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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

769 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

Bathrooms

3 full bathrooms

3 total bathrooms

3 bathrooms on main level

Bedrooms

4 total bedrooms

4 bedrooms on main level

House

2 total stories

Built in 1907

Stories: 2

2,002 sqft living area

1 Common Wall

Two

Triplex

Community

Biking

Sidewalks

Water Sports

Garage

Attached garage

2 garage spaces

Listing

Listing ID: NP23041042

Property Subtype: Triplex

76 days on market

Listed on 2023-03-14

Location

County: Orange

Lot

2178 sqft

0.05 acres

Area: 2178

Corner Lot

Parking

2 total parking spaces

Property

3 units

Property attached

Bay

Water

Schools

High School District: Newport Mesa Unified

Sewer

Unknown

Monthly cost

Estimated monthly cost

$15,281/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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 All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:31 p.m.

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

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