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1114 W Balboa Boulevard Newport Beach, CA 92661
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Key Details
Sold Price $2,610,888
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP24116467
Bedrooms 6
Lot Size 3,049 Sqft
Property Description
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.
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.
Location
State CA
County Orange
Area Oc - Newport Beach (92661)
Zoning Public Rec
Exterior
Exterior Feature Stucco, Wood
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Monthly Total Fees $86
Acceptable Financing Cash, Conventional
Space Rent $2,565
Listing Terms Cash, Conventional
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Bought with Yolla Zogheib • Century 21 Masters