330 Saint Andrews Rd, Newport Beach, CA 92663

Property Description

ACTIVELY SEEKING BACKUP OFFERS!!!!! PRICED DROPPED!!!Opportunity is knocking in Newport Heights! This R-2 zoned home in the coveted Cliffhaven community within Newport Heights is a great opportunity for home buyers and investors alike. This is a great opportunity to own and live in the beach cottage main house and offset your mortgage by renting out the above garage apartment $$. Or flip it? The options are endless. Homes in this neighborhood sell up to the $4 million dollar range. price for a family to. For the savvy investor, this is also a great 1031 exchange opportunity in an area that yeilds high rental income. The main house is an adorable beach cottage with 3 Bedrooms, 1 Bath extra large family room, and 4 car attached garage. Garage has 12 foot ceilings and can accommodate up to 4 auto lifts for an 8 car garage or a 38' RV. This home is a perfect FIXER!
 Apartment over the garage was added in 1981 with the expansion of the original home. Garage Apartment is approximately 1000 SF, 1 bedroom/1bath/living/dining and laundry areas/ and small oceanview. This apartment yields high rental income. Additionally, there is an office (glass box) 140 SF in back yard. This home rests amongst great schools including Ensign Middle School whose field is directly across the treelined street. The ownership opportunities are endless; centrally located between beaches, the harbor, shopping, dining and the airport, all well below market value. This home is priced to sell, do not miss out!