Newport Beach, CA 92663,215 32nd Street
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Newport Beach, CA 92663,215 32nd Street
Newport Beach, CA 92663,215 32nd Street
Newport Beach, CA 92663,215 32nd Street
Newport Beach, CA 92663,215 32nd Street
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Listed by Chris Moreno • Surterre Properties Inc.
$ 4,800,000
Est. payment /mo
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Active

215 32nd Street Newport Beach, CA 92663

8 Beds

7 Baths

3,500 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $1,371

MLS Listing ID CRNP25056815

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 2020

Lot Size 2,352 Sqft

Property Sub-Type Duet

Source Datashare California Regional

Property Description

Welcome to an exceptionally rare opportunity to own a trophy asset in one of the most coveted locations in Newport Beach — with an up to 4-year Lease Option to Buy and $260K+ annual rental income from day one. Located at the top of the Balboa Peninsula, just steps from the sand, this newly built 2020 duplex is fully furnished and short-term rental ready — complete with two transferable STR permits and a proven income history. Whether you’re looking to invest, 1031 exchange, or eventually move in, this property offers low entry, high upside, and total flexibility. The property features two beautifully designed, turnkey units: Rear Unit: 5BR / 3.5BA — Private direct access from the 2-car garage, open-concept kitchen and living, large bonus/media room, and a rooftop deck with stunning ocean, city, and mountain views. Front Unit: 3BR / 2.5BA — A charming beachside retreat with a welcoming front porch on 32nd Street, perfect for indoor-outdoor living and entertaining. Additional features include central AC & heat, 4-car parking (2-car garage + 2-car carport), and high-end finishes throughout. Just a short stroll to the beach, Lido Marina Village, the Bayfront, local boutiques, coffee shops, and top-tier dining. Fast access to PCH and nearby freeways. Whether you're an invest

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central Air, Other

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Range, Refrigerator, Tankless Water Heater

Laundry Gas Dryer Hookup, Other, Inside

Exterior

Garage Spaces 2.0

Pool None

View City Lights, Mountain(s)

Handicap Access Other

Private Pool false

Building

Lot Description Street Light(s), Storm Drain

Story 3

Water Public

Architectural Style Contemporary

Schools

School District Newport-Mesa Unified


Bay East AOR and Contra Costa AOR
agent

Taso Tsakos

Managing Partner, Global Real Estate Advisor | License ID: 01157444

+1(925) 785-5419

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215 32nd Street