126 40th Street
126 40th Street
$2,150,000
5
3
1,936
1,936
$1,111
Closed 11/18/20
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Description
Superior 100 Block location on 40th St! Highly sought-after residential income property just steps to the surf and sand in West Newport on Balboa Peninsula! Welcome to a 3 bedroom 1 bathroom upper unit and a 2 bedroom 1 bathroom lower unit with an additional exterior bathroom and shower. Oversized 2 car garage with shared laundry with extra space for additional parking behind the garage. Current active short term lodging permit with the city, this property will allow you to continue building your...Superior 100 Block location on 40th St! Highly sought-after residential income property just steps to the surf and sand in West Newport on Balboa Peninsula! Welcome to a 3 bedroom 1 bathroom upper unit and a 2 bedroom 1 bathroom lower unit with an additional exterior bathroom and shower. Oversized 2 car garage with shared laundry with extra space for additional parking behind the garage. Current active short term lodging permit with the city, this property will allow you to continue building your vacation rental business and have immediate cash flow. Currently generating approximately $150,000 in gross rents. This property sits on an estimated 25’x 95’ - 2,375sqft lot. Great opportunity for an immediate sand close turn-key vacation rental or the long term vision of new construction in a prime location! Restaurants, cafes, grocery, Lido Village and so much more all within walking distance or a short bike ride. Welcome to 126 40th St, seconds to the beach, close to the boardwalk, hop on a bike ride to the Newport Pier and enjoy everything West Newport has to offer!
- Listed by Nicolai Glazer • DRE #01857997 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty
- Listed by Amelie Mason • DRE #02028221 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty
Property Details for 126 40th Street
Architectural Style
Cottage
ViewNeighborhood
Parking Spaces Total2
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Location
LISTING UPDATED: 11/18/2020 10:58 AM
Property Details for 126 40th Street
Status | Closed |
---|---|
MLS # | NP20197079 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1958 |
Lot Size | 0.05 AC / 2,375 SF |
County | Orange County |
Location
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Building Information for 126 40th Street
Stories2Residences-Year Built1958Building Size-Lot Size0.05 AC / 2,375 SF
Payment Calculator
$13,731 per month
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Property Information for 126 40th Street
Property History for 126 40th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 126 40th Street
Taxable ValueLand$2,132,820Additions$104,040Total$2,236,860
Tax Record2023$23,977 ($1,998 / month)
Home Facts
Total Finished SqFt1,936 SqFtAbove Grade Finished SqFt1,936 SqFtLot Size2,273 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958CountyORANGEAPN423-321-03
Schools near 126 40th Street
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Newport Elementary School PublicK to 6 | ||
Horace Ensign Intermediate School Public7 to 8 | ||
Newport Harbor High School Public9 to 12 | ||
Monte Vista High School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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