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Step into a high-performing, established business asset in the heart of Newport Beach. This newly remodeled condo isn't just a luxury residence; it's a fully operational Short-Term Rental (Mid Term) business ready for a seamless "Day 1" handover. This acquisition includes the property, established business, all high-end furnishings, and personal property. "¢ Performance: Consistently generates an average income of $4,500/month with near-zero vacancy year-round. "¢ Boasts an Airbnb Superhost Resort-Style Amenities The community draws by offering a secure, high-end environment that includes: "¢ Large swimming pool, Jacuzzi, and dry sauna. "¢ Modern fitness room and clubhouse. "¢ Gated underground parking with elevator access. Premier Coastal Location "¢ Beach & Recreation: Just a short stroll to world-class surfing, the peninsula's sandy beaches, and aquatic sports. "¢ Located directly next to Hoag Hospital, providing a consistent draw for traveling medical professionals and high rental demand. "¢ Minutes from the upscale boutiques, Dining, Culture, and Entertainment ________________________________________ Turnkey & Managed: To ensure your success, the seller is offering to continue managing the Airbnb business post-sale.
| Last Updated | 4/21/2026 | Year Built | 1971 |
|---|---|---|---|
| Community | 699 - Not Defined | Garage Spaces | 1.0 |
| County | Orange |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric |
| HOA DUES | 550| |
| LOT | 5.9396 acre(s) |
| LOT DIMENSIONS | 258727 |
| POOL DESCRIPTION | Association |
| SEWER | Public Sewer |
| STORIES | 3 |
| WATER | Public |
Location
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