First Team Real Estate Logo

Newport Beach, CA 92663 4005 Seashore

$11,695,000

4005 Seashore Newport Beach, Ca - Image 14005 Seashore Newport Beach, Ca - Image 24005 Seashore Newport Beach, Ca - Image 3
23 more
4005 Seashore Newport Beach, Ca - Image 44005 Seashore Newport Beach, Ca - Image 54005 Seashore Newport Beach, Ca - Image 64005 Seashore Newport Beach, Ca - Image 74005 Seashore Newport Beach, Ca - Image 84005 Seashore Newport Beach, Ca - Image 94005 Seashore Newport Beach, Ca - Image 104005 Seashore Newport Beach, Ca - Image 114005 Seashore Newport Beach, Ca - Image 124005 Seashore Newport Beach, Ca - Image 134005 Seashore Newport Beach, Ca - Image 144005 Seashore Newport Beach, Ca - Image 154005 Seashore Newport Beach, Ca - Image 164005 Seashore Newport Beach, Ca - Image 174005 Seashore Newport Beach, Ca - Image 184005 Seashore Newport Beach, Ca - Image 194005 Seashore Newport Beach, Ca - Image 204005 Seashore Newport Beach, Ca - Image 214005 Seashore Newport Beach, Ca - Image 224005 Seashore Newport Beach, Ca - Image 234005 Seashore Newport Beach, Ca - Image 244005 Seashore Newport Beach, Ca - Image 254005 Seashore Newport Beach, Ca - Image 264005 Seashore Newport Beach, Ca - Image 27
Presented By: Tara McNabb with Compass; taralmcnabb@icloud.com
  • MLS# OC24076294
  • 04/18/2024
  • Request Tour
  • Request Info
  • BedBeds • 5
  • BathBaths • 3
  • FootageSQFT • 3,032
  • GarageGarage • 2

Home Details

Featuring TWO highly coveted SHORT TERM RENTAL PERMITS, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five bedrooms and 3 baths. Guests will enjoy walking out to a large beachfront patio downstairs and a spacious ocean-view deck on the top floor. Both units are open and bright, and they showcase upgrades including wood-look wide-plank tile flooring, crown molding and granite bath surrounds. Fashionable kitchens display quartz countertops, peninsulas with waterfall-style edges, stainless steel appliances and white Shaker cabinetry. Property also comes with coastal approved plans for a third floor roof deck addition. The duplex’s outstanding location is destined to be a big attraction for short-term renters. Not only is it directly on the sand, it is close to Lido Marina Village, Fashion Island, golf, parks and world-famous surf spots.
Presented By: Tara McNabb with Compass; taralmcnabb@icloud.com

Interior Features for 4005 Seashore

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Laundry FeaturesInGarage
Total Stories2

Other Rooms

Entry Level1

General for 4005 Seashore

AccessibilityParking
Additional Parcels Y/NNo
AppliancesGasRange, Refrigerator
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate2.57
Carport Y/NNo
CityNewport Beach
Community FeaturesWaterSports
CoolingNone
CountyOrange
Days on Market13
Directions40th to Seashore
Electric Expense7600.0
Entry Location1
Fuel Expense800.0
Garage Spaces2.0
Garage Y/NYes
Gross Income550000.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet2490.0
MLS AreaNP - Balboa Peninsula
MaintenanceExpense6000.0
MobileHomeRemainsYNNo
Net Operating Income300000.0
New ConstructionNo
Open Parking Spaces1.0
Operating Expense250000.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameSeashore
Subdivision NameBalboa Peninsula (Commercial) (BPCD)
Tax Lot3
Taxes$117,000
Total Units2
Trash Expense600.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense1800.0
Waterfront FeaturesBeachAccess, BeachFront, OceanAccess, OceanFront
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor

Exterior for 4005 Seashore

Building Area Total3032.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.0572
Lot Size Area2490.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $11,695,000
MLS#OC24076294
List Date 04/18/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 4005 Seashore

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors