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1007 E Balboa Blvd | Newport Beach CA | 7289200348

George Hanold

This listing was posted on RealtyWW.

$12,995,000

Home For Sale In Newport Beach, California

Price:
$12,995,000
BR/BA:
10+ BR, 10+ BA
Location:
1007 E Balboa Blvd, Newport Beach, CA
Description:

A remarkable opportunity to own 10 Units on the Oceanfront of the Balboa Peninsula with 7 Irreplaceable STR's (SHORT TERM RENTAL PERMITS)! This is a dream deal w/ a monster cap rate and a whopping $640, 000 NET income in 2023! Located almost perfectly right next to Balboa Pier, Balboa Fun Zone, Balboa Ferry, Market and Deli, Shopping, Restaurants, Arcades, and More. Each unit is remodeled and ready to be rented immediately. 4 of the Units are directly facing the oceanfront with spectacular panoramic views, including the Pier. Priced to sell and motivated deal.For more details: https://realtyww.info/homes_newport-beach-d526642/for-sale_i72533280
Property Type:
Single-Family Houses
Posted:
June 2 on RealtyWW
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More About this Listing: Home For Sale In Newport Beach, California
Home For Sale In Newport Beach, California is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale at 1007 E Balboa Blvd in Newport Beach CA. Find other listings like Home For Sale In Newport Beach, California and listings near 1007 E Balboa Blvd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Newport Beach CA.