FOR SALE
$ 2,525,000
209 42nd Street
Newport Beach, CA 92663
Cluster
Residence
2,681
Sq. Ft.
0.05
Acre Lot
Courtesy: Teles Properties, Inc. Kristin Halton
Last Updated: 8/20/2017 3:55 PM
209 42nd St in Newport Beach is an ideal property as an investment home for vacation rentals. Has potential for a substantial return as an investment property. It being a 5 bedroom is very desirable as the larger homes can be more difficult for travelers to find. This home also legally qualifies as a short term rental per the city of Newport beach which is a significant advantage as many homes do not. This amazing beach home has 5 bedrooms (2 bedrooms are downstairs) and 3.5 bathrooms. The 5th bedroom has a kitchenette and has it's own entrance which could be perfect for teenagers, guests, or possibly even a separate rental. Perfect for indoor/outdoor living with German Nana glass doors that slide open from the living room to the beautiful outdoor patio. This home also has a rooftop deck with ocean views! The great room is wired for sound and data. Upgraded kitchen with stainless steel appliances, Thermador professional 6 burner stove, Kraft made cabinets, Italian porcelain tile throughout, black granite and recessed lighting. Spacious 2-car garage. Rent it out year round, or rent it out when you're family isn't using it! Great location in Newport Beach just steps from the channel and a few short blocks to the ocean. Enjoy short walks to the beach, parks, fine dining, shopping & movie theater. Bicycle to Lido Marina village, the new Marina Park, or Balboa Fun Zone.
NP17170138
Cluster, Contemporary
Orange
0.05 Acres
2006
Tankless Water Heater, Common Hot Water Heater
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

People
Zip
City
County
National
22,772
87,127
3,169,776
321,418,820
6,905
3,642
3,904
89
2.1
2.2
3
2.6
39.8
44.7
36.7
37.4
$86,967
$107,991
$75,998
$53,482
$62,391
$78,012
$34,416
$28,555
 
Economy
Zip
City
County
National
3.60 %
3.60 %
4.40 %
5.20 %
2.30 %
2.30 %
2.30 %
1.60 %
40.90 %
40.90 %
40.10 %
38.00 %
8.00 %
8.00 %
8.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
338
355
187
100
 
Environment
Zip
City
County
National
30
53
685
1443
13.3
13.5
13.7
39.2
0
0
0
25.8
49.8
49.8
45.7
22.6
70.9
70.9
82.7
86.1
35
35
33
102
278
277
278
205
82
87
85
54
Source: Sperling's Best Places
Courtesy: Teles Properties, Inc. Kristin Halton
Barbara Simmons, Xome Inc., CalBRE #637579, barbara.simmons@xome.com , 844-400-9663 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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