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$3,680,000
117 Days Online

2711 W Balboa Boulevard
Newport Beach, CA 92663

For Sale|Multi-Family|Active
Subdivision:
Balboa Peninsula (Commercial) (Bpcd)
County:
Orange
Listed by Jimmy Chen of 168 Realty Inc.

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2711 W Balboa Boulevard2711 W Balboa Boulevard2711 W Balboa Boulevard2711 W Balboa Boulevard
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Monthly Payment (Est.)

$16,790
Calculator powered by Showcase IDX. Copyright ©2023 Information is deemed reliable but not guaranteed.

Vacation rental duplex ready with two short-term rental permits of the City of Newport Beach (Short-term rental permits are very limited and no additions in near future). This modern beautiful duplex located in the heart of the picturesque Balboa Peninsula, ten homes from the beach within the famed one block from the sparkling sand and sea. It comprises of two fully furnished units spanning 2474 Sq/Ft., and has been remodeled and re-piped in 2021. Unit A is a spectacular, open-floor 2 bedroom, 2 bathroom with an array of upgrades and exceptional materials including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinet, designer subway tile backsplashes, and newer quartz countertops. Unit B is a remarkable, refined and upgraded with 3 bedroom, 2 bathroom, spacious dining area, and balcony with a BBQ servicing the opulent living room. Additional features include Dutch entry doors, custom designer tiles, luxury vinyl plank flooring throughout both units and 2 car garage. This is your chance to own property in the famous harborside community of Balboa Peninsula, with shopping, world-class dining and a world-famous boardwalk just moments away. The property has stellar established gross rental history, with gross income at approximately $195,000. This property provides tremendous opportunity for stable and steady income and existing reservations are already in place through Summer 2023.

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Listing Snapshot
Price 
$3,680,000
Days Online 
117 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,474 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1972
MLS Number 
TR22218561
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS
4 months agoListing first seen online
General Features
Acreage 
0.05
Water 
Public
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Sewer 
Public Sewer
Property Condition 
Updated Remodeled
Garage Spaces 
2
Electric 
Electricity On PropertyStandard
Parking 
Door MultiGarageGarage Faces Side
Number of Stories 
2
Listing Conditions 
Standard
Parking Spaces 
2
Property Sub Type 
Duplex
Interior Features
Laundry Features 
Electric Dryer HookupGas Dryer HookupIn Garage
Cooling 
Central Air
Appliances 
DishwasherFreezerGas CooktopGas OvenGas RangeGas Water HeaterMicrowaveRefrigerator
Heating 
CentralForced Air
Flooring 
Vinyl
Fireplace Features 
None
Interior 
BuiltinFeaturesBalconyCeilingFansFurnishedHighCeilingsOpenFloorplanRecessedLightingAtticWalkInClosets
Fireplace 
No
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Exterior Features
Lot 
Paved
Pool Features 
None
Fencing 
None
Spa 
No
Spa Features 
None
Waterfront Features 
Ocean AccessOcean Side Of FreewayOcean Side Of Highway
View 
City LightsNeighborhood
Community Features
Senior Community 
No
MLS Area 
NP - Balboa Peninsula
Community Features 
Sidewalks
Association Dues 
0
Crmls Logo Real Estate For Sale

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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