Rarely available 6 unit 6350 sf aparment building on a desirable 9620 sf lot in the prime Westcliff area of Newport Beach. All units are 2 Bedroom/2 Bath with 6 carports containing storage lockers. All unit have a patio or balcony and are individually metered for gas and electric. The building has a laundry room. Long term tenants with low rents. At market rents the gross scheduled income is $126,000 with a gross rent multiplier of 21.4 x gross. Actual rents are $106,560.
