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Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID PW22072638
Year Built 1958
Lot Size 2,613 Sqft
Property Description
Darling beach home with two units in separate structures. Front unit is a 2 bedroom, 2 bath cottage style beach home with private back patio space while the rear unit is a 2 bedroom, 1 bath open plan second floor unit with a private deck at the front door and sits above a 2 car alley accessed garage. There is also a non-conforming adorable studio on the ground floor contiguous to the 2 car garage. Great opportunity for income with long term tenancy, as well as short term vacation rentals, or even a full remodel for a custom home or two condos. With the ocean and sand in view just outside the front door, it is ideally located with only a two minute walk to the beach and five minute walk to the bay side. Restaurants, shopping, a Pavilions grocery store are all just a short walk away. Coin operated laundry units in garage. A fantastic location on the Newport Beach Peninsula. Please do not disturb tenants or walk on property.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Assigned, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Shingle
Building
Lot Description Near Public Transit, Rectangular Lot, Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with MICHAEL MUCINO • CAMDEN MCKAY REALTY
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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