These charming 1920's Spanish bungalows consist of four studio apartments w/ potential second story bay views if you were to rebuild. Each unit features a spacious living/sleeping area, kitchen with eat-in-area, closet space and full bath. The front unit features a spacious patio with views of the sand. Located in the highly desirable Newport Peninsula this property can be an opportunity for short term vacation renters or long term tenants. This amazing location, just two blocks from the ocean and a half block from the harbor, provides the best of Peninsula living for tenants - close proximity to restaurants, shops, bars, fun zone, boating, and fishing. Current rents are substantially below market.