Description
Check out this exciting investment opportunity located in the heart of newport beach's balboa island! this unique property is just steps to quaint marine avenue with its array of shops and restaurants, providing a convenient and vibrant lifestyle. three units in total - two 3-bedrooms with 2-baths each and an upper studio with loft and rooftop access. the lower unit comes with a short-term rental permit, making it an ideal income-generating property. enjoy breathtaking city and harbor views from the rooftop deck, perfect for entertaining or simply relaxing and taking in the scenery. don't miss out on this rare opportunity to own a piece of balboa island real estate with endless potential. one (1) active transferable short term lodging permit (lower unit only)
Property Type
ResidentialCounty
OrangeStyle
ResidentialAD ID
48299995
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 5
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Interior Features: Ceiling Fan(s),Loft
- Property Appliances: Dishwasher
- Fireplace: Living Room
- Flooring: Carpet,Tile
Cooling Features
- None
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1959
- Roof: Composition
Pool Features
- None
Laundry Features
- In Carport
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.06
- Lot Size Source: Assessor
- Lot Size Square Feet: 2614
-
Listing Information
Listing Price Information
- Original List Price: 3,695,000
- Listing Contract Date: 2024-09-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 05017226
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: N9 - Lower Newport Bay - Balboa Island
- Postal Code Plus 4: 1208
- Directions: Marine Ave turn right on Park.
- Source Property Type: Residential
- Area: N9 - Lower Newport Bay - Balboa Island
- Property SubType: Duplex
Building and Construction
- Property Age: 66
- Common Walls: 1 Common Wall
- Structure Type: Duplex
- Year Built Source: Assessor
- Total Square Feet Living: 2596
- Entry Level: 1
- Entry Location: front of Bldg
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Duplex
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BuyOwner last updated this listing 01/21/2025 @ 05:52
- MLS: NP25006168
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is recently sold, it has 2,596 sqft, 2,614 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Newport Beach , in zip code 92662, this Orange County Home , it is in the Balboa Island - Main Island (BALM) Subdivision, are nearby neighborhoods.