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415 E Balboa Blvd

Newport Beach, CA 92661 View Map $1,775,000 Ask a Question
Sq.Ft. Lot3,049
Year1976
415 E Balboa Blvd Newport Beach, CA 92661 | MLS NP17023603 Photo 1
415 E Balboa Blvd Newport Beach, CA 92661 | MLS NP17023603 Map
Tim Carr

Tim Carr

(949) 230-8454
DRE No.: 01017277

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Status: Sold
Property Type:Duplex
MLS #:NP17023603
Date Sold:4/27/2017
Lot Size:3,049 Sq. Ft.
County:Orange

Listing Agent/Office

Agent:Timothy Carr
Office:Villa Real Estate
*Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit. Fantastic duplex just a block to the beach, close to Balboa pier, the popular fun zone, and the boardwalk which connects you to all of the great restaurants and shops along the peninsula! This beach house would make an excellent investment property and is approved to rent short-term; or keep one unit for yourself and rent the other one if you wish! The upper unit is 3BR, 2BA with front and back patios. The lower unit is 2BR, 1BA and has a large front patio perfect for gathering friends and family! Both units have been updated over the years and the property has been well maintained. There is a two car garage and one additional off street spot next to it. This is a great opportunity for someone looking for a turn-key duplex in Newport Beach.

Detailed Maps

Community Information

Address:415 E Balboa Blvd, Newport Beach, CA 92661
Area:NP - Balboa Peninsula
County:Orange
City:Newport Beach
Subdivision:Balboa Peninsula (Residential) (Balp)
Zip Code:92661

Architecture

Year Built:1976
Stories:2
Construction Materials: Stucco
Number of Buildings: 1
Total Units: 2
Garage Spaces: 2.0
Parking Features: Garage
Open Parking Spaces: 1.0
Parking Total: 3.0

Features / Amenities

Interior Features: Cathedral Ceilings, Living Room Deck Attached, Open Floorplan
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
Fireplace Features: Living Room
Flooring: Laminate, Stone
Common Walls: 1 Common Wall
Heating: Central

Property Features

Lot Size: 0.07 Acres / 3,049 Sq. Ft.
Lot Features: NearPark, Street Level
Sewer: Public Sewer
Water: Public
Directions:Balboa Blvd between Adams and Cypress

Tax and Financial Info

Buyer Financing: Conventional
Gross Income: $53,900
Gross Scheduled Income: $53,900
Net Operating Income: $43,518
Operating Expense: $10,382
Terms: Cash, CashtoNewLoan
Tenant Pays: CableTV, Electricity, Gas
Land Lease: No

Schools

WALKING AND TRANSPORTATION

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Based on information from California Regional Multiple Listing Service, Inc. as of April 1, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.