$2,000,000
SOLD OCT 23, 2014
7 Beds
4 Baths
2,836 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$705 Per Sq Ft

13% Below List Price

127 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • 1-minute walk to Balboa Island Park

About This Home

As of October 2014

**JUST REDUCED BY $100,000**A beautiful Balboa Island duplex just steps from bay front beaches and the Balboa Island Ferry. Conveniently located within walking distance to world class shopping, restaurants and perfect beaches. The lovely top-level home features four bedrooms, two full baths, and a large balcony perfect for entertaining and enjoying spectacular California sunsets. The ground level home is ready to rent with three bedrooms, two full baths and its own patio for entertaining. The property includes fireplaces in each home, a two car garage and a separate laundry room with additional storage. This large duplex is a rare find in today's market, providing endless opportunities for the next forward thinking owner. For example, a 1031 tax exchange from the sale of a business thanks to all of the rental possibilities. Your dreams of, "Island Living" can come true immediately.

Last Agent to Sell the Property

Damon Burris

Damon Burris, Broker License #01470087 Listed on: 04/15/2014

Damon Burris, Broker

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 2,550 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Track Lighting
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Home Office
  • Storage
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Accessible Home Design

  • Grab Bar In Bathroom
  • More Than Two Accessible Exits

Outdoor Features

  • Property has ocean access
  • Covered patio or porch
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating
  • Overhead Utilities
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 26 / 10
  • Tax Tract Number 99
  • Assessor Parcel Number 05007249

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Contemporary, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05007249
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2836.00
  • Interior Amenities: Living Room Balcony, Pull Down Stairs to Attic, Pantry, Recessed Lighting, Storage, Track Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Vinyl, Wood
  • Accessibility Features: 2+ Access Exits, Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 705.22
  • Room Type: Family Room, Main Floor Bedroom, Multi-Level Bedroom, Main Floor Master Bedroom, Master Suite, Retreat, Office, Two Masters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Peek-A-Boo
  • Patio And Porch Features: Covered, Concrete, Patio Open, Front Porch, Patio, Slab, Stone
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Preserve/Public Land, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Lot 6500-9999, Park Nearby, Near Public Transit, Utilities - Overhead
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Fishing in Community, Marina in Community, Ocean Access

Tax Info

  • Tax Block: 10
  • Tax Lot: 26
  • Tax Tract Number: 99

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Rented $3,649 0.0% --
01/28/2016 01/28/16 For Rent $3,649 0.0% --
03/20/2015 03/20/15 Rented $3,649 0.0% --
03/20/2015 03/20/15 For Rent $3,649 0.0% --
10/23/2014 10/23/14 Sold $2,000,000 -9.0% $705 / Sq Ft
07/18/2014 07/18/14 Price Changed $2,199,000 -4.3% $775 / Sq Ft
04/15/2014 04/15/14 For Sale $2,299,000 -- $811 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14076695

California Regional Multiple Listing Service (CRMLS)

APN: 050-072-49