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1544 Placentia Avenue, Newport Beach, CA 92663 (MLS # OC18141334)

Price $11,500,000
Status Active
Beds 0
Baths 0 bath
Home size 20,823 sq ft
Lot Size 38,333 sqft
Days on Market 9
Newport Seaside Apartments is a 25-unit multifamily investment property located in Newport Beach, one of the premiere coastal housing markets in Southern California. Built in 1987, Newport Seaside Apartments offers investors the opportunity to capitalize on the unique characteristics of Newport Beach to increase rental income by approximately 76 percent. Situated on a 0.82-acre lot, the 20,823 square foot property consists of two-bedroom and three-bedroom floor plans averaging over 830 square feet. Newport Seaside Apartments offers an attractive of amenities including on-site laundry, carport parking, balconies, and a playground.
Property Type(s): Residential Income
Last Updated 6/14/2018 Tract Other (OTHR)
Year Built 1987 Community N8 - West Newport - Lido
County Orange

Additional Details

AREA N8 - West Newport - Lido
HEAT Central Furnace
HOA DUES 0.00
LOT 0.88 acre(s)
LOT DESCRIPTION Landscaped
POOL DESCRIPTION None
STORIES 2
SUBDIVISION Other (OTHR)
UTILITIES Public;
WATER Public
ZONING R3

Location

 

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Listing provided by : Tyler Leeson CalBRE:01451551, Marcus & Millichap RE Invest

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/21/18 7:24 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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