217 E Balboa BLVD Pending

Newport Beach,CA 92661

$ 2995000

- Bed

- Bath

1808 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,808 sqft

Price per Sqft $1,656

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID PW25145412

Style Traditional

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1956

Lot Size 2,613 Sqft

Acres 0.06

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

Rooms

Other Rooms Kitchen,Laundry,Living Room

Interior

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

Heating Wall Furnace

Cooling None

Flooring Carpet,Laminate

Fireplaces Type None

Inclusions ALL APPLIANCES/FURNITURE WITHOUT WARRANTY

Appliance Dishwasher,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator

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

Exterior

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

Garage Spaces 3.0

Fence Stucco Wall,Wood

Pool None

Community Features Curbs,Sidewalks,Storm Drains,Street Lights

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

Waterfront Description Across the Road from Lake/Ocean,Beach Access

View Y/N Yes

View Ocean,Peek-A-Boo

Roof Type Composition

Handicap Access None

Private Pool No

Building

Lot Description 0-1 Unit/Acre,Rectangular Lot

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing None

Listing Terms None

Financing None

Special Listing Condition Standard,Trust

Virtual Tour https://listings.beachcitiesmedia.com/sites/weqoxax/unbranded

Lease Land No

Confidential INFO

TERMS 1031 Exchange,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME AL RICCI

SHOW CONTACT PH 714-633-3600

SHOW INSTRUCTIONS THIS IS A PERMITTED SHORT-TERM RENTAL PROPERTY. ALL SHOWINGS HAVE TO BE ARRANGED BETWEEN OCCUPANCY PERIODS

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