lucrative investment opportunity. Whether you're looking for a luxurious family residence, an income-generating property or like the idea of both options to help with the costs, 204 44th Street offers unparalleled potential and value.
Don't miss out on this rare opportunity to own a piece of Newport Beach's finest real estate. For more photos or information please inquire.
Price reflect SFR possibilities.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 1
Interior
Interior Features All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Loft
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Inclusions All Furnishings with the right offer
Fireplace Yes
Laundry In Garage
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Park, Water Sports
View Y/N Yes
View Neighborhood
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Duplex
Story 2
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42329505
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
