MLS® ID: NP19122600

320 Catalina Drive

Newport Beach, California, 92663

$1,649,000 Active
  • - SQFT
Lowest priced R2 duplex in Newport! Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses. Build 2 homes on this RARE street to street lot, or keep the large Duplex that currently exists. The R-2 zoned lot stretches from Catalina Drive up to La Jolla Drive. The existing Duplex has (2) 3 bedroom, 2 bath homes with a 3 car garage and large yard. The duplex is currently occupied on month to month leases with good rental income, until ready to build. Located in the coveted Newport Heights community and walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.(check with the City of Newport Beach). This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. This home is priced to sell, do not miss out. Agent is part owner. Buyer to verify Square footage.
Read More

Listing courtesy of Seaside Realty and Investment

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    92663
  • Office name
    Seaside Realty and Investment
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Duplex
  • Year built
    1973
  • Lot size
    6534.00
  • Sewer
    Public Sewer
  • Tax year
    0
  • Agent name
    Antony Shaw
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $1.5m-$1.75m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    U6328
  • Agent ID
    U19753

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info