204 44th Street Newport Beach, CA 92663

Multi-Family (2-4 Units) MLS #: OC24204441 Courtesy Of Compass

$7,000,000

6 beds | 5 baths | 1 half baths | 4,000 sq ft
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Estimated monthly payments: $30,600/mo.* (recalculate)

Property InformationDescription

*TWO SIDE BY SIDE STAND-ALONE Modern Cape Cods in Newport Beach with 2 Highly Coveted STR Permits**

Live in the main house and rent out the back house! CASA SURF is an extraordinary Modern Cape Cod located in the heart of Newport Beach s Peninsula. This unique property spans an impressive 4,000 square feet and features TWO STANDALONE side by side homes seamlessly connected by stairs and a catwalk on one large lot.

**Main House:**

- **Size:** 2,700 sqft

- **Layout:** 4 Bedrooms, 4 Bathrooms

- **Highlights:** Spacious, open-concept living areas, gourmet kitchen, luxurious primary suite with a private beach view deck. The front house boasts a cool industrial roll-up glass door that opens up the home to your private front patio.

**Second House:**

- **Size:** 1,300 sqft

- **Layout:** 2 Bedrooms + Loft, 2 Bathrooms

- **Highlights:** Cozy yet modern design, additional living space ideal for guests or extended family, and a versatile loft area.

**Additional Features:**

- **Short-Term Rental Permits:** 2 STR permits

- **Parking:** 4-car garage

- **Furnishing:** Both homes are fully furnished and move-in ready

- **Turnkey Business:** Professionally managed with projected revenue of $275,000 annually

- **Custom Local Art:** Walls adorned with unique local artwork included

- **Outdoor Gear:** Paddle boards and surf gear included

- **Artistic Flair:** Cool custom mural painted by a renowned local artist

- **Prime Location:** Steps to the bay for launching your SUPs and just a block from Tower 44 Beach

- **Outdoor Amenities:** Private outdoor shower between both homes

- **Entertainment Space:** Entertainer's outdoor front patio lounge reminiscent of a beach club vibe in the Hamptons

- **Unique Features:** A cool spiral staircase leads you to the third-floor upper-level bedroom suite with a private bathroom and access to the deck

- **Private Entrances:** Homes have multiple private entrances

- **Rental Flexibility:** The homes can be rented individually or as one home for large groups

This property is more than just a home; it's a lucrative investment opportunity. An investor packet detailing the breakdown of revenue and expenses is available upon request. Whether you're looking for a luxurious family residence or an income-generating property, 204 44th Street offers unparalleled potential and value.

Don't miss out on this rare opportunity to own a piece of Newport Beach's finest real estate.
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Features

  • Age: 41-50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Heating System: Central Furnace
  • Rooms: Loft

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MAP & DIRECTIONS

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204 44th Street, Newport Beach, CA 92663
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School Information

204 44th Street, Newport Beach, CA 92663

Elementary School
Grades KG-6 | Public School
NEWPORT ELEMENTARY SCHOOL
Newport Beach, CA 92661
1327 W Balboa Blvd
949.­515.6965
Distance: 1.5 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
308
Middle School
Grades 7-8 | Public School
ENSIGN INTERMEDIATE SCHOOL
Newport Beach, CA 92663
2000 Cliff Dr
949.­515.6910
Distance: 1.2 mi
School Rating
A-
Student:Teacher Ratio
23:1
Total Students
977
High School
Grades 9-12 | Public School
NEWPORT HARBOR HIGH SCHOOL
Newport Beach, CA 92663
600 Irvine Ave
949.­515.6300
Distance: 1.4 mi
School Rating
B+
Student:Teacher Ratio
28:1
Total Students
2266
Other Nearby Schools Distance Type Grades School Rating
Carden Hall 0.7 mi Private PK-8
Newport Heights Elementary School 1.1 mi Public KG-6 B+
Whittier Elementary School 1.4 mi Public KG-6 C-
Harper 1.8 mi Public KG
Mariners Elementary School 2.0 mi Public KG-6 B+
Pomona Elementary School 2.1 mi Public KG-6 C
Victoria Elementary School 2.1 mi Public KG-6 C+
Rea Elementary School 2.2 mi Public KG-6 B-
John H. Eader Elementary School 2.3 mi Public KG-5 A
Page Academy 2.3 mi Private PK-8
Christ Lutheran School 2.3 mi Private PK-8
Woodland Child Devt Center 2.4 mi Private PK-5
Wilson Elementary School 2.4 mi Public KG-6 C-
Woodland Elementary School 2.4 mi Public KG-2
Estancia High School 2.6 mi Public 9-12 B-
The Waldorf School Of Orange County 2.6 mi Private PK-12
International School For Science And Culture 2.6 mi Public KG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newport Beach, CA 92663

Median Age: 46.6
Married: 37%
Number of Households: 9,436
Households with Children: 13.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.