2316 La Linda, Newport Beach, CA 92660
Local realty services provided by:ERA North Orange County Real Estate
2316 La Linda,Newport Beach, CA 92660
$3,325,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:john mussen
Office:john mussen, broker
MLS#:LG25251367
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,325,000
About this home
Turn-key, newly renovated 2,214 sq ft single-family home on a huge 8,100 sq ft flat, rectangular cul-de-sac lot in prime Newport Beachcash-flow on day one with multiple value-add exits. Major capital items are DONE: new plumbing, new roof, new central A/C, dual-pane windows & doors, new kitchen, two heavily renovated baths + one renovated, new LVP floors, extensive recessed lighting, fresh interior & exterior paint, and a drywalled/finished garage with epoxy flooring. Bright, airy layout with 3 bedrooms downstairs plus a large upstairs bonus room currently used as a legal second primary suite. A giant backyard anchors the quiet cul-de-sac locationideal for outdoor living and future expansion. Income & Upside: Long-term lease potential in the $12,000$15,000/month range; mid-term furnished (36 months) targets $25,000/month for executive/relocation stays. ADU potential adds another cash-flow lever, with a backyard ADU concept at $200,000 generating $4,000/month in additional rent. Two proven value-add plays: (1) Add Square Footage (RTI): City-approved, shovel-ready plans to add ~1,0001,200 sq ft; modeled ROI 45% and $1.0$2.0M target profit (current underwriting upside $1.9M). (2) Scrape & Build New: Pursue a 6,000 sq ft custom (guidelines allow up to 8,500 sq ft). Area new construction has supported $1,900+/sf, with modeled ROI 70%+ (mid-case 72%) and $4.4$5.6M profit potential. Location: Short walk to Upper Newport Bay (Back Bay) trails; the beach is a bike ride away; minutes to Fashion Island and John Wayne Airport with fast 73/55/405 access. Within family friendly Newport-M
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Home facts
- Listing ID #:LG25251367
- Added:2 day(s) ago
- Updated:November 03, 2025 at 12:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
Heating and cooling
- Cooling:Central Forced Air
Finances and disclosures
- Price:$3,325,000
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