$3,262,500
$3,695,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
2,596 SqFt
SOLD DATE : 03/31/2025
Key Details
Sold Price $3,262,500
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $1,256
Subdivision Balboa Island - Main Island (Bal
MLS Listing ID NP25006168
Sold Date 03/31/25
Bedrooms 7
Full Baths 5
Year Built 1959
Property Sub-Type Townhome
Property Description
Check out this exciting investment opportunity located in the heart of Newport Beach's Balboa Island! This unique property is just steps to quaint Marine Avenue with its array of shops and restaurants, providing a convenient and vibrant lifestyle. Three units in total - two 3-bedrooms with 2-baths each and an upper studio with loft and rooftop access. The lower unit comes with a short-term rental permit, making it an ideal income-generating property. Enjoy breathtaking city and harbor views from the rooftop deck, perfect for entertaining or simply relaxing and taking in the scenery. Don't miss out on this rare opportunity to own a piece of Balboa Island real estate with endless potential. ONE (1) ACTIVE TRANSFERABLE SHORT TERM LODGING PERMIT (lower unit only)
Location
State CA
County Orange
Direction Marine Ave turn right on Park.
Interior
Heating Forced Air Unit
Flooring Carpet, Tile
Fireplaces Type FP in Living Room
Fireplace No
Appliance Dishwasher
Exterior
View Y/N Yes
Water Access Desc Public
View Harbor
Roof Type Composition
Total Parking Spaces 3
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
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Bought with Donald Abrams Abrams Coastal Properties
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