204 44th Street, Newport Beach, CA 92663
  • MLS#: OC24204441 ( Duplex )
  • Street Address: 204 44th Street
  • Viewed: 6
  • Price: $6,299,000
  • Price sqft: $1,575
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 4000
  • Bedrooms: 6
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 4
  • Days On Market: 168
  • Additional Information
  • County: ORANGE
  • City: Newport Beach
  • Zipcode: 92663
  • Subdivision: Balboa Peninsula (residential)
  • District: Newport Mesa Unified
  • Provided by: Compass
  • Contact: Khan Khan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Investor alert**two side by side stand alone modern cape cod homes with 2 highly coveted transferable short term rental permits* the wait list on these permits are long. Currently there are over 600 applicants on the list and people have waited for years and may not even get one. We have two. There are some areas that are not zoned for short term rentals so if you own in those areas, you will not be able to get a permit. **main house:** **size:** 2,700 sqft **layout:** 4 bedrooms, 4 bathrooms **highlights:** spacious, open concept living areas, gourmet kitchen, luxurious primary suite with a private beach view deck. The front house boasts a cool industrial roll up glass door that opens up the home to your private front patio. **second house:** **size:** 1,300 sqft **layout:** 2 bedrooms + loft, 2 bathrooms **highlights:** cozy yet modern design, additional living space ideal for guests or extended family, and a versatile loft area. **additional features:** **short term rental permits:** 2 transferable str permits. Waits for permits as long as 3 years. **parking:** 4 car garage **furnishing:** both homes are fully furnished and move in ready **turnkey business:** professionally managed with projected revenue of $275,000 annually **custom local art:** walls adorned with unique local artwork included **outdoor gear:** paddle boards and surf gear included **artistic flair:** cool custom mural painted by a renowned local artist **prime location:** steps to the bay for launching your sups and just a block from tower 44 beach **outdoor amenities:** private outdoor shower between both homes **entertainment space:** entertainer's outdoor front patio lounge reminiscent of a beach club vibe in the hamptons **unique features:** a spiral staircase leads you to the third floor upper level bedroom suite with a private bathroom and access to the outdoor deck **private entrances:** homes have multiple private entrances **rental flexibility:** the homes can be rented individually or as one home for large groups this property is more than just a home; it's a lucrative investment opportunity, professionally managed. An investor packet detailing the breakdown of revenue and expenses is available. Whether you're looking for a luxurious family residence, an income generating property or both, 204 44th street offers unparalleled potential and value.
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Features
Assessments
  1. None
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 116
Entry Location
  1. North
Fireplace Features
  1. Living Room
Garage Spaces
  1. 4.00
Heating
  1. Central
Inclusions
  1. All Furnishings with the right offer
Laundry Features
  1. In Garage
Levels
  1. Three Or More
Living Area Source
  1. Seller
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Parcel Number
  1. 42329505
Pool Features
  1. None
Postalcodeplus4
  1. 2501
Property Type
  1. Duplex
School District
  1. Newport Mesa Unified
Sewer
  1. Public Sewer
Subdivision Name Other
  1. Balboa Peninsula (Residential) (BALP)
View
  1. Neighborhood
Water Source
  1. Public
Year Built
  1. 1983
Year Built Source
  1. Public Records