4386 NEWPORT AVE, San Diego, CA 92107

Property Description

This 2022 contemporary ocean-view property has 2 houses and is offered fully-furnished & turnkey! Perched high on the OB crest, enjoy panoramic views, a tranquil coastal lifestyle and fast in/out access without beach congestion! Boasts a 4BR/3.5BA Main House, breathtaking rooftop deck (1200 sq ft not included in listing), high ceilings, luxury upgrades, 2-car garage, solar & a 1BR/1BA detached Guest House/ADU - perfect for home office, rental income or multigenerational accommodations! A bargain vs La Jolla! Both the 3463 sq ft Main House and 592 sq ft Guest House/ADU are completely furnished with all items to occupy on day one, or to rent as fully-furnished immediately, which represents a significant saving in cost and time. Each house has separate utilities, parking and private entrances, so owner can occupy the main house and rent the ADU or vice-versa, or keep as an entire second property and generate dual rental income in the meantime. Most of the furnishings are brand new or lightly used. Tremendous location near the OB crest, with wonderful coastal climate, highly-rated schools and only minutes to the sand and dining, without beach traffic, and central fast access to Hwy-8, I-5, downtown, Gaslamp, Petco Park, Old Town, Mission Bay and most things San Diego. This elevated position also yields 300-degree rooftop views of Pacific Beach, La Jolla, Mission Beach, Seaworld and even USD. As a newer property, it adheres to modern quality building standards and has nearly-new appliances, luxury upgrades and wonderful finishes, thus helping insure longevity and lasting enjoyment. Notice 11.5’ tall ceilings, 6’-wide front door, quartz countertops, waterfall sides, viking appliances, frameless shower enclosures, wavy wall tile, soaking tubs, backlit mirrors, elegant European hardwood flooring and oversized master closet. Plus, tankless water heaters, huge laundry room, 3-zone AC, artificial turf yard and owned solar system. For those with wheelchairs, the guest house private entrance is accessible from the back alley without stairs and without entering the main house. Coastal properties are among the most resilient and desirable assets but this unique estate has special growth and income potential/flexibility. In summary, this pristine property is unique with stunning views, beach climate, wonderful entertaining features, incredible finishes, great central location and offers multi-generational living along with income upside.