Address
212 Garnet Avenue Newport Beach, CA
Price
$ 4,395,000
Property Attributes
  • MLS#OC21270337
  • TypeIncome
  • CountyORANGE
  • CityNewport Beach
  • AreaLower Newport Bay - Balboa Island
  • NeighborhoodBalboa Island - Main Island
  • Zip92662
  • StyleCape Cod
  • Price$ 4,395,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2467
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Georgie Fenton with Coldwell Banker Realty - 208-720-6203
Data Source:
California Regional MLS (CRMLS)
Property Description

FRONT HOUSE: One of Balboa Islands Finest Duplexes, located on one of the quieter streets, this beach close income property offers the investor an extraordinary opportunity. The front house, with three bedrooms and three full baths, bonus area off the roof deck and three full bathrooms, features beamed ceilings and living room fireplace. Home provides a lot of light due to windows and skylights all around. Living room offers Smart Samsung framed picture TV's, built-in's around fireplace. Chef's Kitchen complete with bar stool seating and granite counter tops. main floor bedroom, oversized Master with sunny balcony, a secondary ensuite guest bedroom and a third floor rooftop deck that offers bonus room with closet can be used as fourth sleeping area, office or reading room. Large brick front patio Bay views, perfect for entertaining and family gatherings. BACK UNIT:The Coastal vibe, professionally designed and upgraded Back Unit includes a 2 Br + Loft, upgraded with all the designer touches, fireplace, inside laundry, custom cabinetry, top of line appliances and much more. This special property comes with short term rental license and can be used as large family home or two very productive rental income sources.

Price History
1/4/2022 Listed $4,395,000

General Features

Appliances Built-In Range, Dishwasher, Electric Oven, Gas Cooktop, Gas Range, Microwave, Refrigerator, Water Heater
Architectural Style Cape Cod
Carport Spaces 1
Carport Y/N Yes
Community Features Street Lights, Sidewalks
Cooling None
Exterior Features Awning(s), Rain Gutters
Flooring Carpet, Tile, Wood
Garage Spaces 2
Garage Y/N Yes
Heating Central
Interior Features Beamed Ceilings, Built-in Features, Balcony, Granite Counters, Living Room Deck Attached, Open Floorplan, Bedroom on Main Level
Levels Two
Listing Agent Georgie Fenton - BRE#00990939
Listing Agent State License 00990939
Lot Size Square Feet 2614
MLS Area N9 - Lower Newport Bay - Balboa Island
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Roof Composition
Security Features Smoke Detector(s)
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Stories 2
Subdivision Name Balboa Island - Main Island (BALM)
Terms 1031 Exchange
Total Actual Rent 222000
Total Units 2
Utilities Cable Connected, Electricity Connected
View Bay, Peek-A-Boo

Interior Features

Common Walls 1 Common Wall
Fireplace Features Gas, Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Inside, Upper Level

Exterior Features

Fencing Wood
Foundation Details Slab
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.06
Lot Size Area 2614
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 2
Parking Features Garage
Total Parking 3
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Kitchen
Laundry
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92662

Price
AVG $4.73M
$4.4M
Visits
AVG 15
17
Year Built
AVG 1961
1946
Walkscore
AVG 72
68
Data Provided by Walkscore ® not using MLS data