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$ 4,599,000
Est. payment | /mo
10 Beds
5 Baths
4,200 Sqft Lot
$ 4,599,000
Est. payment | /mo
10 Beds
5 Baths
4,200 Sqft Lot
Open House
Sat Sep 12, 1:00pm - 4:00pm
Sun Sep 13, 10:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID NP26196683
Bedrooms 10
Lot Size 4,200 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach. The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beachs most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income. Adding to the propertys appeal, each of the four units has its own private garagea rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community. With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.
Location
State CA
County Orange
Zoning Public Rec
Direction South on W Balboa Blvd; property is on the beachside of street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 04720101
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Orlando Clarizio, DRE#01944646 White Sail Realty
NEARBY SCHOOL & BUSINESS
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