NEWPORT BEACH owner financing home - a multi family property (8 beds, 5 baths)

Rare Investment Opportunity in Newport Beach Seller Financing Availablen nThis is your chance to secure a premier coastal asset with immedite cash flow and flexible terms! Take control of this prime duplex with just a $1.5M non-refundable deposit and 4% interest-only for 12 months. Buyer receives all rental incomeapprox. $260K per yearto offset holding costs. A $3.7M balloon payment is due at the end of the first year. Immediate cash flow and full operational control from day one!n ncommit;nBuilt in 2020 and fully furnished, this eight bedroom, seven bathroom property sits at the top of the Balboa Peninsula, just moments from the beach. It includes two transferable short-term rental permits and a strong income history. The rear unit offers five bedrooms and three-and-one-half baths, garage access, a bonus room, and a rooftop deck with ocean and city views. The front unit features three bedrooms, two-and-one-half bathrooms, and a charming porch on 32nd Street.n nWith central air conditioning, premium finishes, and parking for four, this turn-key property is just a short stroll to Lido Marina Village, top restaurants, the bayfront, and more. Embrace this rare low-entry opportunity ...

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to live the coastal lifestyle or own a high-performing rental asset in one of Southern Californias most desirable markets.This owner financing home is a multi family property located in NEWPORT BEACH. It offers 0.05 acres in size, 8 beds and 5 baths. Review its detailed information and determine if this NEWPORT BEACH owner financing has the qualities you are looking for.  

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This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.