4015 Marcus AVE Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $1,915
MLS Listing ID LG24202674
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1950
Lot Size 3,014 Sqft
Property Description
Welcome to 4015 Marcus Avenue, a rare and captivating property located in the heart of Newport Island in Newport Beach. This unique opportunity offers not only a remodeled and updated residence but also the potential to design and build your dream modern custom home on this prime piece of real estate. With sunset-facing views and a private dock, you can enjoy the luxury of keeping your own Duffy or larger boat right at your waterfront doorstep. Imagine cruising along the tranquil waters, soaking in stunning sunsets, or indulging in the beauty of Newport Harbor.
The existing home is beautifully remodeled, offering 5 bedrooms, 4 bathrooms, and 2 kitchens across two separate units. Whether you choose to live in the entire house, rent out one unit while residing in the other, or lease both for income-generating potential, the flexibility is unparalleled. This property is a perfect blend of lifestyle and investment, providing an opportunity to enjoy a waterfront lifestyle while generating a steady income stream.
For those with an eye toward the future, this lot offers the perfect canvas to design and build a modern custom home enhancing the property’s value and making it truly one-of-a-kind. The serene waters of Newport Harbor are ideal for paddle boarding and other water activities, and the thriving Newport Beach community provides a coastal lifestyle like no other. With nearby access to Peninsula beaches, Lido Marina Village, upscale shopping, and premier dining at Fashion Island, you’ll experience the best of both worlds—a peaceful retreat with easy access to all Newport has to offer.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Main Level Bedrooms 2
Interior
Interior Features Eat-in Kitchen
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop,Disposal,Refrigerator
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Partial
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Water Connected
View Y/N Yes
View Bay
Roof Type Composition
Accessibility None
Porch Open,Patio
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Dwelling Type Duplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42305303
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard
Lease Land No