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1900 Coral Place
Newport Beach, CA 92663

Multi Family Home
8276 sq ft - MLS# NP13242132
Property Photo

Sold

Sold on Dec 1, 2014

Description

Investors? welcome home to Newport Beach and to one of the most sought after communities in the city, Cliff Haven! The property is a Triplex and features two units of 2 bedrooms and 1 bathroom and one unit of 3 bedrooms and 2 bathrooms. The property is the classic Mid-Century Bungalow design, and features what many would consider a nearly complete rebuild of the structure, systems, and sub-systems. Each unit has been finished with architectural details, designer upgrades and custom features throughout. Your tenants will enjoy and appreciate (and gladly pay for) individual inside laundry, Tankless water heaters, individual yards, and garage parking. The location is fantastic; you are close to all the things that make Cliff Haven so attractive to tenants. You can walk to parks, schools and the harbor, or bike to the beach and the back bay. So come invest in Cliff Haven and start to enjoy the benefits of owning income property in Newport Beach today.

Features

  • Actual Rent Total: 6920.00
  • Agent License Number: 00783792
  • Builders Tract Code: CLIFFHAVEN (CLIF)
  • Builders Tract Name: CLIFFHAVEN (CLIF)
  • Common Walls: Detached/No Common Walls
  • Cooling Type: Central A/C
  • Entry Location: Ground Level - no steps
  • Expense Gardener: 1115.00
  • Expense Maintenance: 1311.00
  • Expense Operating: 15142.00
  • Expense Other: 195.00
  • Expense Other Description: Placment
  • Expense Supplies: 32.00
  • Expense Total Annual: 27242.00
  • Expense Water: 1390.00
  • Fence: Block Wall
  • Floor Material: Hardwood
  • Garage Spaces Total: 3.0
  • Gross Operating Income: 78300.00
  • Gross Rent Multiplier: 20.40
  • Gross Scheduled Income: 78300.00
  • Heating Type: Central Furnace, Wall Heater
  • Interior Features: Turnkey
  • Laundry Locations: Laundry in Closet, Inside
  • Levels: Two Level
  • Lot Description: Curbs
  • Lot Size SQ FT: 8276
  • Lot Size Source: Public Records
  • Net Operating Income: 63158.00
  • Number Dishwasher: 3
  • Number Disposal: 3
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of Buildings: 1
  • Number Patio: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Water Meters: 1
  • Open Other Spaces Total: 5
  • Parking Type: Assigned
  • Price Per Sqft: $463
  • Sewer: In Street (N), In Street (N), In Street (N)
  • Status: Active
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Monthly Rent01: 2025.00
  • Unit Monthly Rent02: 1895.00
  • Unit Monthly Rent03: 3000.00
  • Unit Number Of Bath01: 1.0
  • Unit Number Of Bath02: 1.0
  • Unit Number Of Bath03: 2.0
  • Unit Number Of Bed01: 2
  • Unit Number Of Bed02: 2
  • Unit Number Of Bed03: 3
  • Units In Complex: 3
  • Water: Public, Water District
  • Fireplace: Living Room, Fireplace
  • Parking Spaces: 5
  • Style: Calif Bungalow
  • Stories: 2
  • Year Built: 1955
  • View: Peek-A-Boo View, View

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Patrick Bartolic
CalRE No. 00783792
T: 949.463.6328
Email: patrick@bartolicteam.com


Tony Bartolic
CalRE No. 01193486
T: 949.463.6329
Email: tony@bartolicteam.com
 

Erin Bartolic
CalRE No. 02043980
T: 707.803.3293
Email: erin@bartolicteam.com

Lauren Disberger
CalRE No. 02061372
T: 949.981.9575
Email: lauren@bartolicteam.com


Coldwell Banker Residential Brokerage

    

 

 

Bartolic & Bartolic • CalRE #01193486 | Coldwell Banker Residential Brokerage | 201 Marine Avenue, Balboa Island, CA 92662

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