1527 W Balboa, Newport Beach, CA 92663
- $3,995,000
- List Price
- $3,995,000
- Status
- ACTIVE
- MLS#
- LG26166425
- Year Built
- 1946
- Lot Size
- 2,561
- Acres
- 0.06
- Lot Location
- Rectangular Lot
- Days on Market
- 14
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you’ll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.
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Additional Information
- Appliances
- Gas Oven, Gas Range
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Bay, Landmark, Ocean, Panoramic, Peek-A-Boo, Water
- Exterior Construction
- Wood Siding
- Roof
- Composition, Shingle
- Garage Spaces Total
- 1
- Sewer
- Public Sewer, Sewer Tap Paid
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $78,000
Listing courtesy of Listing Agent: Sean Jarne (sean@jarnerealty.com) from Listing Office: First Team Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.