NOT LISTED FOR SALE

211 E Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood
4 Beds
4 Baths
2,500 Sq Ft
2,614 Sq Ft Lot

Last Sold December 04, 2018

Last sale price $1,600,000 $640 Per Sq Ft

38 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ocean Side of Highway 1
  • Open Floorplan
  • Newport Elementary School Rated A
  • Peek-A-Boo Views
  • Fireplace in Primary Bedroom

About This Home

As of December 2018

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!

Last Agent to Sell the Property

Brenda McCroskey

Compass License #01869273 Listed on: 10/10/2018

Compass

Last Buyer's Agent

Matthew Drenner

Real Estate Establishment Inc. License #01945690

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Cottage

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Door Entry
  • Family Room with Fireplace
  • Peek-A-Boo Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • More Than Two Accessible Exits
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 15
  • Tax Tract Number 510
  • Assessor Parcel Number 04808104

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $70,320
  • Net Operating Income $5,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 04808104
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 640.00
  • Room Type: Kitchen, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Walkstreet
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 70320.00
  • Gross Scheduled Income: 5860.00
  • Lot Size Area: 2614.0000 Square Feet
  • Net Operating Income: 5860.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 15
  • 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
12/04/2018 12/04/18 Sold $1,600,000 -5.6% $640 / Sq Ft
11/17/2018 11/17/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $1,695,000 -3.1% $678 / Sq Ft
10/10/2018 10/10/18 For Sale $1,750,000 +15.9% $700 / Sq Ft
04/02/2015 04/02/15 Sold $1,510,000 -2.6% $604 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $1,550,000 -- $620 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brenda McCroskey

    Seller's Agent in 2018

    Brenda McCroskey

    Compass

    (949) 280-5563

    64 Total Sales

    Brenda McCroskey
    Section Image
  • Matthew Drenner

    Buyer's Agent in 2018

    Matthew Drenner

    Real Estate Establishment Inc.

    (714) 322-9030

    75 Total Sales

    Matthew Drenner
    Section Image
  • Summer Perry

    Seller's Agent in 2015

    Summer Perry

    Compass

    (949) 375-9074

    7 in this area

    129 Total Sales

    Summer Perry
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18245897

California Regional Multiple Listing Service (CRMLS)

APN: 048-081-04

California Orange County Newport Beach 92661 Central Newport Beach

211 E Balboa Blvd, Newport Beach, CA

This home is located at 211 E Balboa Blvd, Newport Beach, CA 92661 since 10 October 2018. This property was built in 1943. 211 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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