302 Kings Road

302 Kings Road
Kings Road (KGRD)
Newport Beach CA 92663
Offered at: $1,445,000
Status: Active

Contact:
Allan Heller
949.395.9966

Possible harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine Company leased land. Purchase price for the land is $1,685,250 -- good until Oct. 1, 2020. Lease ends 9/30/2038. Yearly lease amount is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house/tear down) and the option to purchase the land for $1,445,000. The home and the land prices together total $3,130,250. Being sold as is with no repairs or warranties by seller. All cash buyer is requested as the home may not be suitable for financing due to the condition.
Property Features
General
  • Year Built: 1950
  • Bedrooms: 3
  • Bathrooms Total: 3
  • Living Area: 2624.00 Sq Ft
  • Lot Size: 7370 Sq Ft
  • Levels: One
  • Property Sub Type: Single Family Residence
  • Has HOA?: No
Interior
  • Interior Features:
  • Cooling: None
  • Heating: Central Furnace
  • Accessibility Features:
  • Appliances:
  • Laundry: In Garage
  • Room Type: All Bedrooms Down
  • Fireplace Features: None
  • Flooring:
Exterior
  • Has Pool?: No
  • Pool Features: None
  • Has Spa?: No
  • Spa Features:
  • Common Walls: No Common Walls
  • Architectural Style:
  • Has View?: Yes
  • View: See Remarks
  • Exterior Features:
  • Waterfront Features:
  • Parking Total: 2
  • Has Attached Garage?: Yes
  • Garage Spaces: 2
  • Carport Spaces: 0
  • Uncovered Spaces: 0
  • Parking Features:
School Information
  • High School District: Newport Mesa Unified
  • High School:
  • Middle or Junior School:
  • Elementary School:
Listing Information
  • Listing Id: NP20189345
  • Listing Agent: Manny Stellino (00912924)
  • Listing Office: Villa Real Estate
Listing data is updated every hour and was last updated on Fri, Sep 25, 2020 at 15:16:33 (America/Los_Angeles). All displayed listing data comes from the California Regional Multiple Listing Service, Inc. (CRMLS). 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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