Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
45
$2,610,888
$2,495,000
4.6%
Est.Price: ?

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3,049 Sqft Lot

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

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP24116467

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 Laminate, 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 Biking, Curbs, Sidewalks, Urban

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected

Waterfront Description Across the Road from Lake/Ocean,Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View City Lights

Roof Type Flat

Building

Lot Description Walkstreet

Story 2

Sewer Public Sewer

Water Public

New Construction No

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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