This is a great duplex south of PCH on a quiet street with excellent rental history. The 2 units have a history of producing an annual income of $85,000 per year. Front has 3 bedrooms/2 baths. Back unit has 2 bedrooms/1 bath over shared 2 car garage. Perfect Investment Duplex Property in the heart of CDM. Walking distance between CDM shops and the beach via the Goldenrod footbridge. Front unit is a beautiful 1300 sqft house recently remodeled. Back unit is a 750 sqft 2 bed/1 bath apartment with its own W/D hookup.
Off market
Zestimate®
$3,191,100
423 Fernleaf Ave, Newport Beach, CA 92625
5beds
2,050sqft
MultiFamily
Built in 1963
-- sqft lot
$3,191,100 Zestimate®
$1,557/sqft
$7,417 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Laminate
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,050 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Garage - Detached
Features
- Exterior features: Stucco, Wood, Brick
Lot
- Size: 3,540 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Newport Beach
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Estimated market value
$3,191,100