Magnificent mix use building in prime Newport Beach peninsula. Only steps to the beach and bay in a most coveted neighborhood. First commercial level is a fully renovated restaurant with permitted patio leased at $4,500 until June 2023. Can also be modified into two NNN rentals. There is also three separate one car garages for each tenant. Second residential level consists of two furnished units rented month to month, 2 bedroom one bath at $3,600 (was rented for $3200) and a one bedroom one bath at $2,600 per month. Third level consists of a very large shared rooftop deck with some beach and city views.
DAYS ON MARKET
|
175
|
LAST UPDATED
|
3/7/2022
|
TRACT
|
Balboa Peninsula (Commercial) (BPCD)
|
YEAR BUILT
|
1960
|
COMMUNITY
|
Balboa Peninsula
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Oct 25, '21
|
$2,395,000
|
Oct 25, '21 - Oct 26, '21 |
$2,399,000
|
Oct 26, '21 - Today |
$2,499,000 |
AREA |
Balboa Peninsula |
CONSTRUCTION |
Block |
EXTERIOR |
Barbecue |
GARAGE |
Assigned, Door-Multi, Garage, Yes |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Up, Beamed Ceilings, Block Walls, In-Law Floorplan |
LOT |
2178 sq ft |
LOT DESCRIPTION |
Near Park, Rectangular Lot |
PARKING |
Assigned,Door-Multi,Garage |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
SUBDIVISION |
Balboa Peninsula (Commercial) (BPCD) |
UTILITIES |
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Underground Utilities,Water Connected, Electric: Electricity - On Property,220 Volts in Garage,220 Volts in Kitchen |
VIEW |
Yes |
VIEW DESCRIPTION |
City Lights,Ocean,Peek-A-Boo |
WATER |
Public |
WATERFRONT |
Yes |
WATERFRONT DESCRIPTION |
Across the Road from Lake/Ocean,Beach Access,Ocean Access |
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/25/24 10:34 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
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