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126 31st Street Newport Beach, CA 92663
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Key Details
Sold Price $3,050,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 2,461 sqft
Price per Sqft $1,239
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID NP25229658
Bedrooms 6
Full Baths 5
Year Built 1972
Lot Size 2,178 Sqft
Property Sub-Type Townhome
Property Description
Tucked along the coveted Newport Beach Peninsula, this rare R-2zoned duplex offers the ultimate coastal lifestylejust 12 houses from the sand and within walking distance to the shops and dining of Lido Village, the amenities of The Landing Shopping Center, and the vibrant activity of Balboa Harbor. With R-2 zoning that permits Short-Term Lodging (property is eligible to apply for a permit), the property is as compelling for investment as it is for personal enjoyment. The upper unit lives like a private retreat, offering a spacious full kitchen, in-unit laundry, and three bedroomseach with its own en suite bathideal for long-term living or premium rental opportunities. The lower unit is equally inviting with three bedrooms, two baths, and an open living area that flows seamlessly through sliding doors to a private outdoor patio. A two-car garage with laundry completes the lower level, providing both convenience and functionality. With its prime location, versatile layout, and short-term lodging potential, this property is a rare findblending the best of lifestyle and investment in the heart of Newport Beach.
Location
State CA
County Orange
Interior
Heating Forced Air Unit
Flooring Stone
Fireplaces Type FP in Living Room
Exterior
Parking Features Garage
Garage Spaces 2.0
Fence Wood
View Y/N Yes
View Ocean, Peek-A-Boo
Roof Type Composition,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with Ruben Khorsandi Alliance Investment RE Group
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