$1,195,000
$1,195,000
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5025 River AVE #2 Newport Beach, CA 92663
Key Details
Sold Price $1,195,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP18168864
Sold Date 09/14/18
HOA Y/N No
Year Built 1965
Property Description
PRICE REDUCED and we are now the lowest priced condo on the Newport Beach Peninsula. This remodeled upstairs condo features three bedrooms, three bathrooms, two patios, a rooftop deck with ocean views and approximately 2000 sqft of living space. Offering two full kitchens, both feature stainless steel appliances, stunning granite countertops and designer cabinetry. Beach friendly travertine floors in the kitchen and living area complete this perfect weekend getaway and or fabulous dual rental opportunity. Unique to this property is a one car garage and oversized carport that can fit up to two cars, a luxury at the beach! 5025 River is located one block to Newport's best beaches and surf spots and just a short bike ride to world-class restaurants. Currently leased as a two bedroom two bath and a one bedroom one bath. Both units are on month to month agreement and below market value.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Ensuite Laundry Inside, Laundry Closet
Interior
Interior Features Wet Bar, Balcony, Ceiling Fan(s), Granite Counters, Bar, All Bedrooms Up
Laundry Location Inside,Laundry Closet
Heating Central
Cooling None
Flooring Stone
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside, Laundry Closet
Exterior
Garage Carport, Door-Single, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Good Condition, Stucco Wall, Vinyl
Pool None
Community Features Sidewalks, Park
Utilities Available Cable Available, Electricity Available, Sewer Connected, Water Connected
Waterfront Description Beach Access
View Y/N Yes
View City Lights, Coastline, Ocean, Peek-A-Boo
Parking Type Carport, Door-Single, Garage
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot, Near Park, Sprinkler System
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 93061455
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with RENEE GELINAS • REALTY MASTERS & ASSOCIATES