205 42nd Street
205 42nd Street
$1,670,000
4
2
1,552
1,552
$1,076
Closed 10/30/20
Description
This Newport Beach Peninsula Property and 'A' Location Duplex is located in the high demand rental area of Newport Beach. The asset consists of 100% two bedroom units located on a corner lot, across from the street from the ocean. The front unit on the main floor is nearly 900 sq ft and includes a spacious, private front patio area that’s ideal for entertaining. The top unit features a private balcony, provides some ocean views and sprawls out at nearly 700 sq ft. The property has 1 two-car garage,...This Newport Beach Peninsula Property and 'A' Location Duplex is located in the high demand rental area of Newport Beach. The asset consists of 100% two bedroom units located on a corner lot, across from the street from the ocean. The front unit on the main floor is nearly 900 sq ft and includes a spacious, private front patio area that’s ideal for entertaining. The top unit features a private balcony, provides some ocean views and sprawls out at nearly 700 sq ft. The property has 1 two-car garage, where there are washer and dryer hookups for the tenants and the property is separately metered for gas and electric. Largely in part of the tenant profile, the property has been very well maintained and consequently shows very well. One Unit was built in 1947, and the other unit was added in 2002. This property is in an excellent central Newport Beach location. 42nd St is located in the ideal location on the Newport Beach Peninsula. Since the property is located on the other side of Balboa Boulevard, tenants can easily enjoy the proximity of the beach without any of the commotion. Given the strength of the overall apartment market within the city of Newport Beach, the property offers an investor the ability to capture quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities. Rents are below market.
- Listed by Mark Bridge • DRE #01316702 • Brokerage DRE #01316702 • Mark Bridge, Broker
Property Details for 205 42nd Street
View
Ocean
Parking Spaces Total2
Private PoolNo
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1552
Assessor Parcel Number423-296-08
Location
LISTING UPDATED: 10/30/2020 01:21 AM
Property Details for 205 42nd Street
Status | Closed |
---|---|
MLS # | OC20169375 |
Days on Market | 54 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
Lot Size | 0.06 AC / 2,613 SF |
County | Orange County |
Location
Building Information for 205 42nd Street
Stories2Residences-Year Built1947Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$10,676 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 205 42nd Street
Property History for 205 42nd 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 205 42nd Street
Taxable ValueLand$1,560,600Additions$176,868Total$1,737,468
Tax Record2023$18,742 ($1,562 / month)
Home Facts
Beds2Total Finished SqFt675 SqFtAbove Grade Finished SqFt675 SqFtLot Size2,430 SqFtStyleSingle Family ResidenceYear Built1947CountyORANGEAPN423-296-08
Schools near 205 42nd 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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