212 42nd Street
Newport Beach, CA 92663
1236 sqft | 2 beds | 2 baths | 0.06 acres | #OC25063841
Description
ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!
Property Details
- SubdivisionWest Newport Beach (WSNB)
- School DistrictNewport Mesa Unified
- Lot DescriptionZeroToOneUnitAcre
- InteriorAllBedroomsDown
- Sewer InformationPublicSewer
- Original List Price$2,799,000
- MLS #OC25063841
- MLS #OC25063841
- Property TypePurchase
- Cost2799000
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- Structure TypeDuplex
- Acres0.058
- Square Feet1236
- Year Built1933
- Bedrooms2
- Bathrooms2
- Full Baths2
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Sina Oveissi (#OCOVEISIN)
Listing Office: Pointe Real Estate Inc. (#OC12496)
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