About 421 E. Balboa Blvd
Outstanding investment opportunity in the "Balboa Fun Zone" BTV. Each unit boasts 3 beds and 1 3/4 baths with 1250 room sqft BTV. Upstairs unit has been remodeled with open kitchen and vaulted ceilings. Both units show well and are ready for owner user or tenants. 3 car attached garage in a parking starved community!!! Seller has conducted a pre-sale general inspection which is included in MLS supplements. Top unit is rented on a month to month basis, bottom unit is currently being used for showing purposes. Single water meter, which owner pays. Separate electric and gas meters, which are paid for by tenant. Buyer is advised to check with city for the opportunity to add a 3rd level to this 2 story structure for potential views and additional income. Property is being sold as-is in it's present condition.
Features of 421 E. Balboa Blvd
| MLS® # | SB23130417 |
|---|---|
| Price | $2,550,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Acres | 0.07 |
| Year Built | 1972 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active Under Contract |
Community Information
| Address | 421 E. Balboa Blvd |
|---|---|
| Area | NP - Balboa Peninsula |
| Subdivision | Balboa Peninsula (Residential) (BALP) |
| City | Newport Beach |
| County | Orange |
| State | CA |
| Zip Code | 92661 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking Spaces | 3 |
| Parking | Assigned |
| # of Garages | 3 |
| Garages | Assigned |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet |
|---|---|
| Appliances | Dishwasher |
| Heating | Forced Air |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Stucco, Drywall |
|---|---|
| Exterior Features | Rain Gutters |
| Lot Description | 0-1 Unit/Acre |
| Windows | Screens |
| Roof | Composition |
| Construction | Stucco, Drywall |
| Foundation | Slab |
Additional Information
| Date Listed | July 13th, 2023 |
|---|---|
| Days on Market | 145 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Gary Kooba |
|---|---|
| Office | Vista Sotheby’s International Realty |