217 E Balboa BLVD new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID PW25145412
Year Built 1956
Lot Size 2,613 Sqft
Property Sub-Type Duplex
Property Description
2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet,Laminate
Fireplaces Type None
Inclusions ALL APPLIANCES/FURNITURE WITHOUT WARRANTY
Laundry Common Area,Washer Hookup,Gas Dryer Hookup,Laundry Room
Exterior
Parking Features Door-Multi,Garage,Garage Door Opener,Garage Faces Rear,Side By Side
Garage Spaces 3.0
Garage Description 3.0
Fence Stucco Wall,Wood
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Waterfront Description Across the Road from Lake/Ocean,Beach Access
View Y/N Yes
View Ocean,Peek-A-Boo
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre,Rectangular Lot
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan,1031 Exchange
Listing Terms Cash to New Loan,1031 Exchange
Special Listing Condition Standard,Trust