Property Detail

100 Scholz

Newport Beach CA 92663

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$729,000

Status: Active

Property Details

Description

Step into a high-performing, established business asset in the heart of Newport Beach. This newly remodeled condo isn't just a luxury residence; it’s a fully operational Short-Term Rental (Mid Term) business ready for a seamless "Day 1" handover. This acquisition includes the property, established business, all high-end furnishings, and personal property. • Performance: Consistently generates an average income of $4,500/month with near-zero vacancy year-round. • Boasts an Airbnb Superhost Resort-Style Amenities The community draws by offering a secure, high-end environment that includes: • Large swimming pool, Jacuzzi, and dry sauna. • Modern fitness room and clubhouse. • Gated underground parking with elevator access. Premier Coastal Location • Beach & Recreation: Just a short stroll to world-class surfing, the peninsula's sandy beaches, and aquatic sports. • Located directly next to Hoag Hospital, providing a consistent draw for traveling medical professionals and high rental demand. • Minutes from the upscale boutiques, Dining, Culture, and Entertainment ________________________________________ Turnkey & Managed: To ensure your success, the seller is offering to continue managing the Airbnb business post-sale.

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