Opportunity is knocking! This California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter…the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.

Price
$2,950,000.00

Status
Active

Bedrooms
5.00

Bathrooms
3.00

Square Footage
3,193.00

Lot Size
2,178.00

Property Type
Residential

City
Newport Beach

Street Address
128 39th Street

State
CA

Zip Code
92663

Malakai Sparks

1503 SOUTH COAST DRIVE
SUITE 130
COSTA MESA, CA 92626
PHONE: 714-655-1627

Request More Information