Newport Beach, CA 92663 1805 Clay Street
$3,595,000
22 more
Presented By: Timothy Carr with Pacific Sotheby's Int'l Realty; 949-631-9999
Baths • 1
SQFT • 2,445
Garage • 3
Home Details
PRICE REDUCED!! We are pleased to present the sale of 1805 Clay Street, a turnkey 3-unit multifamily property situated in the prestigious Newport Heights neighborhood, located in Newport Beach. The property consists of (3) recently renovated 2 bedroom / 1 bathroom units. Two (2) units are currently leased at market rent. Each unit has been highly remodeled boasting a bright modern living space with white shaker cabinets, quartz countertops, vinyl flooring, stainless steel appliances, spa like bathrooms, and large private patios. Each unit has central AC, in-unit laundry, dual pane windows, tankless water heaters, recessed lighting, Ring doorbells, private single car epoxy coated garage space and are conveniently separately metered for gas and electricity. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to parks, top rated schools, beaches, and all the amenities 17th street has to offer!
Presented By: Timothy Carr with Pacific Sotheby's Int'l Realty; 949-631-9999
Interior Features for 1805 Clay Street
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
FlooringVinyl
Heating Y/NYes
Laundry FeaturesInside
Total Stories1
Window FeaturesDouble Pane Windows
Other Rooms
Entry Level1
General for 1805 Clay Street
Additional Parcels Y/NNo
AppliancesBuilt-In Range, Dishwasher, Gas Cooktop, Refrigerator
Architectural StylePatio Home
Building Area UnitsSquare Feet
CityNewport Beach
Community FeaturesBiking, Park, Street Lights
CoolingCentral Air
CountyOrange
DirectionsIrvine and Clay
Electric Expense1200
Entry Location1
Fuel Expense
Garage Spaces3
Garage Y/NYes
Gross Income
HeatingCentral
Insurance Expense3500
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional
Lot Size Square Feet7266
Lot Size UnitsSquare Feet
MLS AreaN6 - Newport Heights
MaintenanceExpense2250
Net Operating Income108157
New ConstructionNo
Number Of Units Total3
Operating Expense47998
Pool FeaturesNone
PostalCityNEWPORT BEACH
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameNewport Heights (NEWH)
Tax Lot18
Taxes$37,748
Trash Expense0
ViewNone
Water Sewer Expense1200
Year Built1955
Year Built SourceEstimated
Exterior for 1805 Clay Street
Building Area Total2445
FencingVinyl
Lot FeaturesSprinkler System
Lot Size Acres0.1668
Lot Size Area7266
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®