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306 Coronado Street

Newport Beach, CA 92661
  • $2,999,999
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: SW23143232
UPDATED: 32 min ago
$2,999,999
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Balboa Peninsula (Residential) (Balp)
Type:
Multi-Family
Built:
1938
County:
Orange
Area:
NP - Balboa Peninsula

School Ratings & Info

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Listing Agent(s): Tonia Wright of Homesmart Realty West (760-607-5900)


Description

Location, Location, Location is just one of many benefits to this rare duplex located on Newport Beach peninsula. Hear the waves, enjoy the bay views, sunsets or take a short walk to the fun zone, boardwalk beach and bay. Each 2 bedroom, 3/4 bath unit has recently been remodeled and offers a kitchen, living room and a private patio with separate entrances. Enjoy the opportunity to live among the locals. Earn an income when you live in one unit and rent the other. Both units have rental income history for those who need extra income to qualify. Endless options for new buyers to rent, live or build out the property to make this property your own desired usage with the multiple zoning options. This property is one of a kind and will only be available for a short time. Make your dreams come true and live, work and play in the beautiful city of Newport Beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T00:29:13.817. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142075252
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306 Coronado Street Newport Beach, CA 92661

  • Price: $2,999,999
  • Status: Active
  • On Site: 49 Days
  • Updated: 32 min ago
  • MLS #: SW23143232
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1938
Built
Neighborhood:
Balboa Peninsula (Residential) (Balp)
County:
Orange
Area:
NP - Balboa Peninsula
Property Description
Location, Location, Location is just one of many benefits to this rare duplex located on Newport Beach peninsula. Hear the waves, enjoy the bay views, sunsets or take a short walk to the fun zone, boardwalk beach and bay. Each 2 bedroom, 3/4 bath unit has recently been remodeled and offers a kitchen, living room and a private patio with separate entrances. Enjoy the opportunity to live among the locals. Earn an income when you live in one unit and rent the other. Both units have rental income history for those who need extra income to qualify. Endless options for new buyers to rent, live or build out the property to make this property your own desired usage with the multiple zoning options. This property is one of a kind and will only be available for a short time. Make your dreams come true and live, work and play in the beautiful city of Newport Beach.
Exterior Features

Architectural Style BungalowPatio Home Construction Materials DrywallFrameConcreteStucco Direction Faces Northwest Entry Level 1 Entry Location Front & Side Door Exterior Features BarbecueLightingTv Antenna Fencing Stucco Wall Foundation Details Slab Lot Features Corner LotNear ParkNear Public TransitStreet LevelValue In LandWalkstreet Number Of Separate Electric Meters 1 Parking Features Door-SingleGarageGarage Door OpenerOn Street Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Paved Roof ClayComposition Spa Features None Spa YN No View BayPeek-A-Boo View YN Yes Waterfront Features Across The Road From Lake/OceanBeach AccessOcean Side Of Freeway

Interior Features

Accessibility Features Safe Emergency Egress From Home Appliances Convection OvenDouble OvenDishwasherElectric OvenElectric RangeFree-Standing RangeGas RangeRefrigeratorSelf Cleaning OvenWater To RefrigeratorWater HeaterWater Purifier Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Flooring LaminateWood Heating BaseboardElectricFireplace(S)Natural GasWall Furnace Heating YN Yes Interior Features Built-In FeaturesBalconyCeiling Fan(S)FurnishedPantryRecessed LightingBedroom On Main Level Window Features Shutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsDog ParkFishingHikingStreet LightsSidewalksWater SportsPark Current Financing Conventional Disclosures Beach RightsCoastal ZoneEarthquake Insurance AvailableFlood Insurance RequiredHome WarrantyWater Rights Electric Unknown220 Volts Electric Expense 2400 Exclusions WasherDryer Fuel Expense 2000 Garage YN Yes Gross Income 85000 Gross Scheduled Income 85000 Inclusions DishwasherGarbage DisposalsRefrigerators Insurance Expense 6800 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeTrust Conveyance Net Operating Income 70000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 15000 Possession See Remarks Property Condition Additions/AlterationsRepairs CosmeticUpdated/Remodeled Property Sub Type Single Family Residence Rent Control YN No Security Features Carbon Monoxide Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 1300 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater ConnectedOverhead Utilities Water Sewer Expense 600 Water Source Public Zoning R1R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T00:29:13.817. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Tonia Wright of Homesmart Realty West (760-607-5900)