1501 1503 E Balboa Boulevard, Newport Beach, CA 92661

About this single-family home

One of a kind custom duplex on Balboa's Peninsula Point in Newport Beach. Owners unit upstairs with a mother in laws unit below, or rent both as great income producing units. LOCATION LOCATION LOCATION - Steps from both the ocean and bay, this oversized corner lot is ideal with only one neighbor on one side and a city park on the other. COMPLETELY RENOVATED in 2015, no corner was left unturned. All new in 2015 - PEX plumbing, electrical, water filtration/water softening system, roof, doors/windows, air conditioning, appliances, custom cabinetry, speakers/surround sound and steam units in both Master Bath showers. 
 
 First Floor unit (1,230 sq/ft) is a 2 bedroom/2 bath mother in law quarters with a large outdoor patio/built in BBQ area that wraps around the property. Second Floor unit (1,835 sq/ft) features 3 bedrooms/2 baths and 3 outdoor patio decks. This Owner's unit also enjoys the 3rd floor covered indoor/outdoor enclosed patio, which is truly an entertainers dream. The 3rd floor (approx 700 sq/ft) consists of (4) flat screen TV's with surround sound speakers, fireplace, gas heaters and Lynx outdoor appliances (beer tap, refrigerators, ice maker and BBQ). Enjoy the third floor open on those sunny beach days, or close the hurricane shutters on those cold winter nights. 
 
 This duplex is truly a must see!

Listing description from the June 2017 sale, as reported to CRMLS.

Sale history

$3,500,000

Sold June 2017 · listed $3,499,999, on market April 2017 · MLS #PW17089766 · Source: CRMLS

Listing Agent: Marco Martelli · Listing Office: Joseph Martelli R E Invst Inc · Contact: 714-778-5300 · Bought with: Gantry Wilson · Keller Williams Realty

$3,500,000

Sold June 2017 · listed $3,499,999, on market April 2017 · MLS #PW17088948 · Source: CRMLS

Listing Agent: Marco Martelli · Listing Office: Joseph Martelli R E Invst Inc · Contact: 714-778-5300 · Bought with: Gantry Wilson · Keller Williams Realty

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