Newport Beach, CA 92661,1114 W Balboa Boulevard
Newport Beach, CA 92661,1114 W Balboa Boulevard
Newport Beach, CA 92661,1114 W Balboa Boulevard
$2,610,888
Est. payment /mo
$2,495,000
4.6%
Est.Price: ?

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6 Beds
5 Baths
3,049 Sqft Lot
SOLD DATE : 06/27/2024

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

Sold Date 06/27/24

Bedrooms 6

HOA Y/N No

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

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Monthly Total Fees $86

Acceptable Financing Cash, Conventional

Space Rent $2,565

Listing Terms Cash, Conventional

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 Arthur Dorr • Balboa Realty
Bought with Yolla Zogheib • Century 21 Masters
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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