Newport Beach, CA 92661,109 E Balboa Boulevard
Newport Beach, CA 92661,109 E Balboa Boulevard
Newport Beach, CA 92661,109 E Balboa Boulevard
$2,900,000
Est. payment /mo
$3,300,000
12.1%
Est.Price: ?

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6 Beds
3 Baths
2,139 Sqft Lot
SOLD DATE : 11/19/2021

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NP21175359

Sold Date 11/19/21

Bedrooms 6

HOA Y/N No

Lot Size 2,139 Sqft

Property Description

Opportunity awaits! Located one house off the boardwalk, this three story TRIPLEX is a great investment opportunity. Designed and built by Svend Nielsen, known for SoCal landmarks such as Discovery Cube and The Forum. Each unit has 2 bedrooms, 1 bath and in unit laundry. All three units have private outdoor space and there are 2 spaces for parking in the carport. A separate, private shower room is located on the ground floor. The carport area includes a custom built bike locker, along with locked storage areas. Equipped with a Tesla solar panel system and a 30 year roof that was replaced in 2016. The automated blinds, thermostats, home and security system can be controlled by the smart home hub. Long term renters are currently in place with stable income and room to increase rents. Dont miss this fantastic opportunity for an investor either looking for solid income now or for an exciting remodel project.
Opportunity awaits! Located one house off the boardwalk, this three story TRIPLEX is a great investment opportunity. Designed and built by Svend Nielsen, known for SoCal landmarks such as Discovery Cube and The Forum. Each unit has 2 bedrooms, 1 bath and in unit laundry. All three units have private outdoor space and there are 2 spaces for parking in the carport. A separate, private shower room is located on the ground floor. The carport area includes a custom built bike locker, along with locked storage areas. Equipped with a Tesla solar panel system and a 30 year roof that was replaced in 2016. The automated blinds, thermostats, home and security system can be controlled by the smart home hub. Long term renters are currently in place with stable income and room to increase rents. Dont miss this fantastic opportunity for an investor either looking for solid income now or for an exciting remodel project.

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Zoning Public Rec

Exterior

Roof Type Composition

Building

Lot Description Sidewalks

Story 3

Lot Size Range 1-3999 SF

Level or Stories 3 Story

Others

Space Rent $4,100

Financing Cash

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Baylee Leavitt • White Sail Realty
Bought with QIN ZHOU • KINGSTON REALTY
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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