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Listed By: Doris Lee Coldwell Banker Residential Brokerage
4 San Joaquin Plz Ste 260, Newport Beach, CA 92660
314 Onyx Avenue
Newport Beach, CA 92662 View On Map
$1,900,000 USD
6 Beds
2 Baths
2 Half Baths

2528 Sq Feet | 235 Sq M

GOOD PRICE REDUCTION!!BRING OFFERS ON RARE BALBOA ISLAND DUPLEX! GREAT LOCATION=1/2 BLOCK TO BEACH, 1 BLOCK TO MARINE AVE. SHOPS. 6BR, 4 BATHS, CAN'T DUPLICATE!FOREVER COVETED BALBOA ISLAND HAS HIGHER APPRECIATION RATES THEN MOST AREAS.HOME + INCOME OR INVESTMENT! Front could bring 60,000 with seasonal and winter rentals. Back brings 29,700 on yearly, Total rents combined =approx 90,000 possible. Currently, annual incomeis near $72,000 with stable month to month tenants..2 -2 story townhouse type units. Front has newly remodeled kitchen with Granite counter tops, new Hickory Oak floors downstairs and large patio.Back has large sundeck.Exterior upgraded with new concrete siding, new double pane windows. BUYER TO CO-OPERATE IN 1031 EXCHANGE @ NO COST TO BUYER.

School
Middle school: Corona Del Mar High School
Elementary school: Lincoln Alternative School
High school: Corona Del Mar High School
School District: NEWPORT MESA UNIFIED SCHOOL DISTRICT

Features

General
  • Special Program: Previews
Outdoor
  • Style: Other Style
Feature
  • Garage Description: No Garage
  • Heating Type: Forced Air
  • Cooling: No A/C
 

Property Summary

MLS/ID#:
NP13199620
Lot Size:
0.06
Property Type:
Single Family Detached
Year Built:
1963
Comprehensive Map View for Newport Beach, CA