Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
Newport Beach, CA 92661,1114 W Balboa BLVD
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$2,610,888

$2,495,000

4.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

5 Baths

2,791 SqFt


SOLD DATE : 06/27/2024

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

Sold Date 06/27/24

Bedrooms 6

Full Baths 5

Construction Status Fixer

HOA Y/N No

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

Rooms

Main Level Bedrooms 3

Interior

Interior Features Tile Counters

Heating Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Microwave, Refrigerator

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

Accessibility Parking

Porch Deck

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Walkstreet

Faces South

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Construction Status Fixer

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04726316

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

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
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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