$2,050,000
0.07 acres
33.6222 -117.941

4814 Neptune Avenue Newport Beach, CA 92663

$2,050,000
Est. Monthly $10,424 recalculate
0.07 acres
 

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Diamond Bar, CA 91765
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CENTURY 21 CARE
1081 South Grand Ave, Suite A Diamond Bar, CA 91765
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4814 Neptune Avenue
Newport Beach, CA 92663

Explore This Property

Multi-Family (2-4 Units) - Call Dominic Tucci for all details 949-632-2269. Here is the investment at the beach that you have been waiting for! Located a mere 88 steps away from the sand, only two homes separate you from one of Southern California s finest surf beaches. Fortunately situated on a corner lot, this unique property takes full advantage of the additional light and increased exposure to the cool ocean breezes. The property consists of two nearly identical 3 bedroom 2 bath units with vaulted ceilings in the living/dining areas. An attached 2 car garage has 2 sets of laundry machine hook ups for the convenience of your short or long term tenants. While the upper unit has a deck/patio that runs nearly the entire width of the building, the ground floor unit has a lush lawn and mature tree rarely seen in this area. This property is boasting a very solid rental history with professional management in place on top of an attractive cap rate with the potential to make it an even better performer. This is an opportunity for an owner user as well as an investor. Financial performance numbers speak for themselves but this property may be equally attractive as a full time residence with one of the units helping offset the owner s costs. See you at the beach!
MLS # OC17139587
Courtesy Of Villa Real Estate

Property Features

  • Age: Over 50 Years Old
  • Amenities: Lawn, Vaulted Ceiling, Barbecue Area, Sprinkler System, Ceiling Fan
  • Appliances: Barbeque or Grill, Garbage Disposer, Microwave, Oven, Refrigerator
  • Architecture Style: New Traditional
  • Exterior Type: Stucco
  • Floor Covering: Carpet, Tile
  • Heating System: Central Furnace
  • Lot Size: 0.07 Acres
  • Parking Type: Garage, Open
  • Roof Type: Unknown
  • Rooms: Bedroom, Family Room, Kitchen, Living Room, Master Bathroom

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $10,424Your estimated monthly payment
    $410,00020% Down Payment
    $2,050,000 $1,845,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    NEWPORT ELEMENTARY SCHOOL
    Grades PRESCHOOL-6 | Public School

    NEWPORT BEACH, CA 92661
    1327 W BALBOA BLVD
    949-515-6965
    1.7
    miles

    Total Students 500
    Student Teacher Ratio 20:1

    School Rating

    4 stars View School Details
    Middle School
    HORACE ENSIGN INTERMEDIATE SCHOOL
    Grades 7-8 | Public School

    NEWPORT BEACH, CA 92663
    2000 CLIFF DR
    949-515-6910
    1.4
    miles

    Total Students 1200
    Student Teacher Ratio 30:1

    School Rating

    4 stars View School Details
    High School
    NEWPORT HARBOR HIGH SCHOOL
    Grades 9-12 | Public School

    NEWPORT BEACH, CA 92663
    600 IRVINE AVE
    949-515-6300
    1.6
    miles

    Total Students 2380
    Student Teacher Ratio 20:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Pacifica Christian High School-orange County 0.6 mi Private 9-10
    Carden Hall, Inc School 0.7 mi Private PRESCHOOL-8
    Whittier Elementary School 1.2 mi Public K-6
    Newport Heights Elementary School 1.6 mi Public K-6
    Pomona Elementary School 2.0 mi Public K-6
    Harper 2.0 mi Public PRESCHOOL-PRESCHOOL
    John H. Eader Elementary School 2.0 mi Public K-5
    Newport-mesa Adult 2.1 mi Public UNGRADE-UNGRADE
    Victoria Elementary School 2.1 mi Public K-5
    Everett A. Rea Elementary School 2.1 mi Public PRESCHOOL-6
    Mariners Elementary School 2.2 mi Public K-6
    Christ Lutheran School 2.2 mi Private PRESCHOOL-8
    St. Joachim 2.2 mi Catholic PRESCHOOL-8
    Page Private School 2.3 mi Private PRESCHOOL-8
    Wilson Elementary School 2.4 mi Public K-6
    Brethren Christian Junior And Senior High School 2.5 mi Private 6-12
    Woodland Elementary School 2.5 mi Public K-2

    Local Area Information for Newport Beach, CA 92663

    Median Age: 39.1
    Married: 31.9%
    Number of Households: 10,332
    Households with Children: 1,601
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.