Newport Beach, CA 92661,1216 W Balboa BLVD
Newport Beach, CA 92661,1216 W Balboa BLVD
Newport Beach, CA 92661,1216 W Balboa BLVD
$4,683,000
Est. payment /mo
Est.Price: ?

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6,098 Sqft Lot
SOLD DATE : 06/01/2021

Key Details

Sold Price $4,683,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID CV21029693

Year Built 1949

Lot Size 6,098 Sqft

Property Description

NEWPORT BEACH 7 UNIT ON THE BALBOA PENINSULA. THIS TROPHY PROPERTY IS LOCATED IN THE HEART OF NEWPORT BEACH. FEATURES A DOUBLE LOT, ON-SITE LAUNDRY ROOM, GARAGES AND PARKING SPACES INCLUDED. CURRENT OWNER HAS 7 AirBnb LICENSES. FOUR 2 BEDROOM 2 BATH AND THREE 2 BEDROOM 1 BATH UNITS. UNITS ARE CURRENTLY ON MONTH TO MONTH OR YEARLY LEASES.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by STEVE GOMEZ • RE/MAX TIME REALTY
Bought with Matthew Firth • Matthew Firth, Broker

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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