1248 W Balboa Boulevard, Newport Beach, California
1248 W Balboa Boulevard, Newport Beach, California 92661 - Prime investment income property situated on a rare double-sized corner location in the heart of Balboa Peninsula. Eight units - six ground level 1 bedroom, 1 bathroom - beach bungalow style units divided by a charming common courtyard. Upstairs there is a spacious 1 bedroom, 1 bathroom unit with ocean and bay views along with a studio apartment. Six carports in the rear alley along with extra storage. Conveniently located one block from the ocean and the bay at the corner of 13th Street and W. Balboa Boulevard. Walking distance to the new Marina Park, Newport Pier, Balboa Pier, Fun Zone and all the shopping and dining the Peninsula has to offer. This is an excellent opportunity for an investor, developer or build your own dream beach home!
Listing Courtesy of Villa Real Estate