Overview
- Quadruplex, Residential
- 6
- 5
- 2.0
- 1949
Description
Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California’s premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space. Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You’re only steps away from Newport’s world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula. All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.
Address
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Address: 1114 W Balboa Boulevard
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City: Newport Beach
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State/county: CA
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Zip/Postal Code: 92661
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Area: Balboa Peninsula (Residential) (BALP)
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Country: US
Details
Updated on June 27, 2024 at 9:23 pm-
Property ID NP24116442
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Price $2,495,000
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Land Area 0.07 Acres
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Bedrooms 6
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Bathrooms 5
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Garages 2.0
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Year Built 1949
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Property Type Quadruplex, Residential
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional
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Roof Flat
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Sewer Public Sewer
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Cooling None
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Heating Wall Furnace
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Flooring Vinyl
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County Orange
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Property Type Residential
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Pool None
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Parking Garage, Garage Faces Rear
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Elementary School Newport
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Middle School Ensign
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High School Newport Harbor
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Community Features Curbs, Gutter(s), Sidewalks, Urban
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Architectural Style Mid-Century Modern
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees