100 Scholz, Newport Beach, CA 92663
sale
$749,000
|
Other
Courtesy Of Real Estate eBroker Inc.
This sale includes the established short-term rental business, all furnishings and personal property, and the real estate.
Turnkey acquisition - ready to generate income on Day 1.
This beautiful condo is more than a luxury vacation spot; it is a **high-performing, established business asset** situated for maximum rental demand.
The property has been operating on Airbnb for the past two years, and has now achieved a superhost status that will be transferred to the new owner. This eliminates the time, effort, and risk typically associated with launching a new STR operation. Seller is also offering to manage the Airbnb business after the sale.
Property is booked all year round with almost zero vacancy. The average rental income has been $4,500/month.
Premier Newport Beach Location: Steps from the beach, world-class surfing, Balboa Island, Fashion Island, and the entertainment hub of the Peninsula.
This property boasts a strong Gross Rent Multiplier of 13.87 and a pro forma NOI of \$40,884, translating to a **5.46% Cap Rate** a rare and competitive return for a prime coastal Orange County asset.
**LOW Operating Costs:** The **HOA fee (\$550/month) covers water, trash, and sewer.
Low-Maintenance, Premium Asset
* **Resort-Style Amenities:** The highly secure community provides a competitive advantage for STR listings, offering a large pool, Jacuzzi, dry sauna, fitness rooms, and gated underground parking.
Turnkey acquisition - ready to generate income on Day 1.
This beautiful condo is more than a luxury vacation spot; it is a **high-performing, established business asset** situated for maximum rental demand.
The property has been operating on Airbnb for the past two years, and has now achieved a superhost status that will be transferred to the new owner. This eliminates the time, effort, and risk typically associated with launching a new STR operation. Seller is also offering to manage the Airbnb business after the sale.
Property is booked all year round with almost zero vacancy. The average rental income has been $4,500/month.
Premier Newport Beach Location: Steps from the beach, world-class surfing, Balboa Island, Fashion Island, and the entertainment hub of the Peninsula.
This property boasts a strong Gross Rent Multiplier of 13.87 and a pro forma NOI of \$40,884, translating to a **5.46% Cap Rate** a rare and competitive return for a prime coastal Orange County asset.
**LOW Operating Costs:** The **HOA fee (\$550/month) covers water, trash, and sewer.
Low-Maintenance, Premium Asset
* **Resort-Style Amenities:** The highly secure community provides a competitive advantage for STR listings, offering a large pool, Jacuzzi, dry sauna, fitness rooms, and gated underground parking.
Read More About This Property
Read Less About This Property
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Architecture Style: Other
- MLSID: DW25247619
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
