218 E Balboa Boulevard, Newport Beach, CA 92661

$2,195,000
2,816
SqFt
List Price
$2,195,000
Status
ACTIVE
MLS#
OC19044524
Year Built
1972
Living Sq. Ft
2,816
Lot Size
2,614
Acres
0.06
Lot Location
Corner Lot, Level with Street, Sprinkler System
Days on Market
6
Property Type
Multifamily
Stories
Two Level
Neighborhood
Balboa Peninsula (Residential) (Balp)
Days on Market
4

Property Description

ZONED FOR SHORT TERM RENTALS! This well appointed duplex on the Balboa Peninsula has ocean views, phenomenal curb appeal and is just 300 feet from the beach and a quick walk to the Fun Zone and pier. Upstairs is the perfect "owner occupied" unit with an open floor plan, updated kitchen with pantry, center island, breakfast nook, formal dining room and French doors off the den that open to a fantastic view of the sand and water. With a total of 1,741 SF, this unit offers 4 large bedrooms (including the master suite with dual sinks and vanity table in the updated bath), an additional bathroom, beveled glass dual pane windows that flood the space with natural light, and vaulted ceilings. Downstairs you will find an additional 1,202 SF unit with private entry and patio, consisting of 3 bedrooms and 2 baths, full kitchen, gas appliances and high efficiency windows. Both units are equipped with their own washer/dryer, central AC and ceiling fans throughout. See Supplementals for City of Newport Beach zoning information on short-term rentals. *Upstairs formal dining room was originally a 4th bedroom. A closet has been added and it can be easily converted back to a bedroom by adding drywall on one wall above the existing pony wall.*

Additional Information

Tract Number
510
Lot Description
Curbs, Sidewalks
Appliances
Dishwasher, Energy Star Appliances, Garbage Disposal, Gas Oven, Gas Water Heater, Range/Stove Hood, Vented Exhaust Fan
Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Central, Dual, Electric
View
Bay, Ocean
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jennifer Frazier from Villa Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.