207 Cypress Street

Newport Beach, California 92661

Property Sold

2,571   Lot Size
MLS #: NP17101268
Type: Single Family
Ocean View: No
Bay View: No
Mountain View: No


Located just a block from both the bay and the beach this fantastic duplex opportunity affords an easy walk or a short bike ride to all that the Peninsula has to offer. Each two bedroom, one bath unit has its own private patio and one car garage parking. The upper unit has vaulted wood beam ceilings. The lower unit has been updated. There is laundry hook-up in garage and storage and the ability to park an additional vehicle behind the garage. The exterior of the building was recently painted, and exterior lighting and hardware appointments were updated. Consistently rented with little tenant turn-over this is a great income property opportunity in one the best locations on Balboa Peninsula! Short term lodging permit potential. Current rents considerably below market due to long-term tenancies.

Listed by Tara Foster Shapiro of HOM Sotheby's International Re

HÔM Research: Newport Beach

A detailed analysis and perspective of the marketplace

Average List Price       Average Sale Price

Contacts

Tara Shapiro

tshapiro@homgroup.com
T. 949.478.7781
F. 949.478.7781
M. 949.478.7781
CA BRE No. 01892201