Views - Seller Financing - Lease to Own
Address
1320 W Balboa Boulevard Newport Beach, CA
Price
$ 2,575,000
Property Attributes
  • MLS#NP20073018
  • TypeSingle Family
  • CountyORANGE
  • CityNewport Beach
  • AreaBalboa Peninsula
  • NeighborhoodBalboa Peninsula
  • Zip92661
  • StyleBungalow
  • Price$ 2,575,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2371
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
Tyler Brown with Compass.
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 an active permit 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.

Price History
4/14/2020 Listed $2,575,000

General Features

Appliances Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
Architectural Style Bungalow
Assessments None
Attached Garage Yes
Attached Structure Detached
Community Features Sidewalks, Storm Drains, Street Lights
Construction Materials Drywall Walls
Cooling Wall/Window Unit(s), Electric, High Efficiency
Directions South on Balboa Blvd, property is on left hand side
Exterior Features Awning(s)
Flooring Vinyl
Garage Spaces 2.00
HOA Fee 0.00
Heating Electric
High School District Newport Mesa Unified
Interior Features Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
Lease Considered Y/N Yes
Levels One
Listagentaor Newport
Listing Agent Tyler Brown - BRE#02043514
Listing Agent State License 02043514
MLS Area NP - Balboa Peninsula
Parking Features Attached Carport, Garage Faces Rear
Patio/Porch Features Deck, Patio, Front Porch, Roof Top
Pool Features None
Price Per Square Foot 1086.04
Property SubType Duplex
Roof Composition
Sewer Public Sewer
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Subdivision Name Balboa Peninsula (Residential) (BALP)
Subdivision Name Balboa Peninsula (Residential) (BALP)
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
View Neighborhood, Peek-A-Boo

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls No Common Walls
Eating Area Area, In Living Room
Fireplace Features None
Full + 3/4 Baths 5
Full Baths 5
Heating Y/N Yes
Laundry Features Gas Dryer Hookup, In Closet, In Garage, Washer Hookup
Laundry Y/N Yes
Main Level Bathrooms 3
Main Level Bedrooms 4
Room Type Kitchen, Living Room, Main Floor Bedroom
Total Stories 2
Window Features Double Pane Windows

Exterior Features

Fence Y/N Yes
Fencing Wood
Lot Features 2-5 Units/Acre
Lot Size Acres 0.0700
Lot Size Area 3049.0000
Lot Size Source Assessor
Lot Size Square Feet 3049.00
Lot Size Units Square Feet
Parking Y/N Yes
Patio Y/N Yes
Road Frontage Type City Street
Total Parking 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92661

Price
AVG $7.98M
$2.58M
Visits
AVG 195
59
Year Built
AVG 1986
1955

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