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719 W Balboa Blvd, Newport Beach, CA 92661
0 Beds
0 Baths
n/a sqft

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Location, Location, Location. Excellent opportunity to own this amazing 4 unit Balboa Blvd building just 1 house away from sand and across from the famous brand new Newport Harbor Yacht Club and Bay. This is an amazing chance to own an income generating investment or buy to rebuilt your dream beach home with AMAZING UNOBSTRUCTED FULL BAY VIEW AND PARTIAL OCEAN VIEW. 4 studio units each equipped with full kitchen and full bath and ocean and bay view from some of the units and great monthly income. Property has recently been fully inspected and it's in overall good shape with no need of any major repairs. 3 Units are sold fully furnished. Don't lose this great opportunity!
  • Price:
  • $1,630,000
  • Acreage:
  • 0.05
  • Year Built:
  • 1929
  • Listing ID #:
  • OC18241995
  • Street Address:
  • 719 W Balboa Blvd
  • City:
  • Newport Beach
  • State:
  • California
  • Postal Code:
  • 92661
  • County:
  • Orange
  • Subdivision:
  • Balboa Peninsula (residential) (balp)
  • Listing Status:
  • Active
  • Number Of Floors In Unit:
  • One
  • Number Of Units:
  • 4
  • Stories:
  • 1
  • Total # Of Buildings:
  • 1
  • Type Of Roof:
  • Asphalt
  • View:
  • Bay, Ocean, Peek-A-Boo
  • Year Built:
  • 1929
  • Year Built Source:
  • Public Records
  • Annual Electric Expenses:
  • 600.00
  • Annual Insurance Expenses:
  • 1200.00
  • Annual Trash Expenses:
  • 360.00
  • Annual Water/Sewer Expenses:
  • 600.00
  • Expenses:
  • 22632.00
  • Gross Income:
  • 94200.00
  • Net Operating Income:
  • 71568.00
  • Operating Expense:
  • 22632.00
  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Features:
  • Near Public Transit, No Landscaping
  • Lot Square Footage:
  • 2178.00
  • Road Frontage Type:
  • City Street
  • Community Features:
  • Urban
  • Days On Market:
  • 203
  • Previous Listing Price:
  • 1635000.00
  • Price Per Square Foot:
  • 1281.45
  • Tenant Pays:
  • Parking Fee, Telephone
  • Parking Description:
  • Off Street
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
  • Waterfront Description:
  • Beach Access, Ocean Access
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Nick Binesh of Binesh Realty Group
  • CRMLS

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