Newport Beach, CA 92661,901 E Balboa BLVD

$3,175,000

Est. payment /mo

$3,500,000

9.3%
Est.Price: ?

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901 E Balboa BLVD Newport Beach, CA 92661

3,482 SqFt

SOLD DATE : 09/27/2022

Key Details

Sold Price $3,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,482 sqft

Price per Sqft $911

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID OC22103785

Sold Date 09/27/22

HOA Y/N No

Year Built 1971

Lot Size 3,720 Sqft

Acres 0.0854

Property Description

FIRST TIME ON THE MARKET IN 45 + years. Upside potential income. This Tri-plex is located on the Balboa Peninsula with superb walkability to the Balboa Pier and local restaurants and is situated one building in from the board walk / sand. Ideal for the investor or the individual looking to live in one unit and rent out the others. Two three-bedroom 1 3/4 bathroom units with patios/balconies along with oversized fireplaces and hearths showcase the living space adding a sense of warmth while entertaining. Relaxation and entertaining is ideal on the patios /deck areas with the three bedroom units. The two upper units each have a peek-a - boo view of the water and an abundance of natural light . The upper two bedroom two bathroom is positioned over the garage area, with its own staircase providing this unit a sense of privacy. Parking is easy with remote access to ones garage space. Come feel the ocean breeze and live the beach life. 905 E. Balboa Blvd is listed for sale for 2,800,000 and can be purchased together with 901 E. Balboa Blvd or separately.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Urban

Total Parking Spaces 3

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04814324

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Financing CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Laura Henshall • CFG Investments
Bought with John Allen • Seven Gables Real Estate

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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