219 32nd Street, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$3,500,000
219 32nd Street, Newport Beach, California 92663
0Bed
0Bath
2,112Sqft
2,375Lot
Year Built
1988
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25136714
Home ConditionGood
Features
Deck
Patio
View-
About this home
Situated in one of the best locations in the exclusive Newport Beach Balboa peninsula. Both units have been remodeled. The lower unit features 2 bedrooms on the first floor and the master bedroom on the second floor, 2 bathrooms and a front Patio, in-unit washer dryer and 2 car garage parking space. Upper unit Features 3 bedrooms, 2 bathrooms and a balcony and 2 car garage parking space. Both units have their own fireplaces in the living room, Located near the beach, shops, restaurants, bike paths, and all that beach city living has to offer
Price History
Date
Event
Price
06/18/25
$3,500,000
Condition Rating
Good
Built in 1988, the property has undergone significant remodels in both units, as stated in the description. The lower unit features very modern updates, including a kitchen with white shaker cabinets, stainless steel appliances, and contemporary bathrooms with stylish vanities and tile work, suggesting renovations within the last 5 years. The upper unit's kitchen and bathroom appear clean and well-maintained, with updated white cabinets and granite countertops, though the style might be slightly older (likely renovated within the last 10-15 years). Overall, the property is move-in ready with minimal wear and tear, and major systems appear functional, aligning with a 'Good' condition score.
Pros & Cons
Pros
Prime Coastal Location: Situated in the exclusive Balboa Peninsula of Newport Beach, offering immediate access to beaches, shops, restaurants, and bike paths, enhancing lifestyle and investment value.
Dual Unit Income Potential: Comprises two separate, remodeled units (2-bed/2-bath and 3-bed/2-bath), providing excellent potential for rental income, multi-generational living, or a combination of owner-occupancy and rental.
Recent Remodels: Both units have been recently remodeled, ensuring modern finishes and reducing immediate renovation costs for a new owner.
Individual Unit Amenities: Each unit benefits from desirable features such as a fireplace, dedicated 2-car garage parking, and private outdoor spaces (front patio for lower, balcony for upper), adding to tenant or owner appeal.
Versatile Property Type: Listed as 'Mixed Use,' offering flexibility for various investment strategies or owner-occupancy scenarios in a highly desirable coastal market.
Cons
Limited Lot Size: The 2,375 sqft lot is relatively compact, which may limit outdoor living space or future expansion opportunities compared to properties with larger footprints.
Age of Original Structure: Built in 1988, the property's underlying structure is over 35 years old. While remodeled, potential buyers may need to consider the age of major systems not explicitly mentioned as updated.
Absence of Central Air Conditioning (Implied): The property description does not mention a cooling system, which is common for older coastal homes but could be a significant drawback for comfort during warmer periods, potentially impacting rental demand or resale value.