111 38th St, Newport Beach, CA 92663

Property Description

3 Houses from the sand!!!!!! Location, location, location. This well maintained large "Oceanair" duplex has been family occupied for over 20 years! The upper unit is a large 4 bedroom, 2 bath that has been updated to reflect a very clean current feel. The lower unit is a 2 bedroom 1 bath which also features recent upgrades to the kitchen with granite counters and stainless steel appliances. The master bath in the lower unit has also been nicely remodeled. There is a large patio in the front with mature pine trees and even a small lawn! This property is situated on a large 3500+ sq. ft. lot and offers 3 car off street parking, a huge plus near the beach. One of the owners has occupied the lower unit since the property was purchased and the upper unit has been used selectively as a weekly rental during the summer months with income potential of well over $7,000/mo in the summer. The upper unit comes fully furnished and ready to rent even down to the bicycles! This is a rare opportunity to obtain a large "Oceanair" so close to the beach that is ready to start bringing income immediately!