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1123 E Balboa Boulevard

Newport Beach, CA 92661
  • $6,750,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: OC24042496
UPDATED: 143 min ago
$6,750,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,959
    SQFT
  • $3,446
    $/SQFT
Type:
Single-Family Home
Built:
1977
County:

School Ratings & Info

School District:
Listing Agent(s): Tara Mcnabb of Compass (949-438-4340)


Description

2 ACTIVE SHORT TERM RENTAL PERMITS!! Soak up the surf and sun at this versatile oceanfront fully furnished duplex in Newport Beachs sought-after Peninsula Point neighborhood on the Balboa Peninsula. With one unit on each level of the two-story residence, you can live in one and rent the other, or use both as valuable income-producing opportunities. The renderings show how property can look if you build out the current plans plans that have been submitted to the city for a future custom home, making it easy to create the seaside home of your dreams. Presenting a quieter setting near the end of the boardwalk, the duplex is close to The Wedge surf break, Peninsula Park, the Peninsula Point Racquet Club, the Balboa Pier, and Main Streets vibrant shopping and dining destinations. A spacious view patio highlights the lower-level residence, which features two bedrooms, two baths, a living room with fireplace, a white kitchen, and a dining room that opens to the patio. The open and bright upper unit showcases a vaulted ceiling, a fireplace-warmed living room, a sunny ocean-view deck, a gourmet kitchen with breakfast bar, three bedrooms and two baths. An attached four-car garage with epoxy flooring provides ample off-street parking and room for storing bikes and surfboards.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-17T18:49:31.58. 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 or Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/148194190
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1123 E Balboa Boulevard Newport Beach, CA 92661

  • Price: $6,750,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 143 min ago
  • ID#: OC24042496
5
Beds
4
Baths
0
½ Baths
0.06
Acres
1,959
SQFT
$3,446
$/SQFT
1977
Built
Neighborhood:
Balboa Peninsula (Residential) (Balp)
County:
Orange
Area:
NP - Balboa Peninsula
School District:
Newport Mesa Unified
Property Description
2 ACTIVE SHORT TERM RENTAL PERMITS!! Soak up the surf and sun at this versatile oceanfront fully furnished duplex in Newport Beachs sought-after Peninsula Point neighborhood on the Balboa Peninsula. With one unit on each level of the two-story residence, you can live in one and rent the other, or use both as valuable income-producing opportunities. The renderings show how property can look if you build out the current plans plans that have been submitted to the city for a future custom home, making it easy to create the seaside home of your dreams. Presenting a quieter setting near the end of the boardwalk, the duplex is close to The Wedge surf break, Peninsula Park, the Peninsula Point Racquet Club, the Balboa Pier, and Main Streets vibrant shopping and dining destinations. A spacious view patio highlights the lower-level residence, which features two bedrooms, two baths, a living room with fireplace, a white kitchen, and a dining room that opens to the patio. The open and bright upper unit showcases a vaulted ceiling, a fireplace-warmed living room, a sunny ocean-view deck, a gourmet kitchen with breakfast bar, three bedrooms and two baths. An attached four-car garage with epoxy flooring provides ample off-street parking and room for storing bikes and surfboards.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location 1 Lot Features Rectangular Lot Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No View Ocean View YN Yes Waterfront Features Beach AccessBeach FrontOcean AccessOcean FrontOcean Side Of FreewayOcean Side Of Highway

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Interior Features Bedroom on Main Level Main Level Bathrooms 2 Main Level Bedrooms 2

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Garage YN Yes Land Lease YN No Laundry Features InsideIn GarageUpper Level Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-17T18:49:31.58. 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 or Swell Property. Licensed in the State of California, USA.
 
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Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): Tara Mcnabb of Compass (949-438-4340)