214 E Balboa Boulevard

    Newport Beach, CA 92661
    • $1,975,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: OC18182095
    UPDATED: 44 min ago
    $1,975,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,960
      SQFT
    • $667
      $/SQFT
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    REDUCED $25,000 and THE LOWEST PRICED DUPLEX ON THE PENINSULA! OVER 2,900SF and just steps away from both the beach and the bay! Upstairs has vaulted ceilings with exposed beams and consists of 4 large bedrooms, 2 full baths, an open and airy den with walls of windows that bring in the ocean breeze and loads of light, kitchen with breakfast bar and dining area (approximately 1,760 SF). One of the bedrooms in the rear of this unit was previously a "master" - the toilet and shower were removed but the plumbing is believed to still exist within the wall. Downstairs offers 3 ample sized bedrooms, 2 baths, a den, kitchen, dining area and patio (approximately 1200 SF). Both units have private entries and their their own in-unit laundry area with stackable washer/dryer. The oversized 2 car garage is in the rear via alley access. GREAT location - walkable to the Fun Zone, Pier, shopping, restaurants and The Wedge. **ZONED as eligible for short term rentals.**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T12:30:05.873. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86653600

    214 E Balboa Boulevard Newport Beach, CA 92661

    • Price: $1,975,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: OC18182095
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,960
    SQFT
    $667
    $/SQFT
    1972
    Built
    Neighborhood:
    Balboa Peninsula (Residential) (Balp)
    County:
    Orange
    Area:
    NP - Balboa Peninsula
    Property Description
    REDUCED $25,000 and THE LOWEST PRICED DUPLEX ON THE PENINSULA! OVER 2,900SF and just steps away from both the beach and the bay! Upstairs has vaulted ceilings with exposed beams and consists of 4 large bedrooms, 2 full baths, an open and airy den with walls of windows that bring in the ocean breeze and loads of light, kitchen with breakfast bar and dining area (approximately 1,760 SF). One of the bedrooms in the rear of this unit was previously a "master" - the toilet and shower were removed but the plumbing is believed to still exist within the wall. Downstairs offers 3 ample sized bedrooms, 2 baths, a den, kitchen, dining area and patio (approximately 1200 SF). Both units have private entries and their their own in-unit laundry area with stackable washer/dryer. The oversized 2 car garage is in the rear via alley access. GREAT location - walkable to the Fun Zone, Pier, shopping, restaurants and The Wedge. **ZONED as eligible for short term rentals.**
    Exterior Features

    Exterior Features AwningLighting Fence YN Yes Fencing Block Foundation Details Slab Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherFreezerGas OvenGas RangeGas Water HeaterRange/Stove HoodRefrigeratorVented Exhaust Fan Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Den Fireplace YN Yes Flooring CarpetLaminateTile Heating Natural Gas Heating YN Yes Interior Features Cathedral-Vaulted CeilingsCeiling FanHigh Ceilings (9 Feet+)Tile CountersTrack Lighting Laundry Features Dryer IncludedInsideStackableWasher Included Levels Two Room Type DenEntryLaundry Window Features BlindsScreens

    Property Features

    Accessibility Features None Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 103200.00 Gross Scheduled Income 103200.00 Insurance Expense 722.00 Land Lease YN No Laundry YN Yes Net Operating Income 83200.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Dishwasher 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 20000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Balboa Peninsula (Residential) (Balp) Tenant Pays All UtilitiesCable TvElectricity Total Actual Rent 103200.00 Total Expenses 1514.00 Trash Expense 0.00 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedUnderground UtilitiesWater AvailableWater Connected Water Sewer Expense 792.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Jennifer Frazier of Villa Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T12:30:05.873. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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