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$ 3,200,000
Est. payment | /mo
5 Beds
4 Baths
2,800 Sqft Lot
$ 3,200,000
Est. payment | /mo
5 Beds
4 Baths
2,800 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID NP26243551
Bedrooms 5
Lot Size 2,800 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
An exceptional opportunity to own a duplex in a prime corner location on Newport Beachs coveted Balboa Peninsula. Ideally situated approximately one block from the Pacific Ocean and public beach, as well as one block from Newport Harbor and the bay, this property places you right in the heart of the Newport Beach coastal lifestyle. Enjoy close proximity to the prestigious Newport Harbor Yacht Club and the shops, restaurants, and attractions of Balboa Village. With two spacious residences, desirable parking, and beautiful ocean views, the property presents an outstanding opportunity for an owner-user or investor alike. The upper-level residence features 3 bedrooms, 2 bathrooms, and approximately 1,440 square feet of living space. Highlights include an open-concept floor plan, vaulted ceilings, hardwood floors, and a spacious living and dining area. The ocean-view primary bedroom and private balcony with a stone deck provide the perfect setting to take in the coastal surroundings. Additional amenities include interior laundry and a two-car garage. The lower-level residence offers 2 bedrooms, 2 bathrooms, and approximately 1,024 square feet. This inviting unit features a fireplace, interior laundry, and a private ground-level stone patio deck, creating a wonderful extension of the living space. Parking includes a one-car garage and an additional partially covered carport space. Whether you choose to live in one residence while generating rental income from the other, accommodate extended family, or maximize the property's investment potential, the possibilities are abundant. I
Location
State CA
County Orange
Zoning Public Rec
Direction Take Balboa Blvd. down to 6th St. in between the Newport and Balboa Piers
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 04807114
Acceptable Financing Cash
Listing Terms Cash
Listed by Arthur Dorr, DRE#01899740 Balboa Realty
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