1114 W Balboa Boulevard, Newport Beach, CA 92661

$2,495,000
6
BD
5
BA
2,791
SqFt
List Price
$2,495,000
Status
ACTIVE UNDER CONTRACT
MLS#
NP24116442
Year Built
1949
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,791
Lot Size
3,049
Acres
0.07
Lot Location
Walkstreet
Days on Market
6
Property Type
Multifamily
Style
Mid-Century Modern
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California's premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space. Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You're only steps away from Newport's world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula. All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.

Additional Information

Appliances
Microwave, Refrigerator
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
City Lights
Exterior Construction
Stucco, Wood Siding
Patio
Deck
Roof
Flat
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Ensign
High School
Newport Harbor
Interior Features
Tile Counters
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Arthur Dorr (artie@gobalboa.com) from Listing Office: Balboa Realty.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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.