NOT LISTED FOR SALE

202 E Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood
7 Beds
5 Baths
2,800 Sq Ft
2,614 Sq Ft Lot

Last Sold March 03, 2021

Last sale price $2,200,000 $786 Per Sq Ft

9 Days on Market

Highlights

  • Open Floorplan
  • Dual Staircase
  • Living Room Balcony
  • Newport Elementary School Rated A
  • Neighborhood Views
  • Living Room

About This Home

As of March 2021

LOCATION, LOCATION, LOCATION!! This Duplex Offers an Upstairs Unit with 4 Bedrooms, 3 Bathrooms, with Updated Kitchen and Baths, New Flooring and Paint, Living Room with Fireplace and Sliding Doors to a Small Deck – Perfect for BBQs. Huge Master Bedroom with Mirrored Closet Doors, Ceiling Fan and Master Bath. The Lower Unit Features 3 Bedrooms, 2 Bathrooms, Spacious Living Room with Fireplace as well as Sliding Doors to a Front Patio, Large Master Bedroom and Bath. There’s also a 2 Car Attached Garage. This Amazing Location is just Two Houses from the Beach and 2 Short Blocks from the Ferry, Restaurants, Shops and Entertainment at the Pier.

Last Agent to Sell the Property

Gantry Wilson

Real Broker License #01412779 Listed on: 02/03/2021

Last Buyer's Agent

Geoff Luna

Redfin Corporation License #01167933

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Tax Tract Number 510
  • Assessor Parcel Number 04809115

Community Details

Overview

  • 2 Units
  • Balboa Peninsula Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $479
  • Maintenance Expense $9,685
  • Professional Management Expense $6,192
  • Trash Expense $100
  • Water Sewer Expense $1,246
  • Operating Expense $20,332
  • Gross Income $96,000
  • Net Operating Income $75,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Professional Management Expense: 6192.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Water Sewer Expenses: 1246.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 04809115
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 785.71
  • Room Type: Kitchen, Living Room, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Electric Expense: 479.00
  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Lot Size Area: 2614.0000 Square Feet
  • Maintenance Expense: 9685.00
  • Net Operating Income: 75688.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 20332.00
  • Rent Control: No
  • Total Actual Rent: 8000.00
  • Total Expenses: 20332.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 510

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
03/03/2021 03/03/21 Sold $2,200,000 +2.3% $786 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $2,150,000 0.0% $768 / Sq Ft
08/16/2019 08/16/19 Rented $4,200 0.0% --
08/01/2019 08/01/19 Price Changed $4,200 -4.5% $2 / Sq Ft
07/01/2019 07/01/19 For Rent $4,400 +25.7% --
06/25/2019 06/25/19 Rented $3,500 0.0% --
06/01/2019 06/01/19 For Rent $3,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gantry Wilson

    Seller's Agent in 2021

    Gantry Wilson

    Real Broker

    (714) 264-4626

    1 in this area

    93 Total Sales

    Gantry Wilson
    Section Image
  • Geoff Luna

    Buyer's Agent in 2021

    Geoff Luna

    Redfin Corporation

    (562) 686-5167

    Section Image

  • A

    Seller's Agent in 2019

    Amy Denes

    Compass

  • T

    Seller Co-Listing Agent in 2019

    Tracy Seeber

    Balboa Realty

    (949) 378-8999

    3 in this area

    37 Total Sales

    Tracy Seeber
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21022938

California Regional Multiple Listing Service (CRMLS)

APN: 048-091-15

California Orange County Newport Beach 92661 Central Newport Beach

202 E Balboa Blvd, Newport Beach, CA

This home is located at 202 E Balboa Blvd, Newport Beach, CA 92661 since 03 February 2021. This property was built in 1970. 202 E Balboa Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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