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$ 2,799,000
Est. payment /mo
Active
212 42nd Street Newport Beach, CA 92663
2 Beds
2 Baths
1,236 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,236 sqft
Price per Sqft $2,264
MLS Listing ID OC25063841
Style Townhome
Bedrooms 2
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1933
Lot Size 2,526 Sqft
Acres 0.058
Property Sub-Type Townhome
Property Description
ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!
ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!
ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Exterior
View Other/Remarks
Building
Lot Description Sidewalks
Story 1
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Construction Status Fixer
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Sina Oveissi • Pointe Real Estate Inc.
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