USACANewport BeachVersailles (Vers)Apt-205-100 Scholz Plz
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APT-205-100 Scholz Plz, Newport Beach, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$749,000

000

MLS® DW25247619

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Business Opportunity
Size -
Garage No
HOA Fees 
Taxes 
Days Active 103
Approx. Age 1971
MLS® Number DW25247619

Property Address: apt-205-100 Scholz Plz, Newport Beach, CA, 92663-2629

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberDW25247619
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1971
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All furnishings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 26, 2025List Date
$749,000List Price
  • Commute

Commute

Starting Address
Destination Address
100 Scholz Plz, Newport Beach, CA

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