1114 Balboa Boulevard, Newport Beach

$2,495,000

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6

Beds

5

Baths

0.07

Acres

Listing Agent
Arthur Dorr - Balboa Realty

About 1114 Balboa Boulevard

Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California's premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space. Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You're only steps away from Newport's world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula. All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.

Features of 1114 Balboa Boulevard

MLS® # NP24116467
Price $2,495,000
Bedrooms 6
Bathrooms 5.00
Acres 0.07
Year Built 1949
Type Residential Income
Sub-Type Quadruplex
Style Mid-Century Modern
Status Active Under Contract

Community Information

Address 1114 Balboa Boulevard
Area NP - Balboa Peninsula
Subdivision Balboa Peninsula (Residential) (BALP)
City Newport Beach
County Orange
Zip Code 92661

Amenities

Utilities Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected
Parking Spaces 3
Parking Garage, Garage Faces Rear
# of Garages 2
Garages Garage, Garage Faces Rear
View City Lights
Is Waterfront No
Waterfront Across the Road from Lake/Ocean, Ocean Side Of Freeway, Ocean Side Of Highway
Has Pool No
Pool None

Interior

Interior Laminate, Vinyl
Interior Features Tile Counters
Appliances Microwave, Refrigerator
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Exterior Stucco, Wood Siding
Exterior Features Awning(s)
Lot Description Walkstreet
Windows Blinds
Roof Flat
Construction Stucco, Wood Siding

Additional Information

Date Listed June 7th, 2024
Days on Market 12
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentArthur Dorr
OfficeBalboa Realty

Listing Map

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