1805 Clay Street, Newport Beach, CA 92663

$3,595,000

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List Price
$3,595,000
Price Change
▼ $480,000 1779830799
Status
ACTIVE
MLS#
NP25088084
Year Built
1955
Lot Size
7,266
Acres
0.17
Lot Location
Sprinkler System
Days on Market
454
Property Type
Multifamily
Style
Patio Home
Property Sub Type
Triplex
Stories
One Level
Neighborhood
Newport Heights (Newh)

Property Description

PRICE REDUCED!! We are pleased to present the sale of 1805 Clay Street, a turnkey 3-unit multifamily property situated in the prestigious Newport Heights neighborhood, located in Newport Beach. The property consists of (3) recently renovated 2 bedroom / 1 bathroom units. Two (2) units are currently leased at market rent. Each unit has been highly remodeled boasting a bright modern living space with white shaker cabinets, quartz countertops, vinyl flooring, stainless steel appliances, spa like bathrooms, and large private patios. Each unit has central AC, in-unit laundry, dual pane windows, tankless water heaters, recessed lighting, Ring doorbells, private single car epoxy coated garage space and are conveniently separately metered for gas and electricity. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to parks, top rated schools, beaches, and all the amenities 17th street has to offer!

Additional Information

Appliances
Built-In Range, Dishwasher, Gas Cooktop, Refrigerator
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Composition
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$164,880
Operating Expense
47998

Listing courtesy of Listing Agent: Timothy Carr (tci@timcarrgroup.com) from Listing Office: Pacific Sotheby's Int'l Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.