5901 Seashore Drive, Newport Beach, CA 92663

List Price
$10,400,000
Price Change
▼ $500,000 1757637972
Status
ACTIVE
MLS#
SB25186431
Year Built
1965
Lot Size
2,700
Acres
0.06
Lot Location
Corner Lot, Rectangular Lot
Days on Market
30
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

ONE OF ONLY 2 OF THE FINEST OCEAN FRONT CORNERS IN WEST NEWPORT, PROVIDES ALL DAY SUN FROM THE LARGEST LOT ON QUIET, UNCROWDED WHITE SAND NON-BOARDWALK BEACH, WITH NO HOUSES IN BACK AND SPECTACULAR PANORAMIC OCEAN/COASTLINE VIEWS FROM THE NEWPORT PIER TO PT. FERMIN IN FRONT. IMPROVED WITH 2 OCEAN FRONT MID-CENTURY NATURAL LIGHT FILLED CONTEMPORARY UNITS (CAN'T BE DUPLICATED). UPPER: 3 BEDROOMS, 1-3/4 BATHS, FAMILY ROOM, LARGE DECK, BREATHTAKING VIEWS; KITCHEN, BATH REMODELS NOT COMPLETED; PROFORMA $13,000/MO, LOWER: 3 BEDROOMS, 1-3/4 BATHS FRONT PATIO/YARD, OCEAN VIEWS.TENANT OCCUPIED, $6,675/MO., 3 CAR GARAGE (CAN'T BE DUPLICATED), AND 3/4 BEACH BATH. POTENTIAL: COMPLETE UPPER UNIT KITCHEN, BATH RENOVATIONS, ENJOY AS IS. RENOVATE FOR USE AS A DUPLEX OR A SINGLE-FAMILY RESIDENCE WITH ADU. CREATE A WORLD-CLASS HOME WITH ADU ON THE "FRONT ROW" WITH EASY ACCESS TO ALL THE WONDERFUL EXPERIENCES THAT NEWPORT BEACH HAS TO OFFER.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air
Cooling Description
None
View
Catalina, Coastline, Ocean, Panoramic, Pier
Roof
Flat
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Main Level Primary
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$80,000
Operating Expense
12

Listing courtesy of Listing Agent: Robert Schumann (realestatewest@verizon.net) from Listing Office: Real Estate West, Inc..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
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.