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320 Catalina Drive, Newport Beach, CA 92663 (MLS # NP18085515)

Price $1,675,000
Status Active
Beds 6
Baths 4 baths
Home size 3,200 sq ft
Lot Size 6,534 sqft
Days on Market 101
This could be a great starter home in Newport Heights! Large duplex on a huge street to street lot with owners unit downstairs with large back yard, plus 3 bed rental over the 3 car garage. Build 2 homes on this RARE street to street lot, or keep the large Duplex that currently exists. The R-2 zoned lot stretches from Catalina Drive up to La Jolla Drive. The existing Duplex has (2) 3 bedroom, 2 bath homes with a 3 car garage and large yard. The duplex is currently occupied on month to month leases with good rental income, until ready to build, Let the other unit help pay the mortgage! . Located in the coveted Newport Heights community and walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. Short-Term Lodging is allowed subject to zoning compliance(check with the City of Newport Beach). This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. This home is priced to sell, do not miss out
Property Type(s): Single Family
Last Updated 4/14/2018 Tract Newport Heights (NEWH)
Year Built 1973 Community N6 - Newport Heights
County Orange


School District Newport Mesa Unified

Additional Details

AIR None
AREA N6 - Newport Heights
LOT 6534 sq ft
LOT DESCRIPTION Front Yard, Tear Down, Value In Land, Yard
PARKING Spaces: 6.00
SUBDIVISION Newport Heights (NEWH)
UTILITIES Sewer Available,Sewer Connected
WATER Public



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Listing provided by : Antony Shaw CalBRE:00857117, Seaside Realty and Investment

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Based on information from California Regional Multiple Listing Service, Inc. as of 7/23/18 8:07 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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