$3,325,000

2316 La Linda, Newport Beach, CA 92660

  • 4 beds
  • 2,314 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,437/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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 Beach-cash-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 location-ideal for outdoor living and future expansion. Income & Upside: Long-term lease potential in the $12,000–$15,000/month range; mid-term furnished (3–6 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 ~1,000–1,200 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

Listing Status:
Active
Date Added:
October 31, 2025 at 05:00AM
Listing Office:
John Mussen, Broker : 949-218-0280
Listing Agent:
John Mussen : 949-218-0280
MLS ID:
CRLG25251367
  • General: Energy Star Lighting
  • Appliances: Tankless Water HeaterENERGY STAR Qualified Appliances
  • Laundry: In Garage
  • Flooring: Vinyl
  • A/C: Central AirOtherENERGY STAR Qualified Equipment
  • Heating: Central
  • Disability Feature: Accessible DoorsAccessible Hallway(s)Other
  • Eco/Green Feature: OtherAppliancesDoorsThermostatWater Heater
  • General: Back YardFront YardSprinklers AutomaticSprinklers Front
  • Parking: Int Access From GarageOther
  • Windows: ENERGY STAR Qualified Windows
  • HOA Amenities: 0.0
  • County: Orange
  • Zoning: 11933237

This listing courtesy of John Mussen, John Mussen, Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kaiser Elementary School

2130 Santa Ana Ave, Costa Mesa, CA, 92627

Grades 3-6

0.44 miles away

M

Monte Vista High/Cloud Campus

390 Monte Vista Ave, Costa Mesa, CA, 92627

Grades KG-12

0.48 miles away

E

Early College High School

2990 Mesa Verde Dr E, Costa Mesa, CA, 92626

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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