212 42nd ST new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,236 sqft
Price per Sqft $2,264
Subdivision West Newport Beach (Wsnb)
MLS Listing ID OC25063841
Bedrooms 2
Full Baths 2
Year Built 1933
Lot Size 2,526 Sqft
Property Sub-Type Duplex
Property Description
ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Cooling None
Fireplaces Type None
Laundry None
Exterior
Pool None
Community Features Biking,Dog Park,Sidewalks,Water Sports
View Y/N Yes
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Duplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Newport Mesa Unified
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard