900 E Oceanfront Newport Beach, CA, 92661
$ 7,999,000Bedrooms Baths0.0
for $7,999,000. This apartment was built in 1971 on a lot size of 0.1500 Acre(s).
OCEANFRONT 6 UNIT APARTMENT, EACH UNIT IS 2 BEDROOM 2 BATH. REMODELED IN TOMMY BAHAMA BEACH STYLE ALL FURNISHED. RENTED WEEKLY, MONTHLY OR YEARLY BY WHITESAIL MANAGEMENT. TENANTS PAY SET FEE FOR UTILITIES. VERY GOOD UPSIDE IN RENTAL INCOME. PARKING 1 SPACE PER UNIT. ON SITE LAUNDRY. RARE OPPORTUNITY TO OWN OCEANFRONT RENTAL PROPERTY IN NEWPORT BEACH.BUYER TO VERIFY ALL SQUARE FOOTAGE AND INCOME/EXPENSE INFORMATION. BUYER TO COOPERATE IN 1031 EXCHANGE AT NO COST TO BUYER.SEE SUPPLEMENTS FOR P&L.SAME OWNER WILL SELL 916 E. OCEANFRONT AND 919 E. BALBOA BOTH ARE 3 BEDROOM 2 BATH DUPLEXES.
Appliances Disposal Microwave Other Refrigerator
Building Amenities Laundry
Heating System Central Heat Hot Water Heater: Gas Other
Interior Ceiling Fans Furniture Included in Sale
Sewer Connection Public Sewer
Water Source Public Water
Exterior Laundry in Carport
Garage 4+ Car Carport Carport Attached
Land Improvements Sidewalks
Lot Description Green Belt
Utilities Electric Gas TV-Cable Water
View Ocean View Other
Rental* Excluded Features
Tenant Pays All Utilities
List By Surterre Properties Inc.
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby About Newport Beach, CA
12 % Since 2002
$ 112,358 Median Income
44.84 Median Age
20 % Households with Children