Property listed by First Team Real Estate, Sean Jarne [email protected]
$3,995,000
Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property… Read More features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see!
The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you’ll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle. Read Less
Listing Snapshot
Days Online
35
Last Updated
Property Type
Duplex
Lot Size
0.06 Acres
Year Built
1946
MLS Number
LG26166425
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasOven, GasRange
Building
Built in 1946, 2 buildings, Building faces East, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: WoodSiding
Community
Curbs, StreetLights, Sidewalks
Cooling
None
Exterior Features
Barbecue
Fence
Block
Floors
Wood
Foundation
Slab
Garage
1 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $78,000
Laundry
ElectricDryerHookup, GasDryerHookup
Lot
0.0588 acres, RectangularLot
Parking
1 total parking spaces, GarageFacesRear
Pool
None
Property
UpdatedRemodeled, Turnkey, Bay, Landmark, Ocean, Panoramic, PeekABoo, Water
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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