NOT LISTED FOR SALE

Estimated Value: $1,376,000 - $3,110,000

3 Beds
1 Bath
1,015 Sq Ft
$2,015/Sq Ft Est. Value

Highlights

  • Property has ocean access
  • Furnished
  • Cottage
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • 3-minute walk to Balboa Island Park

About This Home

As of September 2024

Discover the quintessential coastal living experience in this delightful front unit of a duplex, located on the picturesque Balboa Island in Newport Beach. This charming cottage is situated on the same street as the iconic ferry, offering easy access to the mainland, and is just steps away from the beach. Enjoy the vibrant island life with Todos Santos Mexican Restaurant and its idyllic attached coffee shop right around the corner. Step back in time and savor the charm of one of the few remaining old-school beach homes on the island. This well-maintained property offers a cozy and inviting atmosphere, perfect for those seeking a relaxed beach lifestyle. The cottage features classic architectural details and a welcoming front porch where you can enjoy your morning coffee or unwind after a day at the beach. With its prime location, you can easily walk everywhere – from the sandy shores and scenic boardwalk to the quaint local shops and eateries. This rental opportunity is ideal for those who appreciate the blend of historic charm and modern convenience. Don't miss your chance to live in a piece of Balboa Island's storied history. Experience the best of coastal living in this unique and cozy beach cottage.

Last Agent to Rent the Property

Matthew Cox

Cove & Key Real Estate Brokerage Phone: 903-815-3088 License #02076282 Listed on: 08/05/2024

Last Renter's Agent

Jose De Leon

Real Brokerage Technologies License #02238070

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Cottage
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Beamed Ceilings
  • Bay Window
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Brick Porch or Patio

Utilities

  • Radiant Heating System
  • Standard Electricity
  • Water Heater

Listing and Financial Details

  • Security Deposit $4,100
  • Rent includes electricity, gas, sewer, trash collection, water
  • Available 9/1/24
  • Legal Lot and Block 34 / 10
  • Tax Tract Number 99
  • Assessor Parcel Number 05007237
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Island Main Island Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4100
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 05007237
  • Year Built: 1959
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1015.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.04
  • Room Type: Kitchen, Living Room
  • Window Features: Bay Window(s)
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Radiant
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Electricity, Gas, Sewer, Trash Collection, Water
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 630.06
  • Tax Lot: 34
  • Tax Tract Number: 99

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/19/2024 09/19/24 Rented $4,100 0.0% --
09/01/2024 09/01/24 Under Contract -- -- --
08/05/2024 08/05/24 For Rent $4,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,133 $2,805,000 $2,719,218 $85,782
2024 $32,133 $2,750,000 $2,665,900 $84,100
2023 $7,390 $410,573 $340,750 $69,823
2022 $4,746 $402,523 $334,069 $68,454
2021 $4,659 $394,631 $327,519 $67,112
2020 $4,613 $390,585 $324,161 $66,424
2019 $4,527 $382,927 $317,805 $65,122
2018 $4,440 $375,419 $311,573 $63,846
2017 $4,364 $368,058 $305,463 $62,595
2016 $4,270 $360,842 $299,474 $61,368
2015 $4,227 $355,422 $294,975 $60,447
2014 $4,129 $348,460 $289,197 $59,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24159009

California Regional Multiple Listing Service (CRMLS)