1213 W Balboa BLVD Newport Beach, CA 92661
2,284 SqFt
UPDATED:
09/30/2024 05:55 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,284 sqft
Price per Sqft $1,357
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID PW24187699
Construction Status Fixer
HOA Y/N No
Year Built 1952
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions Public Records
Property Description
Located near the beach in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers.
The property at 1213 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units—one upstairs and one downstairs—and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd.
This property is being offered contingent on the sale of 1209 W. Balboa Blvd., and together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments.
Don’t miss this chance to own two side-by-side beach-close lots with incredible potential.
Square footage of apartments is estimated.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Zoning 31
Rooms
Ensuite Laundry None
Interior
Interior Features Beamed Ceilings, High Ceilings, Unfurnished, All Bedrooms Up, All Bedrooms Down
Laundry Location None
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Electric Cooktop, Disposal, Gas Range, Water Heater
Laundry None
Exterior
Garage Assigned, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Gutter(s)
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Parking Type Assigned, Garage
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 04724110
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard, Trust
