Property Detail

Description

New construction and just steps to the sand, this Newport Beach duplex is not only a testament to modern construction but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a gorgeous pivot-entry door, a spacious open-concept living area, a waterfall kitchen island with bar seating, Viking appliances, custom cabinetry, quartz countertops, custom electric shades, a large pantry, and plenty of storage. Enjoy ocean views from the front rooftop deck with a luxurious Jacuzzi, fire pit, and beverage bar. The rear unit, with its private entrance, consists of 2 bedrooms and 2 bathrooms, an open concept kitchen and dining area with custom cabinetry, custom electric shades, quartz countertops, and Viking appliances. The expansive rooftop deck is remarkable, complete with a covered dining area, an outdoor kitchen, a fire pit, and its own indulgent Jacuzzi. With this remarkable duplex, you can enjoy the best of both worlds: a stunning Newport Beach retreat and a steady stream of rental revenue. This property offers several options, including converting the two units into condominiums, which allows them to be sold individually. Newport Beach is truly the best location for a real estate investment, with its endless beaches, famous surf spots, fantastic restaurants, world-class shopping, and easy airport access.