Newport Beach, CA 92663 4005 Seashore
$10,995,000
23 more
Presented By: Tara McNabb with Compass; [email protected]
Home Details
Featuring TWO highly coveted SHORT TERM RENTAL PERMITS, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five bedrooms and 3 baths. Guests will enjoy walking out to a large beachfront patio downstairs and a spacious ocean-view deck on the top floor. Both units are open and bright, and they showcase upgrades including wood-look wide-plank tile flooring, crown molding and granite bath surrounds. Fashionable kitchens display quartz countertops, peninsulas with waterfall-style edges, stainless steel appliances and white Shaker cabinetry. Property also comes with coastal approved plans for a third floor roof deck addition. The duplex’s outstanding location is destined to be a big attraction for short-term renters. Not only is it directly on the sand, it is close to Lido Marina Village, Fashion Island, golf, parks and world-famous surf spots.
Presented By: Tara McNabb with Compass; [email protected]
Interior Features for 4005 Seashore
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Laundry FeaturesInGarage
Total Stories2
Other Rooms
Entry Level1
General for 4005 Seashore
AccessibilityParking
Additional Parcels Y/NNo
AppliancesGasRange, Refrigerator
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate2.57
Carport Y/NNo
CityNewport Beach
Community FeaturesWaterSports
CoolingNone
CountyOrange
Days on Market27
Directions40th to Seashore
Electric Expense7600.0
Entry Location1
Fuel Expense800.0
Garage Spaces2.0
Garage Y/NYes
Gross Income550000.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet2490.0
MLS AreaNP - Balboa Peninsula
MaintenanceExpense6000.0
MobileHomeRemainsYNNo
Net Operating Income300000.0
New ConstructionNo
Open Parking Spaces1.0
Operating Expense250000.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameSeashore
Subdivision NameBalboa Peninsula (Commercial) (BPCD)
Tax Lot3
Taxes$117,000
Total Units2
Trash Expense600.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense1800.0
Waterfront FeaturesBeachAccess, BeachFront, OceanAccess, OceanFront
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
Exterior for 4005 Seashore
Building Area Total3032.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.0572
Lot Size Area2490.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480