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506 E Oceanfront
Newport Beach, CA 92661
Vacation Rental Newport Beach Sand · Multifamily Property For Sale
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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 | Building Size | 3,044 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| Lot Size | 0.06 AC | ||
| Zoning | RM - Multi-Unit Residential | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,044 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | RM - Multi-Unit Residential |
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 | $235,074 |
| Land Assessment | $3,844,926 | Total Assessment | $4,080,000 |
Property Taxes
Parcel Number
048-122-10
Land Assessment
$3,844,926
Improvements Assessment
$235,074
Total Assessment
$4,080,000
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