417 Balboa blvd, Newport Beach, CA 92661
Active
$5,985,000
12%
3 Units
7 Beds
7 Baths
3,314 Area(sq.ft.)
Lot: 3,049 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | n/a | $ 4,000 | n/a |
| Unit 2 | 1 | 2 | 1 | No | n/a | $ 4,000 | n/a |
| Unit 3 | 1 | 3 | 4 | No | n/a | $ 8,000 | n/a |
| 3 | 7 | 7 | $ 0 | $ 16,000 | $ 0 |
| MLS #: | PW24103028MR |
| Days On Market: | 541 |
| Listing Date: | June 21, 2024 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,806 |
| Price per unit: | $ 1,995,000 |
| Year Built: | 2017 |
Property Details
Two Separate Homes on this Beautiful Lot! Total of 3 Units! Absolutely Perfect Opportunity here on the Balboa Peninsula. Two Newer Build & Remodeled Homes 417 and 419 E. Balboa Blvd. Fantastic Family Compound and/or Prime Investment for Rental Income possibilities, Steps to the Beach. First Home 417 is 2 Units. Gorgeous Two Story approx 1914 living sqft with 3 bedrooms (1st Floor Primary bed) plus a 4th extra room for bedroom, den or office, 2.5 Bathrooms, large Livingroom and Kitchen. This home has 2 Kitchen areas and Living rooms (upstairs and downstairs) and can be perfect for multi-families as well. Newer Custom Remodeling includes; Porcelain Tile and Cherry Walnut Wood floors, Low E Vinyl Windows, Custom Panel Doors & Front Door, Fire Sprinklers, New Electrical and Plumbing, House Water Softener System, Roof, Outside Patio Deck & Shower. Second Home 419 is Newer Construction. Just Perfect with 3 levels, approx 1400 living sqft with an elevator for easy access. 3 bedrooms, 3.5 bathrooms. Beautiful, Light & Bright! Gorgeous Open Views from the 3rd floor Kitchen, Patio and Viewing Deck looking out to the Ocean and Newport Pier. A Spacious Floorplan with Living Area with Custom Fireplace which opens to the Kitchen & Dining. Beautiful Elegant Custom work includes; Luxury Italian Porcelain Tile Flooring through the Home, New Paint (inside and outside), Low E Vinyl Windows, Baseboards, Recessed Lighting, Custom Panel Doors & Hardware, Heating and A/C systems with ductwork, Whole House Water Softener System & House Vacuum System. Extra Large Gourmet Kitchen has Granite Counters/Tile Backsplash, Blue Star Professional 8 Burner Gas Range, Plenty of Storage Cabinets and Pantry. Inviting, Elegant Master Bedroom Suite with Custom Fireplace and Relaxing Master Bath with Custom jet bubbled tub. These are truly 2 unique homes. Wonderful Beach Living with Patio Decks for you to Enjoy Star Gazing and Quiet, Peaceful Times at the Beach. This is your Own Private Oasis with a Sparkling Lighted Home Spa in your Designer Garden Yard. Additionally, there is a finished 2 Car Attached Garage with 2 sets of doors, 2 Car Carport and 2 Charging Stations (Tesla and Regular). A Rare Find here in Newport Beach. Just Steps to the Beach, Permit Parking available, close to shopping, restaurants, Beach trails, Biking and Award winning Schools. Welcome Home!!Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 1 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Biking, Watersports, Sidewalks, Street Lights |
| Security Features: | Fire Sprinklers |
| Style: | Modern |
| Sewer: | Public Sewer |
| View Description: | City Lights, Ocean |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Direct Entrance, Door Opener, Electric Vehicle Charging Station(s), Garage, Garage - 1 Car, Pull-through |
Interior
| Cooking Appliances: | Oven-Gas, Range |
| AC/Cooling: | Central |
| Equipment: | Inside, Laundry Closet Stacked, Refrigerator, Stackable W/D Hookup, Water Purifier |
| Heating: | Central |
| Fireplace Rooms: | Living Room |
| Laundry: | Inside, Laundry Closet Stacked, Stackable W/D Hookup |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Spa: | True |
| Spa Description: | Above Ground, Heated, Private |
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