603 E Balboa Boulevard

Newport Beach, CA 92661

List Price

$2,495,000

Price Change

▼ $105,000 1498882056

Status

ACTIVE

MLS#

LG16707164

Year Built

1991

Days on Market

367

Property Type

Commercial

Property Sub Type

Mixed Use

Property Description

A one of a kind 3 story live/work space in the heart of Balboa, with amazing views of the ocean, bay, Balboa Pavilion and the sparkling lights across the water. This unique contemporary building features retail space and garages for 6 cars on the ground floor. Live and work just steps from restaurants, shopping, beachside activities, the Balboa Pier, the historic Newport Pavilion, and the charming Balboa Ferry. The top two floors consist of a 3 bedroom, 3 bath home with two fireplaces and indoor and outside staircases, flexible floor plan and expansive decks off of both levels to enjoy the panoramic vistas and ocean breezes. So many uses- ideal for an owner/user as a full time home above your business, a perfect beach getaway or a short or long term rental with lots of upside potential. Projected rent of $7000 for residence, $2200 retail/office.

This is ideal for an owner/user- as a full time home above your business or the perfect beach getaway, just steps to all Balboa has to offer!
Built in 1991, this is the first time on the market, and a rare find!
Please call today for further information or to arrange a private showing.

Additional Information

Taxes

$8,544

Lot Description

Carbon Monoxide Detector(s), Smoke Detector

Heat

Central Furnace

Cooling

Yes

Roof

Shingle

Water

Public

Water Features

Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

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Calculator source: Real Geeks

Listing courtesy of Victoria Lee from HOM Sotheby's International Re

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.