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100 Scholz
For Sale $749,000
$749,000
- Units
- Unknown Sq Ft
- 258,727 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $749,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1971 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 93676179 |
| MLS # | DW25247619 |
| Property ID | 322301810 |
| Lot Sqft | 258,727 |
| Zoning | Unknown |
| Days on Market | 132 |
| Original List Price | $749,000 |
| Date Updated | November 05, 2025 |
| Date Created | October 26, 2025 |
| Land Value Unit Type | SF |
| Unit # | Beds | Baths | Use Type | Area RSF | Available | Current Rent | Proforma Rent |
| Unit #1 | — | Yes | $4,500 | $0 |
Listing Provided By
Soheil Naimi an agent of . Lic #01926620
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 05, 2025 The 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.
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Robert Crawford
REAL ESTATE AGENT