$2,850,000
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1324 W Balboa BLVD Newport Beach, CA 92661
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP18012376
Year Built 1958
Property Description
Prime investment income property located in the heart of Balboa Peninsula. Well Maintained. PROPERTY IS A LEGAL TRIPLEX when seller acquired the units it was split into 6 units to maximize the income. The unit mix consists of the following: Two 2 bedrooms, one bath (Units A & B), four one bedroom, one bath Units A1, A2, C and C1-unit C has a den. Units A & B have their own washer & dryer. There are 3 carports. These units can easily be converted back to 3 or 4 large units. Conveniently located within a walking distance to the ocean and all restaurants and shops in Lido.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Laundry Laundry Room
Exterior
Pool None
Community Features Sidewalks
Building
Lot Description 6-10 Units/Acre
Story Two
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Owner Will Carry
Listing Terms Cash, Cash to New Loan, Owner Will Carry
Special Listing Condition Standard
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Bought with Mehdi Khosh • Berkshire Hathaway HomeService