$2,495,000
Contingent
11 Days Online
6 Beds5 Baths2,791 SQFT
Pending

1114 W Balboa Boulevard Newport Beach, CA 92661

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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. Dont miss out on this unique and lively investment opportunity in an unbeatable location.

  • Property TypeCondo
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site10 Days
  • MLS StatusContingent
  • MLS ID NumberNP24116442
  • Home Size Source N/A
  • Year Built1949
  • Lot Size0.07 Acres
  • Full Baths5
  • Partial BathsN/A

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General Features

  • Parking Garage Garage
  • Parking Garage Spaces 2
  • Sewer Public Sewer
  • Terms CashConventionalCash To New Loan
  • Stories 2 Story

Interior Features

  • Additional Rooms KitchenLaundry
  • Cooling N/K
  • Floors Linoleum/Vinyl
  • Equipment MicrowaveRefrigerator

Exterior Features

  • Water Public
  • Pool N/K
  • Siding StuccoWood
  • View City Lights
  • Roof Flat

Community Features

  • Accessibility Features Parking
  • Sales Restrictions Standard
  • Miscellaneous GuttersUrban
  • Spa N/K
  • Laundry Location Garage

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Monthly Payment (Est.)

$13,212
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