204 44th Street 204 44th Street Newport Beach, California 92663 United States

INVESTOR ALERT**TWO SIDE BY SIDE STAND-ALONE Modern Cape Cod homes with 2 Highly Coveted TRANSFERABLE SHORT TERM RENTAL PERMITS* Welcome to 204 44th Street, CASA SURF with TWO fully furnished extraordinary Modern Cape Cods 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 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 groupsThis 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.

Listing Courtesy of Compass, Email/Phone : 310-422-6926