Newport Beach, CA 92662 1305 Park Avenue

Sold: Aug 10, 2020
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Presented By: Sharon Kaak with Triple Crown Real Estate;
  • MLS# PW20099525
  • 05/25/2020
  • Request Tour
  • Request Info
  • BedBeds • 1
  • BathBaths • 1
  • GarageGarage • 1

Home Details

Investor Alert! $45,000 PRICE REDUCTION! What better place to invest your money than a high end, high yield location like Newport Beach? This charming, updated beach house has the capability of being a cash cow. It has a prime location on Balboa Island in the heart of the Village. During peak season, it rents for up to $2800/week! It also has over an 85% occupancy rate for a short term rental. Recently rewired, painted and new dual paned windows installed. It is located in the heart of the Village, just a few steps to a myriad of shops and eateries. You are also only a block from the water where you can stroll around the island, watch endless sunsets and catch the boats coming in and out of the harbor. Opportunity is knocking. What are you waiting for? Make sure to look at the virtual tour, also on YouTube!
Presented By: Sharon Kaak with Triple Crown Real Estate;

General for 1305 Park Avenue

Additional Parcels Y/NNo
AppliancesFree-Standing Range
Architectural StyleCottage
Association Y/NNo
Community FeaturesBiking, Curbs, Street Lights, Sidewalks
Construction MaterialsMetal Siding
CoolingNone
ElectricElectricity - On Property
FlooringWood
Garage Spaces1
Garage Y/NYes
HOA Fee$
HeatingWall Furnace
Interior FeaturesBedroom on Main Level
Land Lease Y/NNo
LevelsOne
Listing AgentSharon Kaak - BRE#01337639
Listing AgentSharon Kaak - BRE#01337639
Listing Agent State License01337639
MLS AreaN9 - Lower Newport Bay - Balboa Island
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSingle Family Residence
Property SubTypeSingle Family Residence
Property TypeResidential Income
RoofMetal
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
StatusClosed
Subdivision NameBalboa Island - Main Island (BALM)
TermsCash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit
Total Units1
UtilitiesElectricity Connected
ViewCity Lights
Virtual TourClick here
Water Sewer Expense360

Interior for 1305 Park Avenue

Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesIn Garage
Window FeaturesDouble Pane Windows

Exterior for 1305 Park Avenue

Lot FeaturesLevel, Street Level
Lot Size Acres0.03
Lot Size Area1170
Lot Size SourceAssessor
Lot Size Square Feet1170
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesPublic, Garage Faces Rear
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking1
View Y/NYes
Water SourcePublic
1527188455

First Team Client Services

Price $1,450,000
MLS#PW20099525
List Date 05/25/2020
Property Type Income
Phone 714.964.3311
Request Tour
Request Info
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