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5102 Neptune Ave, Newport Beach, CA 92663
$3,150,000
5102 Neptune Ave, Newport Beach, CA 92663View this property at 5102 Neptune Ave, Newport Beach, CA 92663
5102 Neptune AveNewport BeachCA92663
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Property Description
Here is the incredible beach paradise very rare income opportunity you have been looking for! This great property is all about location, location, location located smack in the middle of the Peninsula within steps to the beach, world class surfing and all the summer fun. This highly sought after rarely on the market large 3075 sq ft home is just steps from the beach and perfect for an owner-occupied investment property, rent both units or even apply for vacation rental permits. Two blocks from the beach you will be able to get top rental income no matter what rental path you choose. This great property boasts a huge upper unit of 4 beds and 2 baths and the lower is 2 beds and 2 baths. A giant four car garage with new garage door and opener is perfect space for all your tenants. The upper unit is extremely spacious with it's huge vaulted ceilings and great front porch for people watching and enjoying those cool summer nights. The freshly remodeled lower unit is very open and airy with a great private back patio to enjoy the beautiful Newport weather. The property also has a new roof, garage door and opener. This rarely available type of property is priced to sell so it won't last long. Don't miss this opportunity.
Full Property Details
Full Property Details for 5102 Neptune Ave
General
- Sold For: $3,150,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-252781
- Added to Site: 417 day(s) ago
Interior
- Interior Features: Cathedral-Vaulted Ceilings, Open Floor Plan, Living Room Deck Attached, Living Room Balcony, High Ceilings (9 Feet+)
- Cooking Appliances: Gas
- Flooring: Tile, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Garage
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Exterior
- Deck/Patio: Balcony, Concrete Slab, Living Room Balcony, Living Room Deck Attached, Enclosed, Open Patio
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Attached, Driveway, Garage - 4+ Car
Location
- Area: West Newport - Lido
- County: Orange
- Driving Directions: PCH to Neptune
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: In Street
- Water: Public
- TV Service: Cable TV
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- # Buildings: 1
- Architectural Style: Traditional
- Exterior Const.: Wood Siding
- Roof: Asphalt
- Disability Access: None
- Stories/Levels: 2
- Square Feet: 3,075
- Sq. Ft. Source: Owner
- Year Built: 1973
- Year Built Source: Vendor Enhanced
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
- Units w/Carpet: 1
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 4
Additional Structures
- Other Structures: None
Lot Features
- Property View: Peek-a-Boo, Ocean
- Lot Size (Acres): 0.0691
- Lot Size: 3010
- Lot Size Source: Vendor Enhanced
- Lot Features: Beach Access, Park Nearby
- Lot Description: Walk Street
Financial Considerations
- Price Per Sq. Ft.: $1,089.43
- Assessment Year: 1973
- Owner Pays: Water
- Tenant Pays: Electricity, Gas, Trash Collection
Disclosures and Reports
- Disclosures/Reports: None
- APN: 424-504-08
Listed by Cal Mutual Inc, Shane Dailey
Sold by City Bancorp Inc., Novelle Shakeel-Campoli
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Schools
Schools serving 5102 Neptune Ave
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1327 W Balboa Blvd, Newport Beach, CA 92661 | K-6 | 1.8 mi | |
2000 Cliff Dr, Newport Beach, CA 92663 | 7-8 | 1.5 mi | |
600 Irvine Ave, Newport Beach, CA 92663 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5102 Neptune Ave
Date
Details
Price
Change
Source
11/20/2023
Sold
$3,150,000
-5.97%
MLS
4/24/2023
Price Reduced
$3,350,000
-4.29%
MLS
3/21/2023
Listed
$3,499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5102 Neptune Ave, Newport Beach, CA 92663 (MLS# 23-252781) is a Multi-Family property that was sold at $3,150,000 on November 20, 2023. Want to learn more about 5102 Neptune Ave? Do you have questions about finding other Multi-Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.