CA > Newport Beach > West Newport Beach (Wsnb)
Newport Beach, CA 92663,212 42nd ST
Newport Beach, CA 92663,212 42nd ST
Newport Beach, CA 92663,212 42nd ST
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$2,799,000
Est. payment /mo
2 Beds
2 Baths
1,236 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,236 sqft

Price per Sqft $2,264

Subdivision West Newport Beach (Wsnb)

MLS Listing ID OC25063841

Bedrooms 2

Full Baths 2

Construction Status Fixer

HOA Y/N No

Year Built 1933

Lot Size 2,526 Sqft

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking, Dog Park, Sidewalks, Water Sports

View Y/N Yes

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42330501

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sina Oveissi • Pointe Real Estate Inc. • 949-624-2600
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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