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Sold for $4,300,000 on 05/23/23
  • Listing Provided by: 

    Laura Henshall DRE #01091181 714-557-1435,

    CFG Investments

    $4,300,000

    901 E Balboa Blvd, Newport Beach, CA 92661

    --beds
    --baths
    3,482sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $4,581,500 Zestimate®
    $1,235/sqft
    $4,551 Estimated rent

    What's special

    FIRST TIME ON THE MARKET IN 45 + years. Upside potential income. This Tri-plex is located on the Balboa Peninsula with superb walkability to the Balboa Pier and local restaurants and is situated one building in from the board walk / sand. Ideal for the investor or the individual looking to live in one unit and rent out the others. Two three-bedroom 1 3/4 bathroom units with patios/balconies along with oversized fireplaces and hearths showcase the living space adding a sense of warmth while entertaining. Relaxation and entertaining is ideal on the patios /deck areas with the three bedroom units. The two upper units each have a peek-a - boo view of the water and an abundance of natural light . The upper two bedroom two bathroom is positioned over the garage area, with its own staircase providing this unit a sense of privacy. Parking is easy with remote access to ones garage space. Come feel the ocean breeze and live the beach life. 905 E. Balboa Blvd is listed for sale for 2,800,000 and can be purchased together with 901 E. Balboa Blvd or separately.

    Zillow last checked: 7 hours ago

    Listing updated: October 05, 2022 at 09:14am

    Listing Provided by:

    Laura Henshall DRE #01091181 714-557-1435,

    CFG Investments

    Bought with:

    John Allen, DRE #01939546

    Seven Gables Real Estate

    Source: CRMLS,MLS#: OC22103785MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,482
    • Total interior livable area: 3,482 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 3,720 sqft
    • Features: Rectangular Lot
    Details
    • Parcel number: 04814324
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Peninsula (Residential) (Balp)

    Other

    Other facts
    • Listing terms: Cash to New Loan
    Services availability
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    Estimated market value

    $4,581,500