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    1216 W Balboa Boulevard

    Newport Beach, CA 92661
    • $4,999,888
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: CV21005090
    UPDATED: 50 min ago
    $4,999,888
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,382
      SQFT
    • $929
      $/SQFT
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    SEVEN UNIT MULTI-FAMILY IN THE CENTER OF NEWPORT BEACH. BETWEEN THE BAY AND THE OCEAN. DOUBLE LOT. WALK ONE BLOCK TO THE BAY OR BEACH.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-27T16:31:25.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113132957
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    1216 W Balboa Boulevard Newport Beach, CA 92661

    • Price: $4,999,888
    • Status: Active
    • Updated: 50 min ago
    • MLS #: CV21005090
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,382
    SQFT
    $929
    $/SQFT
    1949
    Built
    Neighborhood:
    Balboa Peninsula (Residential) (Balp)
    County:
    Orange
    Area:
    NP - Balboa Peninsula
    Property Description
    SEVEN UNIT MULTI-FAMILY IN THE CENTER OF NEWPORT BEACH. BETWEEN THE BAY AND THE OCEAN. DOUBLE LOT. WALK ONE BLOCK TO THE BAY OR BEACH.
    Exterior Features

    Garage Spaces 4.00 Lot Features Rectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Interior Features Unfurnished Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 617.00 Elevation Units Feet Fuel Expense 551.00 Gross Income 207010.00 Gross Scheduled Income 207010.00 Insurance Expense 2814.00 Land Lease YN No Laundry YN Yes Net Operating Income 81851.00 New Construction YN No New Taxes Expense 37026.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 125158.00 Professional Management Expense 2770.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Balboa Peninsula (Residential) (Balp) Total Expenses 125158.00 Trash Expense 756.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 1500.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Steve Gomez of Re/Max Time Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-27T16:31:25.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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