506 E Oceanfront | Newport Beach, CA 92661
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- LoopNet Team
506 E Oceanfront
Newport Beach, CA 92661
Vacation Rental Newport Beach Sand · Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Vacation Rental Property on the sand located on the most prestigious beach in Southern California
- Parking facilities nearby, Beach Front Volleyball Courts steps away, steps to the Pier & Ferry... Great Location!
- Generational Type Asset that does not come on the market often. Done miss out!
PROPERTY FACTS
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1973 |
| Lot Size | 0.05 AC | Parking Ratio | 1.31/1,000 SF |
| Building Size | 3,044 SF |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.05 AC |
| Building Size | 3,044 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 1.31/1,000 SF |
AMENITIES
SITE AMENITIES
- Waterfront
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3 | 1 | $10,000 | - |
| 3+2 | 1 | $8,000 | - |
PROPERTY TAXES
| Parcel Number | 048-122-10 | Improvements Assessment | $230,465 |
| Land Assessment | $3,769,535 | Total Assessment | $4,000,000 |
PROPERTY TAXES
Parcel Number
048-122-10
Land Assessment
$3,769,535
Improvements Assessment
$230,465
Total Assessment
$4,000,000
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