128 27th Street, Newport Beach, CA 92663

$1,699,000
List Price
$1,699,000
Price Change
▼ $51,000 1502224851
Status
ACTIVE
MLS#
OC17159295
Year Built
1922
Lot Size
1,742
Lot Location
0-1 Unit/Acre
Days on Market
135
Property Type
Multifamily
Stories
Two Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

The quintessential, remodeled, 1922 cottage-style, beach home everyone is looking for. This single-family residence has been split into two units with a common laundry room and shared half bathroom. It is a positive cash flow property with the perfect Balboa Peninsula location. It is found on the beach side of Balboa Blvd, just a few houses from the sand, and across from Jack’s Surf Shop shopping center and the famous Woody’s Wharf. It is just minutes from the freeways (55,73,405), John Wayne Airport, shopping at Fashion Island, and South Coast Plaza, and within easy distance to Disneyland, Knott’s Berry Farm, and Anaheim Convention Center. The property has a newer roof and French windows. The front, lower unit boasts a quaint, white railed front porch with seating to enjoy the passersby and street views. Recently remodeled with Travertine tile, new paint, newer bathrooms, newer granite kitchen counters, appliances and more. Its approximately 1,200 square foot floor plan includes 2 bedrooms and 1 bathroom (plus a shared half bath). The upper unit is approximately 900 square feet with an open and airy floor plan. It was remodeled just a few years ago and includes 2 bedrooms and 1 bathroom (plus a shared half bath). This unique property affords the opportunity to live in the lower unit while renting the upper unit. Newport Beach is well known for the finest restaurants, beaches, shopping, and home to many stars and professional Athletes. Life at its finest.

Additional Information

Tract Number
512
Lot Description
Sidewalks
Appliances
Built In Range, Dishwasher, Gas Range, Refrigerator, Water Heater Unit
Pool Description
None
View
Neighborhood
Garage Spaces Total
2
Water
Public
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Wyn Dee Swartz from Coldwell Banker Res. Brokerage

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.