Introducing an unparalleled investment opportunity: an exceptional triplex located in Newport Beach's coveted Balboa Peninsula which has never been on the market, directly opposite the idyllic Mothers Beach. Boasting unobstructed bay views and a unique absence of front-facing neighbors, this property epitomizes prime Newport Beach real estate. Each unit offers the potential for diverse income streams. Live in one unit while leasing out the other two, or capitalize on rental income from all three. The possibilities are limitless, making it an ideal investment for both seasoned investors and those seeking a lucrative Newport Beach property. A buyer can also investigate the possibility of converting to condos. The current owner was using the upstairs unit as one property, so it is currently set up as a duplex, but can easily be turned back into a triplex adding a door.Recently upgraded with renovated bathrooms, kitchens, carpet, lighting, and fresh paint, enhancing both aesthetic appeal and functionality. With views down the harbor and no neighbors in front to ever block your view, this is truly a once in a lifetime opportunity. Current floor plan is in the supplements for review.
|
DAYS ON MARKET
|
24
|
LAST UPDATED
|
4/22/2024
|
|
TRACT
|
Balboa Peninsula (Residential) (BALP)
|
YEAR BUILT
|
1968
|
|
COMMUNITY
|
Balboa Peninsula
|
GARAGE SPACES
|
4.0
|
|
COUNTY
|
Orange
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Ductless, Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Built-In Range, Dishwasher, Gas Range |
| AREA |
Balboa Peninsula |
| BUYER'S BROKERAGE COMPENSATION |
2.500 % |
| CONSTRUCTION |
Stone, Wood Siding |
| FIREPLACE |
Yes |
| GARAGE |
Garage, Garage Faces Rear, Yes |
| HEAT |
Forced Air |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Bar, Bedroom on Main Level, Ceiling Fan(s), High Ceilings, Main Level Primary, Primary Suite, Quartz Counters, Walk-In Closet(s) |
| LOT |
3162 sq ft |
| PARKING |
Garage,Garage Faces Rear |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Balboa Peninsula (Residential) (BALP) |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Overhead Utilities |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Bay,City Lights,Water |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Michael
Stark to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/24 9:10 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
