Newport Beach, CA 92663,1509 W Balboa BLVD
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Newport Beach, CA 92663,1509 W Balboa BLVD
Newport Beach, CA 92663,1509 W Balboa BLVD
Newport Beach, CA 92663,1509 W Balboa BLVD
Newport Beach, CA 92663,1509 W Balboa BLVD

$1,850,000

Est. payment /mo

$1,699,000

8.9%
Est.Price: ?

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1509 W Balboa BLVD Newport Beach, CA 92663

2,509 Sqft Lot

SOLD DATE : 10/18/2021

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID OC21162497

Sold Date 10/18/21

HOA Y/N No

Year Built 1948

Lot Size 2,509 Sqft

Property Description

Fantastic triplex investment opportunity located on the Balboa Peninsula, steps to the sand. Comprised of three one bedroom one bath units plus a three car garage on a corner lot. Close to world class beaches, popular restaurants and shopping. Property will be sold in "AS IS' condition.
Buyer is advised to meet with the City of Newport Beach Planning and Building Departments to discuss any future improvements and/or possible development of the property prior to submitting an offer. The property is considered a non conforming triplex on a R-2 lot. Per the City, no new single family home nor condo will be permitted to be built. SHOWING WITH ACCEPTED OFFER ONLY! Please do not disturb the residents.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 04721108

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Craig Ratowsky • Compass
Bought with Felipe Alvarez • Vylla Home, Inc.

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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