NOT LISTED FOR SALE

215 E Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood
4 Beds
2 Baths
2,174 Sq Ft
2,614 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $1,385,000 $637 Per Sq Ft

12 Days on Market

Highlights

  • Marina
  • Fishing
  • Two Homes on a Lot
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of July 2016

Peninsula Duplex each with 2 bedrooms, 1 bath and a 2 car garage. Right behind the oceanfront homes! Well maintained but mostly original condition. Two car garage with laundry hook ups for both units. Room to park a car off street in the alley behind garage. Step out the back and the sand is just steps away. Upper unit has large sunny deck facing the ocean. 30 X 80 R-2 lot. Utilities are all underground. Bond on tax bill

Last Agent to Sell the Property

Jim Jacobs

Jim Jacobs Realty License #00868230 Listed on: 05/16/2016

Last Buyer's Agent

Mike McKibben

Arbor Real Estate License #01414934

Arbor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,174 Sq Ft Home
  • Property Attached
  • Slab Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Disposal
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 510
  • Assessor Parcel Number 04808119

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Marina
  • Fishing

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,700
  • Water Sewer Expense $1,440
  • New Taxes Expense $15,300
  • Gross Income $4,100
  • Net Operating Income $30,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Washer/dryer and refrigerators.
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 04808119
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 637.07

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.00
  • Price Per Lot Square Foot: 529.84

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1700.00
  • Net Operating Income: 30760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Refrigerator: 2
  • Operating Expense: 18440.00
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • New Taxes Expense: 15300.00
  • Tax Lot: 13
  • 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
07/01/2016 07/01/16 Sold $1,385,000 -6.9% $637 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $1,488,000 -- $684 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jim Jacobs

    Seller's Agent in 2016

    Jim Jacobs

    Jim Jacobs Realty

    (949) 689-4200

    12 Total Sales

    Jim Jacobs
    Section Image
  • Mike McKibben

    Buyer's Agent in 2016

    Mike McKibben

    Arbor Real Estate

    (949) 422-3831

    1 in this area

    16 Total Sales

    Mike McKibben
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16104176

California Regional Multiple Listing Service (CRMLS)

APN: 048-081-19

California Orange County Newport Beach 92661 Central Newport Beach

215 E Balboa Blvd, Newport Beach, CA

This home is located at 215 E Balboa Blvd, Newport Beach, CA 92661 since 16 May 2016. This property was built in 1956. 215 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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