Address: |
view address Newport Beach, CA 92661 Map Location |
Features: | Balcony, Multi-level |
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Square Feet: | 2,815 sq.ft. | Lot Size: | 2178.0 |
Year Built: | 1959 | Views: | Ocean |
Property Type: | Triplex | Neighborhood: | Balboa Peninsula (Residential) (BALP) |
County: | Orange | List Date: | 2024-09-25 |
Listing Number: | NP24177675 | Listed By: | Coldwell Banker Realty |
Listing Office: | 949-500-8684 | Days on market: | 1 |
Situated just one house from the boardwalk and mere blocks from the lively Balboa Village and Fun Zone, this three-story triplex offers prime coastal living and an exceptional investment opportunity. Priced at $1,200 per square foot-well below the average for comparable properties on the Balboa Peninsula-this property presents significant value. With all tenants on month-to-month leases, it's a great redevelopment opportunity or a chance to collect steady rental income and benefit from future appreciation. Designed and built by renowned architect Svend Nielsen, the property exudes unique charm and thoughtful design. Each of the three units includes 2 bedrooms, 1 bathroom, and in-unit laundry for convenience. The second and third-floor units enjoy peek-a-boo ocean views, while all units offer private outdoor spaces, including balconies. Additional amenities include a two-car carport for the second- and third-floor units, a ground-floor private shower room, and recent upgrades such as a roof replacement in 2023, a Tesla solar system, and smart home features, including automated blinds, thermostats, and a security system-all controllable remotely. The property is professionally managed, generating stable income with the potential for future rent growth. Don't miss this rare opportunity to invest in a prime coastal location with endless possibilities.
Appliances: | Electric Cooktop, Dishwasher |
Fireplace features: | Living Room | Flooring: | Laminate |
Laundry Features: | Inside | Laundry: | Yes |
Interior Features: | Ceiling Fan(s) |
Cooling features: | Ceiling Fan(s), None | Heating features: | Fireplace(s), Wall Furnace |
Heating: | Yes |
Pool Features: | None | Spa Features: | None |
Spa: | Yes |
Parking features: | Carport |
Exterior features: | Balcony |
Community Features: | Sidewalks, Street Lights |
Views: | Neighborhood, Ocean | Has View: | Yes |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1959 | Levels: | Three Or More |
Stories: | 3 |
Lot Dimensions: | 2178.0 |
Building Area total: | 2815.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.