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Listing 5 out of 500
Sold for $1,600,000 Sold

211 E Balboa Boulevard
Newport Beach, CA 92661

2 units | Multi Family Home
2614 sq ft - MLS# NP18245897
Property Photo

Sold

Sold for $1,600,000 on Dec 4, 2018

Description

OWNER SAYS SELL!!! Zoned for Short term stays. Charming and updated duplex just one home away from the sand! So cute with its white picket fence, 'sail' gate and covered entry! The front cottage is a three bedroom three bathroom home with updated flooring, two downstairs bedrooms, each with a bath, one featuring a jacuzzi bathtub. The cozy fireplace is the highlight of the Living room, attached to dining area and open kitchen. Also, enjoy the stacked washer/dryer inside your home! Upstairs, find your Master suite featuring a fireplace, spacious sitting area and private bath. Adorable front dutch door to enjoy that lovely ocean breeze from inside or from your front porch & patio! The back cottage above the completely renovated two car garage is a one bedroom one bathroom suite with a full kitchen and living/dining room! The back cottage enjoys peek-a-boo views of the ocean, don't forget... there is only one home separating you and the sand! Great for investment, live in the front and rent out the back for some additional income or rent both homes out for a combined monthly rent of $5,860 ($70,320 annually). This perfectly situated cottage beach house is just moments away from the Balboa Funzone, both Balboa and Newport Piers, lots of restaurants, shopping and of course, steps to the sand! Submit all offers!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,695,000
  • Zip Code: 92661
  • Year Built: 1943
  • Subdivision/Neighborhood: Balboa Peninsula (Residential) (Balp)
  • Style: Cottage
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 2.00
  • Fireplace: Family Room,Master Bedroom, Yes
  • Lot Size: 2614 sq ft
  • Accessibility: 2+ Access Exits
  • View: Peek-A-Boo, Yes
  • Waterfront: Ocean Side of Freeway,Ocean Side Of Highway 1
  • Area: NP - Balboa Peninsula
  • Appliances: Dishwasher, Garbage Disposal
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2500.00
  • Building Area Units: Square Feet
  • Community Features: Sidewalks, Street Lighting
  • Country: US
  • Directions: Ocean side of Balboa Blvd. Cross Streets: Medina and Coronado
  • Door Features: Double Door Entry
  • Garage Spaces: 2.00
  • Gross Income: 70320.00
  • Gross Scheduled Income: 5860.00
  • Heating: Forced Air, Fireplace
  • Heating YN: Yes
  • Interior Features: Open Floor Plan, Unfurnished
  • Laundry Features: Stackable
  • Laundry YN: Yes
  • Listing Agent License: 01869273
  • Listing Office License: 01317331
  • Lot Features: Park Nearby, Walkstreet
  • Lot Size Area: 2614.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 5860.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Parking Features: Garage
  • Parking YN: Yes
  • Room Type: Kitchen, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Selling Agent: Matthew Drenner
  • Selling Agent License: 01945690
  • Selling Office: Real Estate Establishment Inc.
  • Sewer: Public Sewer
  • Stories Total: 2
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Sold Price: 1600000.00
  • Sold Date: 2018-12-04 00:00:00
Courtesy of Berkshire Hathaway Homeservice, Brenda McCroskey

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Michael Clark
Home Team Realty

2501 W. 237th Street #C
Torrance, CA 90505
Phone: 310-920-2967
Email: mcsouthbay@yahoo.com
DRE #00425966

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