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Sold for $3,600,000 on 03/06/23
  • Listing Provided by: 

    Mark Bridge DRE #01316702 Mark.Bridge@cushwake.com,

    Mark Bridge, Broker

    Bought with: Mark Bridge, Broker
    $3,600,000

    800 Amigos Way, Newport Beach, CA 92660

    9beds
    11baths
    6,519sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $552/sqft
    $2,985 Estimated rent

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    What's special

    This pride of ownership, legacy asset, is in an ‘A Location’ next to Big Canyon Country Club, Corona Del Mar High School, Eastbluff Elementary, Our Lady Queen of Angels, and Fashion Island. 800-808 Amigos Way in Newport Beach is a 5-unit complex nestled atop a beautifully landscaped hillside above the street. Built in 1971, the property offers an excellent unit mix and range of floorplans, including two 2 bed 2.5 bath townhomes, two 2 bed 2 bath units, and one 1 bed 1 bath unit. These spacious units far exceed the average one- and two-bedroom square footage. The one bedroom is over 1,000 square feet and the two bedrooms average 1,378 square feet. Four of the units have fireplaces and each unit has two covered carports with parking storage cabinets. All units have private patios or balconies, separate hot water heaters, and separate gas and electric meters. The property has pitched roofs and a clean on-site laundry room. The property’s Class A location in Newport Beach puts the property near major retail, educational and employment opportunities. 800-808 Amigos Way is short walk to CDM High School, Marian Bergeson Aquatics Center, and Our Lady Queen of Angels Catholic Church. You can also quickly get to Eastbluff Elementary School, Newport Beach Tennis Club, the nearby Ralphs and CVS shopping center, and the Upper Newport Bay. The property is also conveniently located between Pacific Coast Highway & CA-73, allowing residents to easily access the Southern California region and beyond. Additionally, the building is less than 5 miles from Balboa Island, the University of California Irvine, Corona Del Mar State Beach, John Wayne Airport, and Fashion Island, which includes nationally recognized and popular local retail stores and eateries. This offering gives an investor the unique opportunity to acquire an asset in a robust and well-located market.

    Zillow last checked: 8 hours ago

    Listing updated: March 07, 2023 at 09:00am

    Listing Provided by:

    Mark Bridge DRE #01316702 Mark.Bridge@cushwake.com,

    Mark Bridge, Broker

    Bought with:

    Mark Bridge, DRE #01316702

    Mark Bridge, Broker

    Source: CRMLS,MLS#: OC23000475MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 11
    Appliances
    • Included: Gas Oven, Gas Range, Microwave, Water Heater
    • Laundry: Common Area
    Features
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 6,519
    • Total interior livable area: 6,519 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Assigned, Covered, Carport
    • Carport spaces: 10
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: Association
    Lot
    • Size: 0.30 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 44010105
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports
    Location
    • Region: Newport Beach
    • Subdivision: ,Eastbluff

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,048 annually
    • Amenities included: Clubhouse, Pool
    • Association name: East Bluff Apartment Owners
    Other financial information
    • Total actual rent: 12480

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan