208 FERN STREET, NEWPORT BEACH, CA 92663


Open House: Jan 20, 2018 1:00 PM - 4:00 PM
Open House: Jan 27, 2018 1:00 PM - 4:00 PM
Open House: Feb 3, 2018 1:00 PM - 4:00 PM

208 Fern Street
Newport Beach, CA 92663

$1,749,000 (Active Under Contract)

Number of Units: 2
Type: Multi-Unit Residential
Listing #NP17273909
This West Newport DUPLEX is perfect for the most discerning investor. Suitable for Short Term Rentals (less than 30 days) this property is close to Newport's world class beach and neighborhood restaurants. Each unit features its own entry, 3 bedrooms, 2 baths, tastefully upgraded interiors and gas/wood burning fireplaces in each Living Room. The lower unit is recently upgraded with beautiful new flooring, granite kitchen counters and an outdoor patio surrounded by a white picket fence. The upper unit boasts tile flooring and granite counters throughout. The master bedroom features its own gas/wood burning fireplace for staying cozy on California's winter nights. Enjoy ocean views from the expansive patio accessed from the living room area. Each unit is light and bright with newer double pane windows and sliding doors. The two car garage features a common laundry area and an interior access to the lower unit. Your investor will love this ready to rent, turnkey, low maintenance property with newer appliances and separate gas and electric meters for each unit. The Seller will cooperate with your Buyers 1031 Exchange. There is still time to get it done before next year.
Property Features
Location Information
County: Orange
MLS Area: West Newport - Lido
Directions: Major Cross Streets: PCH and Orange
Interior Features
Window Features: Double Pane Windows
Rooms: Kitchen, Living Room
Interior: Granite Counters, Open Floor Plan
Has Fireplace: yes
Fireplace Description: Gas, Wood
Heating: Forced Air, Natural Gas
Floors: Laminate, Tile
Laundry: Area, Community, Dryer Included, In Garage, Washer Included
Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
Total Number of Units: 2
Exterior Features
Stories: Two
Foundation: Slab
Water Source: Public
Gas Meters: 2
Garage Spaces: 2
Parking Spaces: 2
Has a Pool: No
Pool Description: None
Lot Description: Near Public Transit
Lot Size in Acres: 0.058
Approximate Size (Sq. Ft.): 2, 390
Lot Size in Sq. Ft.: 2, 535
Dimensions: 30' x 85'
Has View: yes
View Description: Ocean
Additional Information
Attached Structure: 0
Property Type: RI
Year Built: 1966
APN: 42443302
Status: Active Under Contract
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2017-12-12 00:00:00.0


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Tim Smith Coldwell Banker Res. Brokerage - CA BRE # shown above if in IDX data
This listing's co-agent is: Alvin Gels
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©2018 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 20, 2018 9:05 AM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.