CA > Newport Beach > Harbor Highlands I (Hh01)
Newport Beach, CA 92660,2316 La Linda
Newport Beach, CA 92660,2316 La Linda,Video Tour
Newport Beach, CA 92660,2316 La Linda
35
See all 34 photos
$3,325,000
Est. payment /mo
Save Virtual Tour
4 Beds
8,100 Sqft Lot
Price Dropped by $100K

2316 La Linda Newport Beach, CA 92660

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
3
Nov
Tue
4
Nov
Wed
5
Nov
Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Harbor Highlands I (Hh01)

MLS Listing ID LG25251367

Bedrooms 4

Lot Size 8,100 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Turn-key, newly renovated 2,214 sq ft single-family home on a huge 8,100 sq ft flat, rectangular cul-de-sac lot in prime Newport Beachcash-flow on day one with multiple value-add exits. Major capital items are DONE: new plumbing, new roof, new central A/C, dual-pane windows & doors, new kitchen, two heavily renovated baths + one renovated, new LVP floors, extensive recessed lighting, fresh interior & exterior paint, and a drywalled/finished garage with epoxy flooring. Bright, airy layout with 3 bedrooms downstairs plus a large upstairs bonus room currently used as a legal second primary suite. A giant backyard anchors the quiet cul-de-sac locationideal for outdoor living and future expansion. Income & Upside: Long-term lease potential in the $12,000$15,000/month range; mid-term furnished (36 months) targets $25,000/month for executive/relocation stays. ADU potential adds another cash-flow lever, with a backyard ADU concept at $200,000 generating $4,000/month in additional rent. Two proven value-add plays: (1) Add Square Footage (RTI): City-approved, shovel-ready plans to add ~1,0001,200 sq ft; modeled ROI 45% and $1.0$2.0M target profit (current underwriting upside $1.9M). (2) Scrape & Build New: Pursue a 6,000 sq ft custom (guidelines allow up to 8,500 sq ft). Area new construction has supported $1,900+/sf, with modeled ROI 70%+ (mid-case 72%) and $4.4$5.6M profit potential. Location: Short walk to Upper Newport Bay (Back Bay) trails; the beach is a bike ride away; minutes to Fashion Island and John Wayne Airport with fast 73/55/405 access. Within family friendly Newport-M

Location

State CA

County Orange

Zoning Assessor

Direction 23 rd off Santa ana

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 11933237

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://my.matterport.com/show/?m=NrAvj6C2de3

MLS Router / San Diego MLS
Listed by John Mussen John Mussen, Broker

GET MORE INFORMATION

Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Patty Doyle, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2316 La Linda

QUICK SEARCH
There are 24 quick searches