215 32nd ST Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $1,342
MLS Listing ID CRNP25056815
Style Contemporary
Bedrooms 8
Full Baths 5
Half Baths 2
Year Built 2020
Lot Size 2,352 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Welcome to an exceptionally rare opportunity to own a trophy asset in one of the most coveted locations in Newport Beach - with an up to 4-year Lease Option to Buy and $260K+ annual rental income from day one. Located at the top of the Balboa Peninsula, just steps from the sand, this newly built 2020 duplex is fully furnished and short-term rental ready - complete with two transferable STR permits and a proven income history. Whether you're looking to invest, 1031 exchange, or eventually move in, this property offers low entry, high upside, and total flexibility. The property features two beautifully designed, turnkey units: Rear Unit: 5BR / 3.5BA - Private direct access from the 2-car garage, open-concept kitchen and living, large bonus/media room, and a rooftop deck with stunning ocean, city, and mountain views. Front Unit: 3BR / 2.5BA - A charming beachside retreat with a welcoming front porch on 32nd Street, perfect for indoor-outdoor living and entertaining. Additional features include central AC & heat, 4-car parking (2-car garage + 2-car carport), and high-end finishes throughout. Just a short stroll to the beach, Lido Marina Village, the Bayfront, local boutiques, coffee shops, and top-tier dining. Fast access to PCH and nearby freeways. Whether you'r
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Family Room Separate Family Room
Kitchen Dishwasher,Garbage Disposal,Hood Over Range,Microwave,Other,Exhaust Fan,Oven Range - Gas,Oven Range - Built-In,Refrigerator
Interior
Heating Forced Air
Cooling Central Forced Air - Electric,9
Fireplaces Type None
Laundry Gas Hookup,Other,38
Exterior
Parking Features Carport ,Garage
Garage Spaces 2.0
Pool 31,None
View Hills,City Lights
Building
Story Three or More Stories
Water District - Public
Architectural Style Contemporary
Others
Tax ID 42335317
Special Listing Condition Not Applicable