Help

320 Catalina Drive
Newport Beach, CA 92663

$1,675,000 
  • -- Beds
  • -- Baths
  • Residential Income
  • Active
320 Catalina Drive, Newport Beach - 211878674
320 Catalina Drive, Newport Beach - 211878675
320 Catalina Drive, Newport Beach - 211878676
320 Catalina Drive, Newport Beach - 211878677
320 Catalina Drive, Newport Beach - 211878678
320 Catalina Drive, Newport Beach - 211878679
320 Catalina Drive, Newport Beach - 211878680
320 Catalina Drive, Newport Beach - 211878681
320 Catalina Drive, Newport Beach - 211878682
320 Catalina Drive, Newport Beach - 211878683
320 Catalina Drive, Newport Beach - 211878684
320 Catalina Drive, Newport Beach - 211878685
320 Catalina Drive, Newport Beach - 211878686
320 Catalina Drive, Newport Beach - 211878687
320 Catalina Drive, Newport Beach - 211878688
320 Catalina Drive, Newport Beach - 211878689
320 Catalina Drive, Newport Beach - 211878690
320 Catalina Drive, Newport Beach - 211878691
320 Catalina Drive, Newport Beach - 211878692
320 Catalina Drive, Newport Beach - 211878693
320 Catalina Drive, Newport Beach - 211878694

Property Description for 320 Catalina Drive, Newport Beach CA 92663

Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses, one on Catalina and one on La Jolla. Price includes plans for 2 homes, one at 3400 sq ft, another with 2583 sq ft with 2 car garage each! Currently has (2) 3 bedroom, 2 bath homes with a 3 car garage and large, street to street lot, where you can build TWO homes! This large R-2 zoned duplex on a huge street to street lot! This home in the coveted Newport Heights community, is a great opportunity for home buyers and investors alike. Could be a great starter home, let the other unit help pay the mortgage! Walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! Who needs a Car???? This is a great opportunity to own and live in the main house and offset your mortgage by renting out the above garage apartment $$. Or flip it? Homes in this neighborhood sell up to the $4 million dollar range. For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. Centrally located between beaches, the harbor, shopping, dining and the airport, all well below market value. This home is priced to sell, do not miss out! *Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Newport Beach
  • State: CA
  • Zip: 92663
  • Area: N6 - Newport Heights
  • County: Orange
  • Class: Residential Income
  • Stories: 2
  • Fireplaces: Yes
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Lot Sq Ft Apx: 6534.00
  • Garage: 3.00
  • Year Built: 1973
  • Listing#: NP17074275
  • HOA Fee: 0.00
  • Parcel Number: 42538220
  • List Date: 4/7/2017
  • Last updated on: 9/20/2017

Property Features for 320 Catalina Drive, Newport Beach CA 92663

  • Year Built: 1973
  • Community Features: Urban
  • Lot Desc: 0-1 Unit/Acre
  • Pool: None

Additional Information for 320 Catalina Drive, Newport Beach CA 92663

  • Gross Income: 5400.00
  • Subdivision: Newport Heights (Newh)
Courtesy of Antony Shaw, Seaside Realty And Investment
Copyright 2017, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.