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Explore W Balboa Boulevard
$2,480,000
Est. $13,999/mo

1116 W Balboa Boulevard, Newport Beach, CA 92661

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Multi-Family Home In Central Newport Beach
-- Bed-- Bath-- Sqft
Listed by Artie Dorr

Located just 2 houses from the sand makes this a highly desirable 4-plex on Newport's Balboa Peninsula. This income property offers excellent income with minimal vacancy for any investor. All units are currently occupied with qualified long-term tenants. Each unit was renovated in 2006. The ground-level features a front 2-bedroom 2-bathroom unit and a separate one-bedroom unit off the back of the property. The second floor has two separate 2-bedroom 1-bathroom units. Both units on the second level have vaulted ceilings which lend a bright and airy ambiance to the space. Each unit comes with a parking spot in the rear carport off the alley. With a prime location on the peninsula, this coastal income property is just steps from some of the best beaches in the area. This 4-plex has much higher income potential than most other investment properties on the peninsula at this price point.

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Home Details
  • Days on Homes.com: 60
  • Beds: --
  • Baths: --
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1953
  • Lot size: 0.07
  • Fireplace: no
  • Neighborhood: Central Newport Beach
  • Laundry: Inside
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Water Source: Public
  • Year Built Source: Public Records
  • Lot Features: Rectangular Lot
  • Pool Features: None
  • Parking: Assigned, Attached Carport
  • Sewer: Public Sewer
  • Community Features: Curbs, Sidewalks
  • Special Conditions: Standard
  • Tenant Pays: Cable Tv, Electricity, Gas
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1116 W Balboa Boulevard

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MLS NumberNP19240231
Listed10/11/2019
Listing SourceCalifornia Regional MLS
Last Updated12/04/2019 03:56:46 GMT-0500 (Eastern Standard Time)
Offered ByBalboa Realty
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Listing provided by
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Artie DorrListing Agent(949) 270-1116
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