Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
44
$2,610,888
$2,495,000
4.6%
Est.Price: ?

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6 BD
5 BA
2,791 SqFt

1114 W Balboa BLVD Newport Beach, CA 92661

Est. payment /mo
SOLD DATE : 06/27/2024

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Key Details

Sold Price $2,610,888

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,791 sqft

Price per Sqft $935

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP24116442

Bedrooms 6

Full Baths 5

Year Built 1949

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. Don?t miss out on this unique and lively investment opportunity in an unbeatable location.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Type None

Laundry In Garage

Exterior

Exterior Feature Awning(s)

Parking Features Garage, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence None

Pool None

Community Features Curbs, Gutter(s), Sidewalks, Urban

View Y/N Yes

View City Lights

Roof Type Flat

Building

Lot Description Walkstreet

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Arthur Dorr • Balboa Realty • 9495009832
Bought with Yolla Zogheib • Century 21 Masters

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Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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