1213 W Balboa Boulevard, Newport Beach, CA 92661
-
Listed Price :
$3,100,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1952
Property Description
Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1213 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units—one upstairs and one downstairs—and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. Together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments. Don’t miss this chance to own two side-by-side beach-close lots with incredible potential.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Features |
All Bedrooms Up, All Bedrooms Down |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Laminate, Tile |
| Interior Information |
| Features |
Beamed Ceilings, High Ceilings, Unfurnished, All Bedrooms Up, All Bedrooms Down |
| Cooling Type |
None |
Listing Information
| Address |
1213 W Balboa Boulevard |
| City |
Newport Beach |
| State |
CA |
| Zip |
92661 |
| County |
Orange |
| Listing Agent |
Kurt Galitski DRE #01348644 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$3,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
3,049 |
| Year Built |
1952 |
Listing information courtesy of: Kurt Galitski, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 7:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
