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1320 W Balboa Boulevard

Newport Beach, CA 92661
  • $3,350,000
  • STATUS: ACTIVE
  • ON SITE: 76 Days
  • ID#: NP21202799
UPDATED: 64 min ago
$3,350,000
  • 7
    BEDS
  • 0.07
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,371
    SQFT
  • $1,413
    $/SQFT
Type:
Villa/Townhouse
Built:
1955
County:

School Ratings & Info

Description

1320 W Balboa Blvd is a turnkey property situated in the perfect location on the famed Balboa Peninsula just steps between the beach and the bay. The R2 zoned property consists of two detached units that were fully remodeled down to the studs in 2018. Each unit has three bedrooms, two bathrooms, luxury vinyl flooring, upgraded kitchens, recessed lighting, HVAC and dedicated laundry. The rear unit also has an attached one bedroom one-bathroom unit that can be used as an additional bedroom, studio or owner suite on property with its own entrance. Entertain friends and family while catching the ocean breeze on one of the three open patio spaces or up on the spacious rooftop deck. Parking is not an issue with the attached two car garage and two covered carport spaces. Currently operated as a short term rental property with active permits on file, this is a great opportunity for a turnkey investment with historically strong rental income. Close to world class beaches, shopping, dining and dining, come see all that this amazing property and Newport Beach have to offer. 1320 W Balboa Blvd is a turnkey property situated in the perfect location on the famed Balboa Peninsula just steps between the beach and the bay. The R2 zoned property consists of two detached units that were fully remodeled down to the studs in 2018. Each unit has three bedrooms, two bathrooms, luxury vinyl flooring, upgraded kitchens, recessed lighting, HVAC and dedicated laundry. The rear unit also has an attached one bedroom one-bathroom unit that can be used as an additional bedroom, studio or owner suite on property with its own entrance. Entertain friends and family while catching the ocean breeze on one of the three open patio spaces or up on the spacious rooftop deck. Parking is not an issue with the attached two car garage and two covered carport spaces. Currently operated as a short term rental property with active permits on file, this is a great opportunity for a turnkey investment with historically strong rental income. Close to world class beaches, shopping, dining and dining, come see all that this amazing property and Newport Beach have to offer.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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1320 W Balboa Boulevard Newport Beach, CA 92661

  • Price: $3,350,000
  • Status: ACTIVE
  • On Site: 76 Days
  • Updated: 64 min ago
  • ID#: NP21202799
7
Beds
5
Baths
0
½ Baths
0.07
Acres
2,371
SQFT
$1,413
$/SQFT
1955
Built
Neighborhood:
Oc - Newport Beach (92661)
County:
Orange
Area:
Oc - Newport Beach (92661)
Property Description
1320 W Balboa Blvd is a turnkey property situated in the perfect location on the famed Balboa Peninsula just steps between the beach and the bay. The R2 zoned property consists of two detached units that were fully remodeled down to the studs in 2018. Each unit has three bedrooms, two bathrooms, luxury vinyl flooring, upgraded kitchens, recessed lighting, HVAC and dedicated laundry. The rear unit also has an attached one bedroom one-bathroom unit that can be used as an additional bedroom, studio or owner suite on property with its own entrance. Entertain friends and family while catching the ocean breeze on one of the three open patio spaces or up on the spacious rooftop deck. Parking is not an issue with the attached two car garage and two covered carport spaces. Currently operated as a short term rental property with active permits on file, this is a great opportunity for a turnkey investment with historically strong rental income. Close to world class beaches, shopping, dining and dining, come see all that this amazing property and Newport Beach have to offer. 1320 W Balboa Blvd is a turnkey property situated in the perfect location on the famed Balboa Peninsula just steps between the beach and the bay. The R2 zoned property consists of two detached units that were fully remodeled down to the studs in 2018. Each unit has three bedrooms, two bathrooms, luxury vinyl flooring, upgraded kitchens, recessed lighting, HVAC and dedicated laundry. The rear unit also has an attached one bedroom one-bathroom unit that can be used as an additional bedroom, studio or owner suite on property with its own entrance. Entertain friends and family while catching the ocean breeze on one of the three open patio spaces or up on the spacious rooftop deck. Parking is not an issue with the attached two car garage and two covered carport spaces. Currently operated as a short term rental property with active permits on file, this is a great opportunity for a turnkey investment with historically strong rental income. Close to world class beaches, shopping, dining and dining, come see all that this amazing property and Newport Beach have to offer.
Exterior Features

Fencing Wood Lot Size 1-3999 SF Parking Garage Description Garage Parking Non Garage Description Carport Parking Spaces Total 4 Patio DeckPatioRoof Top Pool N/K Residential Styles Townhome Residential Unit Location No Common Walls Roof Composition Site Sidewalks Spa N/K View OceanCoastlinePeek-A-Boo

Interior Features

Bath Totals 5 Bedrooms Total 7 Cooling Wall/Window Equipment Available DishwasherDisposalMicrowaveRefrigeratorFreezerGas OvenVented Exhaust FanGas Range Fireplace N/K Floor Coverings Linoleum/Vinyl Interior Features Granite CountersRecessed Lighting Interior Walls Drywall Laundry Location Closet Full SizedCloset StackedGarage Laundry Utilities Gas Searchable Rooms Living Room Stories Split Level Water Heater Type GasTanklessHigh Eff. Water Heater

Property Features

Accessibility Features None Architectural Style Craftsman/Bungalow Assessments N/K Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Storm DrainsSuburban Property Condition Turnkey Sales Restrictions Standard Sewer Septic Public Sewer Terms Exchange Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Public

Listing provided courtesy of Compass. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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