609 E Balboa Boulevard, Newport Beach, CA


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Listing Agent

About 609 E Balboa Boulevard

RARE SHORT TERM RENTAL PERMIT. Gorgeous 2 unit building in the heart of Balboa Village on the Peninsula in Newport Beach. The Second floor features a beautifully renovated approximately 1900 SF 3-bed, 3-bath residential condo with stunning upgrades including oak floors, crown molding, skylights and Carrara marble accents throughout the home. The main living space features a chef's kitchen with stainless steel Thermador appliances, an open floor plan living and dining room with a built-in wine fridge and plenty of natural light with the vaulted ceilings and skylights and a balcony overlooking the courtyard. The bedrooms are located towards the rear of the unit with skylights lining the hallway and an in-unit washer & dryer. The primary bedroom features vaulted ceilings, a patio and an ensuite bathroom with an oversized walk in shower and beautiful marble finishes. The First floor includes approx. 1100 SF of commercial space that can be used as retail, office or flex space. Both upper and lower units open into a serene courtyard. Each unit is metered separately for all utilities. 6 covered garage tandem spaces and an EV charger. Fantastic Location; just half a block from the beach, across the street from the Balboa Fun Zone and close the Balboa Pier. Both Residential and Commercial Condo to be sold together. Current leases are month to month. Property has short term rental permit for the upstairs residential unit that is transferable. Amazing Value Add Opportunity!

Features of 609 E Balboa Boulevard

MLS® # WS23112288
Price $3,370,000
Bedrooms 3
Bathrooms 4.00
Acres 0.06
Year Built 1990
Type Residential Income
Sub-Type Mixed Use
Status Active

Community Information

Address 609 E Balboa Boulevard
Area NP - Balboa Peninsula
Subdivision Balboa Peninsula (Commercial) (BPCD)
City Newport Beach
County Orange
State CA
Zip Code 92661


Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Connected
Parking Spaces 8
Parking Garage, Tandem
# of Garages 6
Garages Garage, Tandem
Is Waterfront No
Has Pool No
Pool None


Interior Wood
Interior Features Cathedral Ceiling(s), Open Floorplan, Pantry, Paneling/Wainscoting, All Bedrooms Up
Appliances 6 Burner Stove, Dishwasher, Freezer, Ice Maker, Refrigerator, Range Hood, Tankless Water Heater
Heating Central
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 2
Stories Two


Lot Description Rectangular Lot
Roof Tile

Additional Information

Date Listed July 1st, 2023
Days on Market 79
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentErica Fang

Listing Map

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