Greg Blake
This listing was posted on RealtyWW.
$3,380,000
E Balboa Blvd, Newport Beach, Home For Sale
Price:
$3,380,000
BR/BA:
6 BR, 3 BA
Location:
109 E Balboa Blvd, Newport Beach, CA
Description:
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 footwell below the average for comparable properties on the Balboa Peninsulathis property presents significant value. With all tenants on month-to-month leases, its 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 systemall controllable remotely. The property is professionally managed, generating stable income with the potential for future rent growth. Dont miss this rare opportunity to invest in a prime coastal location with endless possibilities.For more details: https://realtyww.info/homes_newport-beach-d526642/for-sale_i76459443
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More About this Listing: E Balboa Blvd, Newport Beach, Home For Sale
E Balboa Blvd, Newport Beach, Home For Sale is a Six Bedroom 3.5 Bath Single-Family Homes for Sale at 109 E Balboa Blvd in Newport Beach CA. Find other listings like E Balboa Blvd, Newport Beach, Home For Sale and listings near 109 E Balboa Blvd by searching Oodle Classifieds for Six Bedroom 3.5 Bath Single-Family Homes for Sale in Newport Beach CA.
E Balboa Blvd, Newport Beach, Home For Sale is a Six Bedroom 3.5 Bath Single-Family Homes for Sale at 109 E Balboa Blvd in Newport Beach CA. Find other listings like E Balboa Blvd, Newport Beach, Home For Sale and listings near 109 E Balboa Blvd by searching Oodle Classifieds for Six Bedroom 3.5 Bath Single-Family Homes for Sale in Newport Beach CA.