Monthly Archives: November 2014

corona del mar ca duplex multifamily property for sale

Corona Del Mar, Ca -DUPLEX Investment Property For Sale-

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What an incredible location for this newly listed Duplex in Corona Del Mar CA.  So many options for this Duplex which make it an awesome investment opportunity.  Please visit MultiFamilyOWL for more pictures, financials and descriptions or contact the listing agent directly: Lance Boggs HOM Sothebys International Real Estate.  Below you can read the information that the listing agent has made publicly available…..

605 Marigold Avenue
Corona del Mar, CA 92625

For Sale: $1,779,000

Property Type: Duplex
MLS#: NP14245344

Contact Agent

Lance Boggs, HOM Sotheby’s International R | Phone:

  • Bedrooms: 2
  • Building Size: 1500 SF
  • Lot Size: 3485 SF
  • Number of Units: 2
  • Number of Stories: 2
  • Year Built: 1950
  • Days on market: 2
  • Net Operating Income: $53,340
  • Rent Control: No

Property Description

DRIVE BY ONLY. DO NOT CONTACT TENANTS. Value of property is primarily in the land. Older well-maintained duplex in great location in Olde CDM. 30 foot wide lot with newer construction on all sides. 2BR/2BA front unit, 1 BR/1 BA back with a two-car garage. Tenants are mo-to-mo @ $2850 and $1695.

Based on information from California Regional Multiple Listing Service, Inc. as of November 19, 2014. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.Listing provided by: Lance Boggs, HOM Sotheby’s International R, , source: Listhub

New Property Listings For Multifamily Homes in Corona Del Mar Ca California

Corona Del Mar is a town located in Newport Beach, Orange County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Corona Del Mar. As of the census of 2000, for Corona del Mar (which consists entirely of the 92625 zip code) there were 13,407 people, 6,885 households, and 3,957 families residing in the city. The median income for a household in the city was $120,080, and the median income for a family was $150,323. This is larger than the California median which was $57,287 in 2011.

Corona Del Mar has shopping, restaurants, services and retail fashions. The seaside village is conveniently located just 50 miles south of Los Angeles International Airport, 4 miles west of John Wayne Airport and 70 miles north of San Diego. The Hoag Memorial Hospital Presbyterian is located in Newport Beach and is also the biggest employer of the city with almost 4000 employees. There are a number of universities and colleges nearby, the largest of which is the University of California Irvine, with 26,169 full time enrolled students (4 miles).

Corona Del Mar has many attractions, the most popular of which are the two main and most easily accessible beaches: Big Corona and Little Corona. Big Corona features surf, cliffs, a jetty, and a variety of activity from surfing and skim boarding to volleyball. There is also Sherman Library & Gardens, which is a 2.2 acre horticultural retreat, and Crystal Cove State Park. Also nearby is fashion island, which is an upscale open-air lifestyle center with many retail shops and restaurants.

All of these features make Corona del Mar a great place to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, upscale community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Also serving other Orange County Cities.

This information was gathered from www.orangecounty.net/cities/CoronaDelMar.html, city-data.com, and wikipedia.Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Corona Del Mar.

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFamilyOwl.com

 

newport beach ca california duplex apartment for rent sale

Newport Beach CA…. 2 Bedroom Apartment For Rent

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746 Tustin Ave – 746 Tustin Ave. A, Newport Beach, CA 92663-5498

Available: Now     RENT: $1,950     SQUARE FEET: 865

This 2 bedroom, 1 bathroom is just two blocks away from Costa Mesa’s 17th Street Promenade known for its shopping, recreation, markets, banks, and restaurants. Need to commute to and from work? Freeways are nearby to make that commute just a little bit quicker. This is the perfect location to call home. This light and airy downstairs unit is in one of the most desirable neighborhoods of Newport Beach. This unit has private patio, onsite laundry, and a communal pool. It is equipped with granite coutnertops, white appliances, dual pane windows, wood flooring throughout, and new designer blinds. Here is your chance to enjoy the Southern California Lifestyle. We are looking for a long-term tenant (1 year lease.) No pets except for fair housing regulations. Showings by appointment only, please call 949.631.7777.

For more information on this amazing apartment for rent please contact Tim Carr Group Rentals direct at: 949-631-7777

www.timcarrgrouprentals.com

The Tim Carr Group 136 Rochester St. Costa Mesa, CA 92627 BRE #01017277

NEWPORT BEACH, CA, FOR RENT, FOR LEASE
Newport Beach is located in the Orange County and is a great place to rent multifamily,
duplex, triplex, fourplex and larger commercial apartment properties. Its job industry,
conveniences, and attractions make this a great place to live and there is a good market
available to rent multifamily rental properties such as duplexes, triplexes, and fourplexes. There
is also no rent control in Newport Beach.
Newport Beach’s population was 87,068 as of 2012. The estimated median household
income in 2011 was $96,918 (it was $83,455 in 2000). This is larger than the California median
which was $57,287 in 2011.
Newport Beach has large professional, scientific, and technical industries which
comprise 16% of all industries in the city, which is more than twice that of the California
average. Newport Beach is home to one Fortune 500 company, insurer Pacific Life. Other
companies based in Newport Beach include Acacia Research, Conexant, Galardi Group, Jazz
Semiconductor, and PIMCO.
The city also enjoys being close to a variety of conveniences. The nearest major airport
is John Wayne Airport. This airport has international and domestic flights from Santa Ana and is
6 miles from the center of Newport Beach. The Hoag Memorial Hospital Presbyterian is located
in Newport Beach and is also the biggest employer of the city with almost 4000 employees.
There are a number of universities and colleges nearby, the largest of which is the University of
California Irvine, with 26,169 full time enrolled students (4 miles).
Newport Beach has many attractions, the most popular of which are its beaches,
including a famous surf spot called The Wedge. Other notable spots include Balboa Island,
Pelican Hill Golf Club, Lido Theatre, Orange County Museum of Art, and Fashion Island, which
is an upscale open-air lifestyle center with many retail shops and restaurants.
All of these features make Newport Beach a great city to rent multifamily rental
properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings.
This vibrant, growing community has great attractions, a healthy work industry, and above
average rentals. The density of the city and the desire for people to live here, make it an
ideal location for multifamily living and the city does have great duplex, triplex, and fourplex
properties.
This information was gathered from www.newportbeachca.gov,city-data.com, and wikipedia

 

Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for rent in Newport Beach.
MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts

 

corona del mar ca duplex for sale

Corona Del Mar CA Duplex Property For Sale !

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Corona Del Mar CA is a gorgeous beach community with several Duplex Investment Properties currently listed for sale.  Corona Del Mar is the perfect city to buy a duplex as a pure long term investment rental property, a vacation rental property or a part-time owner/user rental property.  Rents are sky-high and rising!  Vacancy is very low and property values continue to rise at a double digit annual pace.

The Duplex For Sale that MultiFamilyOWL is highlighting today is listed by Jody Chapman Surterre Properties.  This Duplex looks AMAZING !  Please see the information below that was provided by the listing agent:

429 Larkspur Avenue
Corona del Mar, CA 92625

For Sale: $1,799,000

Property Type: Duplex
MLS#: NP14224877

Contact Agent

Jody Chapman, Surterre Properties Inc. | Phone:

  • Bedrooms: 4
  • Building Size: 1517 SF
  • Lot Size: 3540 SF
  • Number of Units: 2
  • Number of Stories: 2
  • Year Built: 1953
  • Days on market: 27
  • Rent Control: No

Property Description

Step back to a time when quaint cottages used for summertime escape, dotted the landscape in Corona del Mar. Where cars stayed in the garage, and bicycles were the preferable mode of transportation. Dutch doors, open to friends, neighbors, and those ocean breezes, beckoned . . . . Welcome to a simpler place in time. This timeless classic, located on a prominent corner in one of the most desirable areas of Corona del Mar, offers the opportunity for escape, or a new beginning. Currently a duplex with a front yard surrounded with the quintessential white picket fence, featuring a single level 3 bedroom and 2 bath on the lower (front) level, and a modified 1 bedroom, one bath upper (back) unit. Front house is utterly charming with authentic hardwood floors and white cabinetry, a sunny breakfast nook, and cozy living room with brick wood-burning fireplace. A surprisingly roomy kitchen has views to a private interior patio. All bedrooms are generously sized. Upper house, with large living space, is light and bright with lovely treetop views. New and “newer” appliances make this the perfect hideaway! Enjoy as is, or build to suit on a great corner location, just moments away from all of the Corona del Mar restaurants, shops and beaches.

Based on information from California Regional Multiple Listing Service, Inc. as of October 23, 2014. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Jody Chapman, Surterre Properties Inc., , source: Listhub

Below is information provided by MultiFamilyOWL regarding MultiFamily Income Property Investing in Corona Del Mar California:

Corona Del Mar is a town located in Newport Beach, Orange County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Corona Del Mar. As of the census of 2000, for Corona del Mar (which consists entirely of the 92625 zip code) there were 13,407 people, 6,885 households, and 3,957 families residing in the city. The median income for a household in the city was $120,080, and the median income for a family was $150,323. This is larger than the California median which was $57,287 in 2011.

Corona Del Mar has shopping, restaurants, services and retail fashions. The seaside village is conveniently located just 50 miles south of Los Angeles International Airport, 4 miles west of John Wayne Airport and 70 miles north of San Diego. The Hoag Memorial Hospital Presbyterian is located in Newport Beach and is also the biggest employer of the city with almost 4000 employees. There are a number of universities and colleges nearby, the largest of which is the University of California Irvine, with 26,169 full time enrolled students (4 miles).

Corona Del Mar has many attractions, the most popular of which are the two main and most easily accessible beaches: Big Corona and Little Corona. Big Corona features surf, cliffs, a jetty, and a variety of activity from surfing and skim boarding to volleyball. There is also Sherman Library & Gardens, which is a 2.2 acre horticultural retreat, and Crystal Cove State Park. Also nearby is fashion island, which is an upscale open-air lifestyle center with many retail shops and restaurants.All of these features make Corona del Mar a great place to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, upscale community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.Also serving other Orange County Cities.

This information was gathered from www.orangecounty.net/cities/CoronaDelMar.html, city-data.com, and wikipedia.

Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Corona Del Mar.MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFamilyOwl.com

Torrance CA Duplex multi-family income property For Sale

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Using MultiFamilyOWL’s advanced search criteria (Torrance ca duplex for sale) investors can locate duplex, triplex, fourplex and larger apartment buildings For Sale based on net operating income, gross operating income, CAP Rate and Gross Rent Multiplier.  By clicking the link above titled “Torrance CA Duplex For Sale” you can view a short video of MultiFamilyOWL’s advanced search functionality.  Fredy Pintor, Century 21 Amber Realty currently has a Duplex listed For Sale on Denker in Torrance, see the details the listing agent has made available below:

21600 Denker Avenue
Torrance, CA 90501

For Sale: $635,000

Property Type: Duplex
MLS#: SB14238935

Contact Agent

Fredy Pintor, C-21 Amber Realty | Phone:

  • Bedrooms: 2
  • Building Size: 1553 SF
  • Lot Size: 6004 SF
  • Number of Units: 2
  • Year Built: 1945
  • Days on market: 2
  • Rent Control: No

Property Description

EXCELLENT opportunity for a Big Family!!! Great curve appeal, Live in one House and RENT the second unit. Corner house with a GREAT LOCATION. ELEMENTARY school within walking distance just a block from the home. Restaurants, shopping, and a HOSPITAL all a within a few minutes. Garage has an EXTRA BONUS room that can be used as a studio or office, there is a second small room for storage
BACK TO SEARCH RESULTS

Based on information from California Regional Multiple Listing Service, Inc. as of November 10, 2014. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Fredy Pintor, C-21 Amber Realty, , source: Listhub

Multi-family Property Investment Listing for Torrance Homes For Sale

Torrance is located in the South Bay region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Torrance.

Torrance’s population was 147,027 as of 2012, which makes it the eighth largest city in Los Angeles. It also has the second highest percentage of Japanese in North America (8.88%). The estimated median household income in 2011 was $73,744 (it was $56,489 in 2000). This is larger than the California median which was $57,287 in 2011.

Torrance is home to the U.S. headquarters of two of the three largest Japanese automakers, Toyota Motor Sales, and American Honda Motor Company. Toyota and Honda are also the two biggest employers in the city, employing 3372 and 2196 respectively. Robinson Helicopters are designed and built in Torrance as are Honeywell’s Garrett turbochargers, used on car engines worldwide.The ExxonMobil refinery in the north end of the city is responsible for much of Southern California’s gasoline supply. Alcoa Fastening Systems is Headquartered in Torrance as well, producing aerospace fasteners. Pacific Sales, PC Mall, Pelican Products, and Rapiscan Systems are among the other big companies based in Torrance.

The city also enjoys being close to a variety of conveniences. Torrance has a small general aviation airport called Zamperini Field, and the The Los Angeles International Airport (LAX) is only 11 miles away. There are two major hospitals in Torrance: Torrance Memorial Medical Center and Little Company of Mary Hospital. The are a few colleges in torrance, the largest being the El Camino Community College, which has over 8500 full time enrolled students.

Torrance has many attractions, including 1.5 miles of sandy beach. Torrance also has one of the five largest malls in the United States, the Del Amo Fashion Center, with upscale clothiers Anthropologie, Coach, H&M and Urban Outfitters as well as the restaurant P.F. Chang’s and the retail giant Crate & Barrel. Other attraction include The Torrance Cultural Arts Center, the Southern California Live Steamers Miniature Railroad, and the Madrona Marsh Wildlife Preserve & Nature Center.

All of these features make Torrance a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Also serving other Los Angeles County Cities.

This information was gathered from www.torranceca.gov, city-data.com, and wikipedia

 
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Torrance.
 

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFamilyOwl.com

apartment for rent los angeles ca california

Los Angeles CA #1 Rental Website….Find apartments & condos For Rent

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MultiFamilyOWL is quickly becoming the top website to find apartments, condos, townhomes and single family houses for rent in Los Angeles Ca.  MultiFamilyOWL provides great pictures, financials and detailed descriptions of properties  listed for rent.  There are also great mapping functions available and a user “rating” system for each property.  Please visit MultiFamilyOWL today to find your next apartment in Los Angeles Ca!

LOS ANGELES COUNTY, CA, FOR RENT, FOR LEASE
The most populous county in the United States, Los Angeles County has a population of
9,818,605 and has more people than 42 individual U.S. states. LA County is a fantastic choice
to rent in multifamily residential property. The economy is improving and unemployment rates
are decreasing. Southern California’s great climate, world renowned attractions and celebrity
encounters enables many of LA county’s cities to be vacation destinations.
The city of Los Angeles is the county seat, is the largest city in California and the
second-largest in the United States. Encompassing 4,083 square miles, it is larger than the
combined states of Rhode Island and Delaware. Rents for multi-unit residential properties will
be higher near the coast, however in general they are also nicer.
LA County is composed of 88 incorporated cities and two offshore islands, San
Clemente and Santa Catalina Islands. However, most of LA County is made up of 140 County-
recognized unincorporated communities.
The most populous cities are:
● 1. Los Angeles
3,792,621
● 2. Long Beach
462,257
● 3. Glendale 191,719
● 4. Santa Clarita
179,013
● 5. Lancaster 156,633
● 6. Palmdale
152,750
● 7. Pomona
149,058
● 8. Torrance
145,438
● 9. Pasadena
137,122
● 10. El Monte
113,475
Major divisions of the county are 1) East: Eastside, San Gabriel Valley, Pomona Valley,
2) West: Westside, Beach Cities 3) South: South Bay, Palos Verdes Peninsula, South Los
Angeles, 4) Gateway Cities 5) North: San Fernando Valley, portions of the Conejo Valley,
portions of the Antelope Valley and Santa Clarita Valley 6) Central: Downtown Los Angeles,
Mid-Wilshire.
Los Angeles County is famous for its entertainment industry; all six major film studios
(Sony, 20th Century Fox, Paramount Pictures, Warner Brothers, Universal Pictures, and Walt
Disney Studios) are located in the county. Besides motion picture and television industries, LA
County resident workers are in international trade supported by the ports of LA and Long Beach,
music recording and production, and aerospace.
We have many duplexes, triplexes, fourplexes, and commercial apartment buildings with
and without rent control, with on-site parking, laundry and separately metered utilities.
Rent with us and request more information about your preferred LA county cities and ask
about specific listings.
Information gathered from Wikipedia and propertymetrics.com

 
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for rent in LA County.
You might be interested in looking in one of these LA County cities: Alhambra – Altadena – Arcadia – Azusa – Baldwin Park – Bell – Bell Gardens – Bellflower –Beverly Hills – Brentwood – Burbank – Carson – Compton – Covina – Culver City – Downey – Eagle Rock – El Monte – El Segundo – Glendale – Glendora – Harbor City – Hawaiian Gardens – Hawthorne – Hermosa Beach – Highland Park – Hollywood – Huntington Park – Inglewood – Lakewood – Lawndale – Lomita – Long Beach – Los Angeles (City) – Lynwood – Malibu – Manhattan Beach – Marina Del Rey – Monrovia – Montebello – Monterey Park – Montrose – North Hollywood –Norwalk – Pasadena – Playa Del Rey – Pomona – Redondo Beach – Rosemead – San Dimas – San Gabriel – San Pedro – Santa Monica – Sherman Oaks – Silver Lake – South El Monte – South Pasadena – Southgate – Studio City – Sun Valley – Temple City – Toluca Lake – Torrance – Valley Village – Van Nuys – Venice –West Covina – West Hollywood – Westchester – Whittier – Wilmington

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFamilyOwl.com

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newport beach ca california duplex multifamily income investment property for sale

Newport Beach CA Duplex Investment Property For Sale…Balboa Island!

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Super charming beach duplex for sale in the center of Balboa Island Newport Beach CA.  The front home is a two bedroom two bathroom and the rear home is a two bedroom one bathroom.  Very pretty wide, sunny street within close walking distance to all the dining and shopping the island offers.  This superb duplex is listed for sale by Beth Ann Taylor Crane Real Estate, 714-871-8100.  Please see additional information which the listing agent has made available to the public below:

223 Ruby Avenue
Newport Beach, CA 92662

For Sale: $1,739,900

Property Type: Duplex
MLS#: PW14220115

Contact Agent

Beth Ann Taylor, Crane Real Estate | Phone:

  • Bedrooms: 2
  • Building Size: 1881 SF
  • Lot Size: 2614 SF
  • Number of Units: 2
  • Number of Stories: 2
  • Year Built: 1935
  • Days on market: 24
  • Net Operating Income: $31,178
  • Rent Control: No

Property Description

Premier center island location on wide, quiet street just one block from bay & prized Ruby Beach. Balboa Island cottage home close to ferry, beach access, uptown, shopping, dining, Fashion Island & more! Front house is a 2 bedroom, 2 bath home with beamed ceiling & hardwood floors in livingroom & step down dining room. Updated Dutch front & breezeway doors. Sunny front patio with sliding glass entry to dining room. Apartment is 2 bedroom, 1 bath (not over front unit) with access from breezeway. 2-car garage with extra room (approx 10′ x 12′ – not included in square footage) for office, guests or ‘man cave’. Garage includes laundry room & additional storage/hobby room and plenty of built in storage. Wonderful property for investor, builder, vacation home or owner. Property has been in family almost 50 years (2nd owner). Don’t miss this prized location with light traffic near the end of Balboa St. and yet, close to everything. Seller states this site is the actual center of Balboa Island – buyer to verify and satisfy themselves.
BACK TO SEARCH RESULTS

Based on information from California Regional Multiple Listing Service, Inc. as of October 16, 2014. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Beth Ann Taylor, Crane Real Estate, , source: Listhub

Find Multi-family Home and Property Listings in Orange County, CA

 

Orange County has an affluent population of 3,010,23 and is The third most populous county in the United States, second only to Los Angeles and San Diego County.  Investing in Orange County is an excellent choice for multifamily residential income property owners. The overall economy is improving and decreasing unemployment rates are excellent for rising rental rates. Orange County’s great climate, family fun attractions like Disneyland and Knott’s Berry Farm, several beaches and more than 40 miles of coastline makes Orange county cities a popular vacation destination. Additionally if you convert your apartment into a vacation rental, you will create short term rentals that you will yield you higher rental rates.

Orange County is known for its political conservatism. A 2005 academic study listed three Orange County cities as being among America’s 25 “most conservative.”  The city of Santa Ana is the county seat and is a part of Orange County’s 947.98 square miles. You may receive higher rents for multi-unit residential investment properties near the coast, however in general the asking purchase prices are higher.

Where most population centers tend to be identified by a major city, there is no defined urban center in Orange County. It is mostly suburban except for some traditionally urban areas at the centers of the older cities of Anaheim, Fullerton, Huntington Beach, Orange, and Santa Ana. There are several edge city-style developments such as Irvine Business Center, Newport Center, and South Coast Metro. Residents sometimes figuratively divide the county into “North Orange County” and “South County”. This is more of a cultural and demographic distinction perpetuated by the popular television shows “The OC”, “The Real Housewives of Orange County” and “Laguna Beach”, between the older areas closer to Los Angeles, and the more affluent and recently developed areas to the South and East.

Orange County is famous for its tourism and is the headquarters of several Fortune 500 and Fortune 1000 headquarters for Ingram Micro, Broadcam, Western Digital, Edwards Lifesciences, Standard Pacific, Quiksilver and Apria Healthcare. Notable technology companies are there like Gateway, Toshiba and Linksys. It is also an automotive, fast food & casual dining center containing the headquarters of Mercedes-Benz, Mazda, Toyota, Samsung, Kia Motors, Hyundai, Del Taco, Taco Bell, El Pollo Loco, In-N-Out Burger, Claim Jumper, Marie Callender’s, and Wienerschnitzel. Perfectly positioning you as an owner serving these industries, fewer and fewer apartment buildings are being built in California. Several are being torn down to build big mega mansions, driving up demand and creating higher rental rates.

 

Moreover, there are great tax benefits to owning income producing real estate. A property manager can help you control owner/ landlord expenses and if necessary guide you through the tricky Section 8 and eviction process. We have many duplexes, triplexes, fourplexes, and commercial apartment buildings without rent control, with on site parking, laundry and separately metered utilities.

Invest with us and request more information about the historical CAP Rates for your preferred Orange county cities and ask about the GRM (Gross Rent Multiplier), Net Operating Income and Gross Operating Income for specific listings.

Information gathered from Wikipedia and www.propertymetrics.com

 
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Orange County.
You might be interested in looking in one of these Orange County cities: Anaheim – Brea – Buena Park – Corona Del Mar – Costa Mesa – Dana Point – Fountain Valley – Fullerton – Garden Grove – Huntington Beach – La Habra – Laguna Beach – Los Alamitos – Newport Beach – Orange – San Clemente – Santa Ana – Seal Beach – Sunset Beach – Tustin

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFamilyOwl.com

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