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Property Description
Magnificent mix use building in prime Newport Beach peninsula. Only steps to the beach and bay in a most coveted neighborhood. First commercial level is a fully renovated restaurant with permitted patio leased at $4,500 until June 2023. Can also be modified into two NNN rentals. There is also three separate one car garages for each tenant. Second residential level consists of two furnished units rented month to month, 2 bedroom one bath at $3,600 (was rented for $3200) and a one bedroom one bath at $2,600 per month. Third level consists of a very large shared rooftop deck with some beach and city views.
Features
: City Lights, Ocean, Peek-a-boo
: Common roof
: 4.00
: Electricity – On Property, 220 Volts In Garage, 220 Volts In Kitchen
: Park Nearby, Rectangular Lot
: Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Underground Utilities
: Public
2
: Electric Dryer Hookup, Washer Hookup, Gas & Electric Dryer Hookup, In Garage, Common Area
0
: Public Sewer
0
0
: Sidewalks, Street Lights, Hiking, Park, Watersports, Dog Park, Biking, Storm Drains, Fishing
: Garage – Three Door, Assigned
: Turnkey
: Slab
: In-law Floorplan, Beamed Ceilings, Block Walls
: No Common Walls
MLS Addon
Across The Road From Lake/ocean,beach Access,fishing In Community,ocean Access
Homecoin.com
House

Residential Income For Sale

514 Balboa Boulevard, Newport Beach, California 92661

2,364 Sqft
$2,499,000
Listing ID #TR21197650
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : TR21197650
Price : $2,499,000
Rooms : 0
Square Footage : 2,364 Sqft
Year Built : 1960
Lot Area : 0.05 Acre
Price Per Square Foot : $1,057
Status : Active
Property SubType : Commercial/residential
Subdivision : Balboa Peninsula (Commercial) (BPCD)
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