Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California's premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space.
Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You're only steps away from Newport's world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula.
All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.
Sold for $2,610,888 on 06/27/24
Listing Provided by:
Arthur Dorr DRE #01899740 9495009832,
Balboa Realty
Bought with: Century 21 Masters
$2,610,888
1114 W Balboa Blvd, Newport Beach, CA 92661
6beds
2,791sqft
Quadruplex
Built in 1949
-- sqft lot
$-- Zestimate®
$935/sqft
$7,356 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 27, 2024 at 02:23pm
Listing Provided by:
Arthur Dorr DRE #01899740 9495009832,
Balboa Realty
Bought with:
Yolla Zogheib, DRE #01033743
Century 21 Masters
Source: CRMLS,MLS#: NP24116442
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 3
- Main level bedrooms: 3
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Microwave, Refrigerator
- Laundry: In Garage
Features
- Tile Counters
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,791 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Faces Rear
- Garage spaces: 2
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Deck
- Exterior features: Awning(s)
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 3,049 sqft
- Features: Walkstreet
Details
- Parcel number: 04726316
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid-Century Modern
- Property subtype: Quadruplex
Materials
- Stucco, Wood Siding
- Foundation: Slab
- Roof: Flat
Condition
- Fixer
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks, Urban
Location
- Region: Newport Beach
- Subdivision: Balboa Peninsula (Residential) (Balp)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional