$3,799,000
Active
53 Days Online
2 Beds2 Baths432 SQFT
Active

1245 W Balboa Boulevard Newport Beach, CA 92661

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The current property consists of a beach cottage and a detached efficiency studio in the garage structure and 1 off street parking spot. The property is located off a large 20 ft. alley with a large approximately 31 ft wide X 102.5 ft long lot. The beach cottage was completely remolded (inside down to studs) in 2020 with new windows and new roof. The owners have City of Newport Beach fully approved construction drawings (permit ready) for a brand new 3-story Single Family Dwelling with 3 story glass elevator, (4 bed, each with its own full bath, plus 2- powder rooms, and an attached full ADU (Accessory Dwelling Unit) with its own entry and patio. The new construction will provide 4 off street parking spaces including an attached 2-car garage and 2-car carport. The main house will total 2924 SF plus the ADU of 533 SF. The new home has 2 decks off the 2nd level (1 with ocean views) and the 3rd level has an 852 SF roof deck area with powder room, appliances, BBQ and fire pit and designed for a hot tub. Ocean views from 2nd and 3rd levels.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site52 Days
  • MLS StatusActive
  • MLS ID NumberNP24127815
  • Home Size Source N/A
  • Year Built1924
  • Lot Size0.0731 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Parking Garage Spaces 0
  • Sewer Public SewerUnknown
  • Terms CashCash To New Loan
  • Stories 1 Story

Interior Features

  • Additional Rooms All Bedrooms Down
  • Water Heater Type Gas
  • Cooling N/K
  • Equipment DisposalMicrowaveRefrigeratorGas Range

Exterior Features

  • Water Public
  • Pool N/K
  • View N/K

Community Features

  • Sales Restrictions Standard
  • Miscellaneous Value in LandStorm Drains
  • Laundry Location Outside

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Monthly Payment (Est.)

$18,457
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