52
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$3,299,000
Est. payment /mo
4 Beds
4 Baths
Active Under Contract
1623 W Balboa Boulevard Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID NP25125329
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Caf, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious unitseach with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether youre looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.
Location
State CA
County Orange
Zoning Estimated
Direction From Newport Blvd, turn right on W Balboa Blvd, home is on right side once you pass 16th St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 04720204
Listed by Branden Fella Coldwell Banker Realty