128 27th Street, Newport Beach, CA 92663

$1,750,000
List Price
$1,750,000
Status
ACTIVE
MLS#
OC17159295
Year Built
1922
Lot Size
1,742
Lot Location
0-1 Unit/Acre
Days on Market
9
Property Type
Multifamily
Stories
Two Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

Remodeled 1922 cottage style beach home everyone is looking for!! This Single Family Residence has been split into 2 units with a common laundry and shared extra 1/2 bath. It is a positive cash flow property in the perfect location on Balboa Peninsula!! On the beach side of Balboa Blvd, so only a few houses from the sand and across form Jack's Surf Shop shopping center and the famous Woody's Wharf. Just minutes from (405, 55, 73 and 5) freeways, Orange County John Wayne Airport, Fashion Island, and South Coast Plaza. Also, close to Disneyland, Knott's Berry Farm, Anaheim Convention Center. The front downstairs unit has the white picket fence porch to watch all the passerbys. It was recently remodeled with travertine tile, new paint, newer bathrooms, newer kitchen counters, appliances and more!! The lower unit is approx. 1200 sf with 2 bedrooms and 1 bath (plus the 1/2 bath shared). The upper unit, with a great open, airy floorplan and also remodeled only a few years back, is a little over 900 sf, with 2 bedrooms and 1 bath has a long time amazing tenant that would love to stay. The lower unit would be perfect if you want that beach house with someone else helping to pay the mortgage! Newport Beach is well known for the finest restaurants, beaches, shopping, and home to many stars and professional Athletes. Life at it's 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
Years

Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of 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.