217 E Balboa BLD, Newport Beach, CA 92661 - MLS#CRPW25145412

Eric Boyenga

Agent | DRE01254725

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Listed by Albert Ricci • Ricci Realty
Bought with Jodi DiTolla

$ 2,700,000

Est. payment | -/mo

2,614 Sqft Lot

$ 2,700,000

Est. payment | -/mo

2,614 Sqft Lot

Key Details

Sold Price $2,700,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW25145412

Style Traditional

Year Built 1956

Lot Size 2,614 Sqft

Property Sub-Type Duplex

Property Description

2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Kitchen Dishwasher, Garbage Disposal, Microwave, Other, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Laundry Gas Hookup, In Laundry Room, Laundry Area, 30, Washer, Washer/Dryer - Owned, Dryer

Exterior

Parking Features Attached Garage, Garage, Gate / Door Opener, Side By Side

Garage Spaces 3.0

Pool 31, None

View Ocean, 30

Roof Type Composition

Building

Foundation Concrete Slab

Water District - Public

Others

Special Listing Condition Not Applicable

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

217 E Balboa BLD Newport Beach, CA 92661