217 East Balboa Boulevard

Newport Beach,CA 92661

$ 2995000

- Bed

0 Bath

1808 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,808 sqft

Price per Sqft $1,656

Subdivision Balboa Peninsula (Residential)

MLS Listing ID PW-25145412

Style Traditional

Year Built 1956

Lot Size 2,614 Sqft

Property Sub-Type Duplex

Property Description

2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Ceiling Fan(s),Balcony,Furnished,Open Floorplan

Heating Wall Furnace

Flooring Carpet,Laminate

Fireplaces Type None

Inclusions ALL APPLIANCES/FURNITURE WITHOUT WARRANTY

Laundry Common Area,Dryer Included,Gas Dryer Hookup,Individual Room,Washer Hookup,Washer Included

Exterior

Parking Features Garage - Three Door,Garage - Two Door,Garage Door Opener,Garage Faces Rear,Side by Side

Garage Spaces 3.0

Pool None

Community Features Curbs,Sidewalks,Storm Drains,Street Lights

Utilities Available Sewer Connected,Water Connected,Cable Available,Electricity Connected,Natural Gas Connected

View Y/N Yes

View Peek-A-Boo,Ocean

Building

Lot Description Rectangular Lot,0-1 Unit/Acre

Sewer Public Sewer

Others

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