204 44th Street

Newport Beach, CA 92663

$7,000,000
Price
9
Beds
7
Baths
4,000 Sq. Ft.
$1,750 / Sq. Ft.
4,000
Sq. Ft.
$1,750
per Sq. Ft.

Description

*TWO SIDE BY SIDE STAND-ALONE Modern Cape Cods in Newport Beach with 2 Highly Coveted STR Permits**
Welcome to 204 44th Street, CASA SURF Alpha & Bravo TWO extraordinary Modern Cape Cod estates located in the heart of Newport Beach’s Peninsula. This unique property spans an impressive 4,000 square feet and features two standalone 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,
...*TWO SIDE BY SIDE STAND-ALONE Modern Cape Cods in Newport Beach with 2 Highly Coveted STR Permits**
Welcome to 204 44th Street, CASA SURF Alpha & Bravo TWO extraordinary Modern Cape Cod estates located in the heart of Newport Beach’s Peninsula. This unique property spans an impressive 4,000 square feet and features two standalone 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 outdoor 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. More photos on www.tower17properties.com

Listing Agent

  1. Khan Varnishung

    Khan Varnishung

    Listing Agent

    Compass

    DRE #01998154

    khan.v@compass.com

    P: (310)-422-6926

Property Details for 204 44th Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Owner
Living Area
4000
Assessor Parcel Number
423-295-05
LISTING UPDATED: 12/08/2024 09:14 AM

Property Details for 204 44th Street

StatusActive
MLS #OC24202880
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size0.07 AC / 3,049 SF
CountyOrange County

Virtual Tour

Building Information for 204 44th Street

Stories2Residences-Year Built1983Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 204 44th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $275,000
  • Gross Scheduled Income: $275,000
  • Net Operating Income: $247,500
Expense Details
  • Operating Expense: $0
  • Operating Expense Percent: 10.00%
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 143
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Park, Watersports
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Entry Location: North
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 204 44th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 204 44th Street

Taxable ValueLand$2,228,537Additions$233,465Total$2,462,002
Tax Record2024$26,452 ($2,204 / month)
Home Facts
Total Finished SqFt2,656 SqFtAbove Grade Finished SqFt2,656 SqFtStories2Lot Size2,522 SqFtStyleMulti-Family Dwelling (2-4)Year Built1983CountyORANGEAPN423-295-05

Schools near 204 44th Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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204 44th Street is a multi-family home for sale in Newport Beach, CA 92663. This property was listed for sale on October 2, 2024 by Compass, it's currently listed at $7,000,000. It has been on the market for a total of 84 days and was last sold on July 8, 2020. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 204 44th Street is a 9-bed, 7-bath, 4,000 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Khan Varnishung, DRE #01998154

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.