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Off market

Buy a multi-family propertyat 304 Alvarado Place, Newport Beach, CA 92661

$2,398,000

$2,598,000 (-7.7%)

$0/mo

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Residential

2,002 Sq. Ft.

2,178 Sq. Ft. lot

4 Bedrooms

3 Bathrooms

364 Days on market

NP23041042 MLS ID

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About 304 Alvarado Place multi-family property

Seller Financing available! Welcome to 206 E Bay/304 Alvarado Ave, in the beautiful city of Newport Beach! This property is centrally located on the peninsula on a desirable corner lot that is steps away from both the bay and ocean, the Balboa Fun Zone, restaurants, boutiques, & much more! 206 E Bay/304 Alvarado is a triplex on the same lot, (2bed/1bath top unit - 1bed/1bath bottom unit - 1bed/1bath bungalow) this is an opportunity for you to own a multifamily investment property for income, live in one unit and rent out the other units to reduce your mortgage, & or buy this property for its corner lot location & build up a masterful new construction that has bay views down Alvarado street & could potentially boast additional panoramic bay views/ ocean views from a rooftop deck! Endless possibilities with this property, come see it for yourself!
Seller Financing available! Welcome to 206 E Bay/304 Alvarado Ave, in the beautiful city of Newport Beach! This property is centrally located on the peninsula on a desirable corner lot that is steps away from both the bay and ocean, the Balboa Fun Zone, restaurants, boutiques, & much more! 206 E Bay/304 Alvarado is a triplex on the same lot, (2bed/1bath top unit - 1bed/1bath bottom unit - 1bed/1bath bungalow) this is an opportunity for you to own a multifamily investment property for income, live in one unit and rent out the other units to reduce your mortgage, & or buy this property for its corner lot location & build up a masterful new construction that has bay views down Alvarado street & could potentially boast additional panoramic bay views/ ocean views from a rooftop deck! Endless possibilities with this property, come see it for yourself!

Property details

House

Stories: 2

Listing

Listing ID: NP23041042

Property Subtype: Triplex

Location

County: Orange

Lot

Area: 2178

Schools

High School District: Newport Mesa Unified

Monthly cost

Estimated monthly cost

$15,281/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

May 31, 2011

Price

$1,150,000

Date

Oct 28, 2003

Price

$17,000

DatePrice
May 31, 2011$1,150,000
Oct 28, 2003$17,000

Schools

This home is within the Newport-mesa Unified School District.

Newport Beach enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,254,120

+$71,940

$2,326,060

Seller agent commission$71,940 (3%)*

$0 (0%)

Buyer agent commission$71,940 (3%)*

$71,940 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $71,940 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Jun 14, 2023 at 6:04 a.m.

Property listed by Re/Max One, Zach Bateman {attribution_contact}
Based on information from California Regional Multiple Listing Service, Inc. as of 06/14/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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