UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $1,574
MLS Listing ID OC24204441
Style Townhome
Bedrooms 6
Full Baths 5
Half Baths 1
HOA Y/N No
Year Built 1983
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Townhome
Property Description
INVESTOR ALERT**TWO SIDE BY SIDE STAND-ALONE Modern Cape Cod homes with 2 Highly Coveted TRANSFERABLE SHORT TERM RENTAL PERMITS* The wait list on these permits are long. Currently there are over 600 applicants on the list and people have waited for years and may not even get one. We have TWO. There are some areas that are not zoned for short term rentals so if you own in those areas, you will not be able to get a permit. **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 Transferable STR permits. Waits for permits as long as 3 years. - **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 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, professionally managed. An investor packet detailing the breakdown of revenue and expenses is available. Whether you're looking for a luxurious family residence, an income-generating property OR BOTH, 204 44th Street offers unparalleled potential and value.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Cooling Central Forced Air
Fireplaces Type FP in Living Room
Laundry Garage
Exterior
Garage Spaces 4.0
View Neighborhood
Total Parking Spaces 4
Building
Lot Description Curbs
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 3 Story
Others
Monthly Total Fees $44
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Standard

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Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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