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913 W Balboa Boulevard, Newport Beach, CA 92661

Triplex

913 W Balboa Boulevard, Newport Beach, CA 92661 Sold June 2023 CRMLS
$3,700,000Sold June 2023

Listing Agent: James Heydorff (DRE #01127234) · Listing Office: Jim Heydorff · Contact: 949-290-5464 · Bought with: Steven "Bud" Mastropaolo · eXp Realty of Southern Ca, Inc · MLS #NP23025528 · Source: CRMLS

3,193 sqft
Lot Size
1962
Year Built
Triplex
Type
0
Garage
None
Cooling
WallFurnace
Heating
Bay, BackBay, Bridges, Catalina, Coastline, Mountains, Panoramic
View

About this triplex

FIRST TIME ON THE MARKET IN 50 + years. 913 W Balboa Blvd. This Tri-plex is located on the Balboa Peninsula with Great walkability to the Balboa Pier and local restaurants and is situated one building in from the board walk / sand. Ideal for the investor or the individual looking to live in one unit and rent out the others. Each floor has a three-bedroom 2 bathroom, with patios/balconies along with oversized bedrooms and Views from the roof top deck. Relaxation and entertaining is ideal on the patios. The units on the second floor has a peek a boo view out towards the Ocean. The unit on the 3rd floor has views of the Ocean and of the Bay. When you go up onto the roof top deck. you have clear 360 degree views up and down the coast. Unit A on the ground floor was completely updated in a few years back. Unit B & C need to be updated. All units have been rented constantly. Highly desirable area. Property is being sold as is! Tenants are all month to month Showings with acceptable offers only. Great potential for weekly summer rental etc etc. Buyer to verify with the city of Newport on property qualifications for short term rentals. Sellers reserves the Escrow & Tittle companies. Seller will consider all reasonable offers!

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$3,700,000
Sold June 2023 · listed $3,900,000, orig. $4,200,000, on market March 2023 · MLS #NP23025528 · Source: CRMLS
Listing Agent: James Heydorff · Listing Office: Jim Heydorff · Contact: 949-290-5464 · Bought with: Steven "Bud" Mastropaolo · eXp Realty of Southern Ca, Inc
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