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$ 2,799,000
Est. payment /mo
Active
212 42nd Street Newport Beach, CA 92663
2 Beds
2 Baths
1,236 SqFt
UPDATED:
Key Details
Property Type Commercial
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
Year Built 1933
Lot Size 2,526 Sqft
Acres 0.058
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
View Y/N true
View Other
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Newport-Mesa Unified
Others
Tax ID 42330501
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Listed by Sina Oveissi • Pointe Real Estate Inc.