$2,395,000 - 4233 Dana Road, Newport Beach

  • 0Beds
  • Baths
  • 4,305SQ. Feet
  • 0.14Acres

We are pleased to present a charming 4-unit multi-family property located in Newport Beach, CA. The newly renovated subject property contains one 3-bedroom / 2-bathroom unit, two 2-bedroom / 2-bathroom units, and one 2-bedroom / 1.5-bathroom unit and consists of 4,305 rentable square feet spread throughout a 6,132 square foot lot. This property is stabilized with solid rents but has upside with top of the line furnishes. Owners enjoy the high demand for rentals in a coastal city of Southern California, while tenants enjoy living a short distance to local beaches, shopping, restaurants and nightlife in Newport Beach, Lido Isle, and Downtown Costa Mesa. Newport Beach is a highly sought after rental market. With a limited rental stock and great demographics. The average household income in Newport Beach is currently $119,379 and even with an average income roughly 40% higher than the Orange County average, renting is still more affordable than buying a home in Newport Beach where the median property value is $1.7 million.

Sales Agent

Sam Smith TeamLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:PW19173873
  • Price:$2,395,000
  • Bathrooms:0.00
  • Square Footage:4,305
  • Acres:0.14
  • Year Built:1965
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:4233 Dana Road
  • Area:Wrigley Area (5)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92663

Amenities

  • Parking Spaces:4
  • # of Garages:4

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:2-5 Units/Acre

Additional Information

  • Date Listed:July 22nd, 2019
  • Days on Market:55
  • Zoning:R3

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Provided By: Kevin King(01158184), Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of September 16th, 2019 at 5:54pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.