$2,425,000
$2,850,000
14.9%For more information regarding the value of a property, please contact us for a free consultation.
1324 W Balboa BLVD Newport Beach, CA 92661
Key Details
Sold Price $2,425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP18012376
Sold Date 05/10/18
HOA Y/N No
Year Built 1958
Property Description
Prime investment income property located in the heart of Balboa Peninsula. Well Maintained. PROPERTY IS A LEGAL TRIPLEX when seller acquired the units it was split into 6 units to maximize the income. The unit mix consists of the following: Two 2 bedrooms, one bath (Units A & B), four one bedroom, one bath Units A1, A2, C and C1-unit C has a den. Units A & B have their own washer & dryer. There are 3 carports. These units can easily be converted back to 3 or 4 large units. Conveniently located within a walking distance to the ocean and all restaurants and shops in Lido.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Fireplace No
Laundry Laundry Room
Exterior
Carport Spaces 3
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Two
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04723329
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Owner Will Carry
Listing Terms Cash, Cash to New Loan, Owner Will Carry
Financing Conventional
Special Listing Condition Standard
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Bought with Mehdi Khosh • Berkshire Hathaway HomeService