Lorri Quiett
562 682 9582562 682 9582

1320 W Balboa Boulevard, Newport Beach, CA 92661 (MLS # PW19032550)

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PRICE $2,688,888
BEDS n/a
BATHS 0 baths
HOME SIZE 2,373 sq ft
LOT SIZE 3,049 sqft

One Year Renovation Project is Completed! Great opportunity to own TWO TURNKEY condition BEACH HOMES in A lot in the heart of the Balboa Peninsula! Situated just steps away from both the beach and bay. Steps away from world renown surf spot "The Point" and "Balboa Pier", Newport Elementary School is near by. The property consists of two DETACHED buildings with a spacious patio in between. The entire buildings were renovated from top to bottom and inside and outside except few parts. Total of Three Units, possible to convert into FOUR UNITS. Front building consists of 1020 sf. one story unit with 3BR/2BA, porch, private side patio, laundry room is INSIDE of the unit. Top unit of the Rear Building has a brand new 505 sq. ROOF TOP DECK w/ beautifully FURNISHED 802 sf. 3BR/2BA and rear balcony, and bottom unit has 168 sf. 1BR/1BA but NO Kitchen, the second laundry area is inside of the garage. Each units have their own private patios for their outdoor entertainment, have fun while staying brand new cozy beach home! It offers total of 4 (FOUR) PARKING SPACES on the property, 386 sf. of 2 car garage and 2 carport spaces and plenty of the street parking spaces are available. High Income potential property as the city ALLOWS SHORT TERM RENTAL PERMIT. It is legal R-2 zone and occupancy group is R3/U. Brand new wall mounted A/Cs+Heaters are installed in EVERY rooms which will reduce the electricity bills. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.

OPEN HOUSE
Sunday, February 24, 2019 1:00:00 PM to 4:00:00 PM

DAYS ON MARKET 12 LAST UPDATED 2/19/2019
TRACT Balboa Peninsula (Residential) (BALP) YEAR BUILT 2018
COMMUNITY Balboa Peninsula GARAGE SPACES 2.0
COUNTY Orange TOTAL PARKING 4
STATUS Active PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Free Standing Range, Garbage Disposal, Microwave, Refrigerator, Tankless Water Heater, Water Heater Unit
ASSESSMENTS Unknown
BUILDINGAREAUNITS Square Feet
CARPORTSPACES 2.00
COMMONWALLS No Common Walls
COMMUNITYFEATURES Sidewalks
COOLING Electric, See Remarks, Zoned
ELECTRIC Standard
ELEVATIONUNITS Feet
FENCING Wood
FIREPLACEFEATURES None
FLOORING See Remarks
GARAGESPACES 2.00
HEATING Electric, See Remarks, Zoned
INTERIORFEATURES Copper Plumbing Full, Copper Plumbing Partial, Furnished, Partially Furnished
LANDLEASEYN 0
LAUNDRYFEATURES Dryer Included, In Garage, Inside, Washer Included
LEVELS One, Two
LISTAGENTSTATELICENSE 01894473
LOTFEATURES 2-5 Units/Acre
LOTSIZESOURCE See Remarks
LOTSIZEUNITS Square Feet
MLSAREAMAJOR NP - Balboa Peninsula
OTHERSTRUCTURES Two On A Lot
PARCELNUMBER 04723328
PARKINGFEATURES Carport Attached, Garage, Garage - Rear Entry, Garage - Single Door, Garage Door Opener
POOLFEATURES None
PRICEPERSQUAREFOOT 1133.12
PROPERTYCONDITION Turnkey, Updated/Remodeled
PROPERTYTYPE Residential Income
ROOF Asphalt, Shingle
ROOMTYPE Great Room, Main Floor Bedroom
SEWER Public Sewer
SPAFEATURES None
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER 234
UTILITIES Sewer Connected
VIEW Peek-A-Boo, Water
WATERSOURCE Public
WINDOWFEATURES Double Pane Windows

ZESTIMATE
$3203402  1320 W Balboa Boulevard, Newport Beach, CA

RENT ZESTIMATE
$3800 / mo.  1320 W Balboa Boulevard, Newport Beach, CA

51 Somewhat Walkable



 
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Listing provided by : Frances Lee License # 01894473, Frances Lee Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2/23/19 7:47 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information