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Key Details
Sold Price $3,700,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP23025528
Sold Date 06/12/23
Bedrooms 9
HOA Y/N No
Lot Size 3,193 Sqft
Lot Dimensions 31x103
Property Description
FIRST TIME ON THE MARKET IN 50 + years. 913 W Balboa Blvd. This Tri-plex is located on the Balboa Peninsula with Great walkability to the Balboa Pier and local restaurants and is situated one building in from the board walk / sand. Ideal for the investor or the individual looking to live in one unit and rent out the others. Each floor has a three-bedroom 2 bathroom, with patios/balconies along with oversized bedrooms and Views from the roof top deck. Relaxation and entertaining is ideal on the patios. The units on the second floor has a peek a boo view out towards the Ocean. The unit on the 3rd floor has views of the Ocean and of the Bay. When you go up onto the roof top deck. you have clear 360 degree views up and down the coast. Unit A on the ground floor was completely updated in a few years back. Unit B & C need to be updated. All units have been rented constantly. Highly desirable area. Property is being sold as is! Tenants are all month to month Showings with acceptable offers only. Great potential for weekly summer rental etc etc. Buyer to verify with the city of Newport on property qualifications for short term rentals. Sellers reserves the Escrow & Tittle companies. Seller will consider all reasonable offers!
FIRST TIME ON THE MARKET IN 50 + years. 913 W Balboa Blvd. This Tri-plex is located on the Balboa Peninsula with Great walkability to the Balboa Pier and local restaurants and is situated one building in from the board walk / sand. Ideal for the investor or the individual looking to live in one unit and rent out the others. Each floor has a three-bedroom 2 bathroom, with patios/balconies along with oversized bedrooms and Views from the roof top deck. Relaxation and entertaining is ideal on the patios. The units on the second floor has a peek a boo view out towards the Ocean. The unit on the 3rd floor has views of the Ocean and of the Bay. When you go up onto the roof top deck. you have clear 360 degree views up and down the coast. Unit A on the ground floor was completely updated in a few years back. Unit B & C need to be updated. All units have been rented constantly. Highly desirable area. Property is being sold as is! Tenants are all month to month Showings with acceptable offers only. Great potential for weekly summer rental etc etc. Buyer to verify with the city of Newport on property qualifications for short term rentals. Sellers reserves the Escrow & Tittle companies. Seller will consider all reasonable offers!
Location
State CA
County Orange
Area Oc - Newport Beach (92661)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 3
Lot Size Range 1-3999 SF
Level or Stories 3 Story
Others
Space Rent $4,300
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Steven "Bud" Mastropaolo • eXp Realty of Southern Ca, Inc