Newport Beach, CA 92661,421 E. Balboa Blvd
Newport Beach, CA 92661,421 E. Balboa Blvd
Newport Beach, CA 92661,421 E. Balboa Blvd
$2,350,000
Est. payment /mo
$2,550,000
7.8%
Est.Price: ?

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3 Beds
2 Baths
3,049 Sqft Lot
SOLD DATE : 01/03/2024

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23130417

Sold Date 01/03/24

Bedrooms 3

HOA Y/N No

Lot Size 3,049 Sqft

Lot Dimensions 30 x 95

Property Description

Outstanding investment opportunity in the "Balboa Fun Zone" BTV. Each unit boasts 3 beds and 1 3/4 baths with 1250 room sqft BTV. Upstairs unit has been remodeled with open kitchen and vaulted ceilings. Both units show well and are ready for owner user or tenants. 3 car attached garage in a parking starved community!!! Seller has conducted a pre-sale general inspection which is included in MLS supplements. Top unit is rented on a month to month basis, bottom unit is currently being used for showing purposes. Single water meter, which owner pays. Separate electric and gas meters, which are paid for by tenant. Buyer is advised to check with city for the opportunity to add a 3rd level to this 2 story structure for potential views and additional income. Property is being sold as-is in it's present condition.
Outstanding investment opportunity in the "Balboa Fun Zone" BTV. Each unit boasts 3 beds and 1 3/4 baths with 1250 room sqft BTV. Upstairs unit has been remodeled with open kitchen and vaulted ceilings. Both units show well and are ready for owner user or tenants. 3 car attached garage in a parking starved community!!! Seller has conducted a pre-sale general inspection which is included in MLS supplements. Top unit is rented on a month to month basis, bottom unit is currently being used for showing purposes. Single water meter, which owner pays. Separate electric and gas meters, which are paid for by tenant. Buyer is advised to check with city for the opportunity to add a 3rd level to this 2 story structure for potential views and additional income. Property is being sold as-is in it's present condition.

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Zoning Assessor

Interior

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Acceptable Financing Exchange

Space Rent $3,550

Listing Terms Exchange

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San Diego Regional MLS (SDMLS)
Listed by Gary Kooba • Vista Sotheby’s International Realty
Bought with Sarah Lynch • Re/Max One
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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