812 W Balboa Boulevard, Newport Beach, CA 92661
- $3,001,000
- Sold Price
- $3,001,000
- List Price
- $2,995,000
- Closing Date
- Feb 28, 2025
- Status
- CLOSED
- MLS#
- PW24255186
- Year Built
- 1972
- Lot Size
- 3,049
- Acres
- 0.07
- Lot Location
- Near Park
- Days on Market
- 28
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Balboa Peninsula (Residential) (Balp)
Property Description
Rare Peninsula Offering - First Time on Market in Over 50 Years! Located just steps from the Newport Harbor Yacht Club, beach, and the iconic boardwalk, this well-appointed duplex offers a prime coastal location in the heart of Newport Beach. Lower Unit: Spacious 3-bedroom, 2-bathroom, recently updated for turnkey living. Upper Unit: Expansive 4-bedroom, 2-bathroom, also updated with stylish finishes throughout. Both units are turnkey, well taken care off, have been consistent and strong performers on the rental market. Ideal for multi-family living, vacation rentals, or investment. With its unbeatable proximity to the harbor and local attractions, this property presents a rare opportunity to own in one of the most coveted areas of the Peninsula.
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Additional Information
- Pool Description
- None
- Fireplace Description
- See Remarks
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 2
- Sewer
- Sewer Tap Paid
- Water
- Public, See Remarks
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $126,000
- Operating Expense
- 9180
Listing courtesy of Listing Agent: Mark Cianciulli (mark@cremgroupre.com) from Listing Office: The CREM Group.
Listing sold by Cindy Tran from Golden Gates Realty & Invest
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