212 42nd Street new

Newport Beach,CA 92663

$ 2799000

2 Beds

2 Baths

1236 SqFt


Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 1,236 sqft

Price per Sqft $2,264

MLS Listing ID CROC25063841

Bedrooms 2

Full Baths 2

Year Built 1933

Lot Size 2,526 Sqft

Property Sub-Type Duet

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

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Pool None

Amenities Available Dog Park

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Building

Story 1

Water Public

Schools

School District Newport-Mesa Unified

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