603 E Balboa Boulevard

Newport Beach, CA 92661

List Price

$2,495,000

Price Change

▼ $105,000 1498882706

Status

ACTIVE

MLS#

LG16712340

Year Built

1991

Lot Size

2,565

Lot Location

Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit, Park Nearby

Days on Market

338

Property Type

Multifamily

Style

Contemporary

Property Sub Type

Commercial/Residential

Stories

Three Or More Levels

Neighborhood

Balboa Peninsula (Commercial) (Bpcd)

Property Description

A rare 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. The top two floors consist of a 3 bedroom, 3 bath home with two fireplaces, indoor and exterior staircases, a flexible floor plan and expansive decks off of both levels to enjoy the panoramic vistas and ocean breezes. Live and work just steps from restaurants, shopping, beachside activities, the Balboa Pier, the historic Newport Pavilion, and the charming Balboa Ferry. 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. Just steps to all Balboa has to offer! Built in 1991, this is the first time on the market, and a rare find.

Call for a private showing or more information regarding this one of a kind jewel!

Additional Information

Tract Number

104

Lot Description

Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting

Appliances

Dishwasher, Garbage Disposal, Gas Stove, Gas Water Heater, Microwave

Pool Description

None

Fireplace Description

Living Room, Gas, Gas Starter

Heat

Forced Air

Cooling

Yes

Cooling Description

Central

View

Bay, City Lights, Harbor, Neighborhood, Ocean, Water

Roof

Shingle

Garage Spaces Total

6

Sewer

Sewer Paid

Water

Public

Attached Structure

Detached

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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.