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1248 W Balboa Boulevard, Newport Beach, California

$3,200,000Active

1248 W Balboa Boulevard, Newport Beach, California 92661
- MLS® ID: NP17156068

Property Details

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!

Amenities

  • Zip92661
  • CountyOrange
  • SQFT6233
  • StatusActive
  • Purchase TypeActive
  • Zoning typeR2
  • Year built1948
  • Lot size0.1400
  • SewerSewer Paid
  • Parking6.00
  • HOA fees$0.00
  • MLS® IDNP17156068

Listing Courtesy of Villa Real Estate

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“Joel was very quick to reply to my questions, straight to the point and had good follow through. I appreciated him taking the time to answer my questions and give me further direction with homes in the Rancho Cucamonga area. Thanks Joel!”

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