Newport Beach, CA 92663,746 Tustin AVE

$2,990,000

$2,995,000

0.2%
Est.Price: ?

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Est. payment /mo

0.4 Acres Lot


SOLD DATE : 07/30/2014

Key Details

Sold Price $2,990,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Newport Heights (Newh)

MLS Listing ID OC14077351

Sold Date 07/30/14

HOA Y/N No

Year Built 1959

Tax Year 2013

Lot Size 0.400 Acres

Property Description

pleased to exclusively present 746 Tustin Avenue, a six-unit multifamily investment property in the city of Newport Beach. The property's well-designed floor plans include 5 two-bedroom / one-bath apartments, and 1 single family home which includes a 4-bedroom (zoned 2-bedroom) / 2-bath approximately 2,000 square feet. The single family home has been completely remodeled and includes its own private backyard and garage. Each unit is individually metered for gas and electricity and contains copper plumbing. Originally constructed in 1959, the building was remodeled in 2013 and provides a private courtyard, laundry facility and swimming pool.

The property is located in the heart of Newport Beach minutes from all surrounding attractions including Newport Beach Pier, Newport Harbor, Balboa Peninsula, Fashion Island, and The Triangle. Newport Harbor High School and Newport Heights Elementary are located one block from the property. Newport Harbor High School has been recognized as an AVID (Advancement Via Individual Determination) National Certified School. The property is situated just two miles from the beach and Balboa Peninsula.

Location

State CA

County Orange

Area N6 - Newport Heights

Interior

Fireplace No

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool Community

Community Features Street Lights, Pool

Utilities Available Sewer Available

Total Parking Spaces 6

Private Pool Yes

Building

Lot Description 2-5 Units/Acre

Story Two

Entry Level Two

Water Public

Level or Stories Two

Others

Tax ID 42510324

Acceptable Financing Submit

Listing Terms Submit

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with RANDY TSE • WELLAND REALTY
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