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Key Details
Sold Price $3,175,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LG21198212
Sold Date 11/03/21
Bedrooms 5
HOA Y/N No
Lot Size 4,045 Sqft
Property Description
Located in the heart of Balboa Island less than one block from the beach, this charming multi-unit property sits on an extra wide lot and poses a wonderful opportunity. The front, single level main unit consists of 3 bedrooms and 2 bathrooms, with a living room with soaring wood beamed ceilings and cozy fireplace, dining room with beautiful built-ins, and kitchen with updated appliances and ample storage space. There is a spacious gated front patio and back patio with plenty of room for entertaining, storing surfboards and kayaks, etc. The upper back unit features one bedroom and one bathroom with a large living/dining room, kitchen with vintage banquette, and its own balcony. Additionally, there is a one bedroom one bath Owner's Unit (studio with no kitchen) with the possibility to easily expand the one bedroom unit to two bedrooms. The attached 2-car garage is well-equipped for parking and storing all of your beach toys. Ideal location with close proximity to the beach and famed downtown Balboa Island with shops, restaurants, and more.
Located in the heart of Balboa Island less than one block from the beach, this charming multi-unit property sits on an extra wide lot and poses a wonderful opportunity. The front, single level main unit consists of 3 bedrooms and 2 bathrooms, with a living room with soaring wood beamed ceilings and cozy fireplace, dining room with beautiful built-ins, and kitchen with updated appliances and ample storage space. There is a spacious gated front patio and back patio with plenty of room for entertaining, storing surfboards and kayaks, etc. The upper back unit features one bedroom and one bathroom with a large living/dining room, kitchen with vintage banquette, and its own balcony. Additionally, there is a one bedroom one bath Owner's Unit (studio with no kitchen) with the possibility to easily expand the one bedroom unit to two bedrooms. The attached 2-car garage is well-equipped for parking and storing all of your beach toys. Ideal location with close proximity to the beach and famed downtown Balboa Island with shops, restaurants, and more.
Location
State CA
County Orange
Area Oc - Newport Beach (92662)
Zoning Assessor
Exterior
Exterior Feature Brick, Stucco
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional
Space Rent $4,195
Listing Terms Cash, Conventional
Financing Cash
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Bought with Donald Abrams • Abrams Coastal Properties