Newport Beach, CA 92661,421 E. Balboa Blvd
Newport Beach, CA 92661,421 E. Balboa Blvd
Newport Beach, CA 92661,421 E. Balboa Blvd
$2,350,000
Est. payment /mo
Est.Price: ?

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3,049 Sqft Lot
SOLD DATE : 01/03/2024

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID SB23130417

Year Built 1972

Lot Size 3,049 Sqft

Property Description

Outstanding investment opportunity in the "Balboa Fun Zone" BTV. Each unit boasts 3 beds and 1 3/4 baths with 1250 room sqft BTV. Upstairs unit has been remodeled with open kitchen and vaulted ceilings. Both units show well and are ready for owner user or tenants. 3 car attached garage in a parking starved community!!! Seller has conducted a pre-sale general inspection which is included in MLS supplements. Top unit is rented on a month to month basis, bottom unit is currently being used for showing purposes. Single water meter, which owner pays. Separate electric and gas meters, which are paid for by tenant. Buyer is advised to check with city for the opportunity to add a 3rd level to this 2 story structure for potential views and additional income. Property is being sold as-is in it's present condition.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Heating Forced Air

Cooling None

Flooring Carpet

Fireplaces Type None

Laundry In Garage

Exterior

Exterior Feature Rain Gutters

Parking Features Assigned

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Fishing, Suburban, Sidewalks, Water Sports

Utilities Available Electricity Connected

View Y/N No

View None

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gary Kooba • Vista Sotheby?s International Realty • 310-722-2007
Bought with Sarah Lynch • Re/Max One

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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