1320 W Balboa Boulevard

Newport Beach, CA 92661

List Price

$2,490,000

Status

ACTIVE

MLS#

PW19175633

Year Built

2018

Living Sq. Ft

2,373

Lot Size

3,049

Acres

0.07

Lot Location

2-5 Units/Acre

Days on Market

32

Property Type

Single Family Residential

Property Sub Type

Duplex

Stories

One, Two

Neighborhood

Balboa Peninsula (Residential) (Balp)

Property Description

Great opportunity to own NEWLY RENOVATED FURNISHED TURNKEY conditioned TWO BEACH HOMES in A lot in the heart of the Balboa Peninsula! Priced to sell! Hurry, it won't last! Currently operating as a Vacation Rentals with active short term rental permit in the city. Situated just steps away from the beach, bay, world renown surf spot "The Point", "Balboa Pier", Play ground, bike trail and many more beach entertainments. The property consists of two DETACHED buildings with a spacious patio in between. Front building consists of approximately 1020 sf. one story unit with 3BR/2BA, porch, private side patio, laundry room is INSIDE of the unit. Top unit of the Rear Building has a brand new 505 sq. ROOF TOP DECK w/ beautifully FURNISHED 802 sf. 3BR/2BA and rear balcony, and bottom unit has 168 sf. 1BR/1BA, and laundry in the garage. Each units have their own private patios, laundry and parkings. It offers total of 4 (FOUR) PARKING SPACES on the property, 386 sf. of 2 car garage and 2 carport spaces and plenty of the street parking spaces are available. It is a legal duplex in R-2 zone and it is a non conforming triplex--it can be used as three units. You can also live one unit and rent the other unit! Award Winning Newport Elementary School is right across the street. Brand new LG wall mounted A/Cs+Heaters are installed in EVERY rooms. Furniture, appliances, accessories to be sold separately. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.

Additional Information

Tract Number

234

Lot Description

Carbon Monoxide Detector(s), Smoke Detector(s), Sidewalks

Appliances

Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Tankless Water Heater, Water Heater

Pool Description

None

Fireplace Description

None

Heat

Zoned, Electric, See Remarks

Cooling

Yes

Cooling Description

Zoned, Wall/Window Unit(s), Electric, See Remarks

View

Peek-A-Boo, Water

Roof

Asphalt, Shingle

Garage Spaces Total

2

Sewer

Public Sewer

Water

Public

Attached Structure

Detached

Total Number of Units

2

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Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Frances Lee from Frances Lee Real Estate

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.