2834 Catalpa Street, Newport Beach

$1,199,000

4 Beds
3 Baths
2,499 Sqft
.24 Acres
2 Garages

GOLDEN OPPORTUNITY! Enjoy cool ocean breezes and easy access to famous Newport Beach back bay hiking, biking, and horse riding trails. Just a few steps to award-winning Corona del Mar high school. Magnificent floor plan with tremendous potential boasting a bedroom and full bath downstairs plus an office or second bedroom, 3 bedrooms and 2 baths upstairs in almost 2,500 square feet on an over 10,000 square feet lot. Opportunity for a discounted home in the heart of popular Eastbluff in Newport Beach. 2384 Catalpa is on Irvine Company leased land at approximately $400 per month until 2038 or you may pay off lease for $775,000, as of today . . . however, the price may go down. The lease is appraised quarterly so the payoff varies and can go up or down, depending on the overall real estate market. Golden opportunity to see what happens in the next 18 years and possibly pay off the lease at the bottom of the market. You choose when you wish to pay off the lease. Enjoy cool ocean breezes and easy access to famous Newport Beach back bay hiking, biking, and horse riding trails. Steps to award-winning Corona del Mar high school. Magnificent floor plan with tremendous potential boasting a bedroom and full bath downstairs plus an office or second bedroom, 3 bedrooms and 2 baths upstairs in almost 2,500 square feet on an over 10,000 square feet lot.

Essential Information
MLS® #OC19197236
Price$1,199,000
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage2,499
Acres0.24
Year Built1964
TypeResidential
Sub-TypeSingle Family
StatusActive
Community Information
Address2834 Catalpa Street
AreaEast Bluff - Harbor View (NV)
SubdivisionEastbluff - Lusk (EBLK)
CityNewport Beach
CountyOrange
StateCA
Zip Code92660
Amenities
Parking Spaces2
# of Garages2
ViewTrees/Woods View
PoolNone
Interior
HeatingCentral Furnace
CoolingWall or Window Units
FireplaceYes
FireplacesFamily Room
# of Stories2
StoriesTwo
Exterior
Lot DescriptionLot 10000-19999 Sqft
School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedAugust 21st, 2019
Days on Market219
HOA Fees0.00
Listing Details
AgentMike Dunn(01235272)
OfficeColdwell Banker Platinum Prop
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $1,349,000 to $1,199,000
Price Reduced from $1,499,000 to $1,349,000

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Based on information from California Regional Multiple Listing Service, Inc. as of March 27th, 2020 at 10:36pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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