Excellent opportunity for investors or future homeowners! Currently used as a rental, this property offers immediate income potential and is ideal as an up leg for a 1031 tax-deferred exchange. Whether you’re looking for a strong addition to your investment portfolio or prefer to rent it out now and move in later, this home provides flexibility and long-term value. A rare chance to secure an income-producing property today with the option to make it your personal residence in the future.
When you enter this newer-built home, you’ll instantly feel you’ve arrived at the perfect blend of luxury and comfort. The dramatic living area is centered around a cozy fireplace, creating a warm and inviting space to relax or entertain. Upstairs, three oversized bedrooms offer comfort and privacy, while the third floor reveals a surprising retreat that could serve as another primary suite. GREAT VIEW OF OCEAN With a private elevator connecting each level, convenience is built right in.
Enjoy sweeping views of ocean from multiple levels, and embrace the coastal lifestyle with an outdoor fireplace and built-in barbecue designed for year-round gatherings. Whether as a savvy investment or your dream home by the beach, this property delivers both opportunity and lifestyle. Best of all, it’s just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.
For sale
Listing Provided by:
John Veytia DRE #00279282 949-701-5554,
Compass,
Neda Alimoradian DRE #02191067 949-741-0003,
Compass
$4,899,000
200 E Balboa Blvd, Newport Beach, CA 92661
4beds
--baths
3,029sqft
Est.:
Multi Family
Built in 2017
-- sqft lot
$4,778,500 Zestimate®
$1,617/sqft
$-- HOA
What's special
Cozy fireplaceOutdoor fireplaceSweeping views of oceanBuilt-in barbecueOversized bedrooms
- 3 days
- on Zillow |
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