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Explore W Balboa Boulevard
$5,400,000
Est. $30,481/mo

1216 W Balboa Boulevard, Newport Beach, CA 92661

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Upgraded Coastal Multi-Family Home
-- Bed-- Bath-- Sqft
Listed by Christine Lee

** PRIDE OF OWNERSHIP! Highly desirable 7 unit multifamily coastal property on the sought-after Balboa Blvd strip. Popular unit mix of (4) two bedrooms and two baths and (3) two bedrooms and 1 bath. Well maintained and very low maintenance building. Operates at 100% full occupancy with long term career professionals as tenants. All units are remodeled, upgraded and turnkey. New owners will not have to do anything. In addition, there is room to increase rents. Perfect upleg in a 1031 exchange. Will not last long and priced to sell.

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Home Details
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  • Days on Homes.com: 112
  • Beds: --
  • Baths: --
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1949
  • Lot size: 0.14
  • Fireplace: no
  • Neighborhood: Central Newport Beach
  • Cooling: Wall/window Unit(s)
  • Laundry: Community
  • Laundry Equipment: Lease
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Water Source: Other
  • Year Built Source: Assessor
  • Land Size Source: Assessor
  • Lot Features: 0 1 Unit/acre
  • Pool Features: None
  • Sewer: Unknown
  • Community Features: Watersports
  • Special Conditions: Standard
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1216 W Balboa Boulevard

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0.14 Acre(s)
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MLS NumberCV19201913
Listed08/23/2019
Listing SourceCalifornia Regional MLS
Last Updated12/09/2019 17:04:25 GMT-0500 (Eastern Standard Time)
Offered ByTHE C. LEE GROUP
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Listing provided by
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Christine LeeListing Agent(310) 974-6246
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