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$4,400,000
Est. payment /mo
5 Beds
2,431 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP25253083
Bedrooms 5
Lot Size 2,431 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Living large at 207 40th Street. Two units available, sold separately or together, each with a coveted active short-term lodging permit (yes, 2-short term permits) fully transferable to the new owner. Totally remodeled and professionally furnished, this property is ready to enjoy from day one as a getaway, family beach pad, or high income-generating rental. The interior is styled in a coastal urban-chic aesthetic with light wood accents and beach-inspired tones. With a 2-bedroom, 2-bath downstairs unit that is light, bright, and built for the beach lifestyle, including a private primary ensuite and front patio that sets the tone with a built-in bar, al fresco caf window, BBQ, and dining area perfect for gathering after the beach or bay. The Upstairs unit is a 3-bedroom, 2-bath designed with dramatic vaulted ceilings throughout, including a spacious primary suite with private patio. Additional highlights for both units include air conditioning, a private outdoor shower and two tandem parking spaces in the oversized 4-car garage. Everything you need is already here from the furnishings to the beach gear making this an easy, turn-key operation. Located just 11 houses from the sand and 4 houses from the bay in one of Newport Beachs most consistently desirable zones of the Newport Peninsula.
Location
State CA
County Orange
Zoning Public Rec
Direction Balboa Blvd to 40th Street
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 93394019
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Listed by Nicolai Glazer Pacific Sotheby's Int'l Realty
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