Newport Beach CA  home offered at $2,650,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

905 E Balboa Boulevard
Newport Beach, California CA 92661-1363
Sold For: $2,291,250
Listing ID: OC22103791
Price/SqFt: $863.97
Status: Closed
Sold Date: 11/29/2022
SqFt: 2,652 Sq Ft
Acres: 0.062 Acres
Subdivision: Balboa Peninsula (Residential) (BALP)
Year Built: 1971

FIRST TIME ON THE MARKET IN 45+ years. Great upside rent potential . This spacious duplex is one building in from the board walk/sand and has superb walkability to the Balboa Pier and local dining establishments. Such an investment is ideal for the investor or the individual looking to live-in one unit and rent out the other. Both units are 3 bedrooms, 1 3/4 bathroom units and are extremely spacious. The master suites accommodate oversized furniture and feature two closets and a generous dressing area. Each unit has a fireplace and large hearth in the main entertaining space adding to the ambiance of the room. The upper three bedroom has soaring ceilings in the living area , which showcase the natural light and airiness of this unit. Balconies / patios are off the main areas extending ones living/entertaining space. Parking is easy with remote access. The garage area does have the ability for washer /dryer hookups, but currently is not being utilized. Come and enjoy the ocean breezes and the fresh air. 901 E. Balboa Blvd is listed for sale for 3,500,000 and can be purchased together with 905 E. balboa Blvd or separately .

Primary Features

County: Orange
Price Reduction Date: 2022-08-08T20:24:04+00:00
Price/SqFt: 863.97
Property Type: Residential Income
Subdivision: Balboa Peninsula (Residential) (BALP)
Year Built: 1971

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Cooling: no
Cooling Type: None
Fireplace: yes
Fireplace Features: Living Room
Garage Spaces: 2
Heating: yes
Heating Type: Central
Laundry: yes
Laundry Features: In Garage
Levels: Two
Number With Dishwasher: 2
Number With Disposal: 2
Number With Range: 2
Stories Total: 2

External

Lot Features: No Landscaping
Lot Size Area: 2699
Lot Size Source: Assessor
Lot Size Square Feet: 2699
Number Of Buildings: 1
Parking Total: 2
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: NP - Balboa Peninsula
Subdivision Name Other: Balboa Peninsula (Residential) (BALP)

Additional

Additional Parcels: no
Assessments: Unknown
Association: no
Community Features: Urban
Days On Market: 176
List Agent State License: 01091181
List Office State License: 00853506
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 1
Number Of Units Total: 2
Parcel Number: 04814325
Senior Community: no
Year Built Source: Assessor

Financial

Gross Operating Income: 79200
Gross Scheduled Income: 79200
Insurance Expense: 1159
Land Lease: no
Net Operating Income: 999999
New Taxes Expense: 34667
Operating Expense: 999999
Other Income Description: RUBS inco for house ut
Price Per Unit: 1325000
Rent Control: yes
Special Listing Conditions: Standard
Tax Block: 14
Tax Census Tract: 628.00
Tax Lot: 2
Tax Tract Number: 104
Tenant Pays: Electricity, Gas
Total Expenses: 9999999
Water Sewer Expense: 703

Zoning Info


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Listed by: LauraHenshall, DRE #01091181 from CFG Investments

Contact - Listing ID OC22103791

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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