Newport Beach, CA 92661,1216 W Balboa BLVD
Newport Beach, CA 92661,1216 W Balboa BLVD
Newport Beach, CA 92661,1216 W Balboa BLVD
12
$4,683,000
$4,999,888
6.3%
Est.Price: ?

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6,098 Sqft Lot

1216 W Balboa BLVD Newport Beach, CA 92661

Est. payment /mo
SOLD DATE : 06/01/2021

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Key Details

Sold Price $4,683,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID CV21029693

Sold Date 06/01/21

HOA Y/N No

Year Built 1949

Lot Size 6,098 Sqft

Property Description

NEWPORT BEACH 7 UNIT ON THE BALBOA PENINSULA. THIS TROPHY PROPERTY IS LOCATED IN THE HEART OF NEWPORT BEACH. FEATURES A DOUBLE LOT, ON-SITE LAUNDRY ROOM, GARAGES AND PARKING SPACES INCLUDED. CURRENT OWNER HAS 7 AirBnb LICENSES. FOUR 2 BEDROOM 2 BATH AND THREE 2 BEDROOM 1 BATH UNITS. UNITS ARE CURRENTLY ON MONTH TO MONTH OR YEARLY LEASES.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Balcony, Ceiling Fan(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04723414

Energy Description 775.0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by STEVE GOMEZ • RE/MAX TIME REALTY
Bought with Matthew Firth • Matthew Firth, Broker

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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