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Listed by Sina Oveissi • Pointe Real Estate Inc.
$2,799,000
Est. payment /mo
2 Beds
2 Baths
1,236 SqFt
UPDATED:
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
HOA Y/N No
Originating Board Datashare California Regional
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
Fireplace No
Laundry None
Exterior
Pool None
Amenities Available Dog Park
View Other
Private Pool false
Building
Story 1
Water Public
Schools
School District Newport-Mesa Unified
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