Newport Beach, CA 92663,1917 W Balboa BLVD

$2,420,000

$2,795,000

13.4%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,926 SqFt


SOLD DATE : 11/20/2023

Key Details

Sold Price $2,420,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,926 sqft

Price per Sqft $1,256

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID LG23197500

Sold Date 11/20/23

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1961

Lot Size 1,742 Sqft

Acres 0.04

Property Description

Discover the ultimate Newport Beach experience right at your doorstep at 1917 West Balboa Boulevard. This prime corner lot duplex, nestled on the ocean side of the boulevard at 19th Street offers you the perfect blend of residential income and beachside living. This duplex has two coveted short term lodging permits sleeping 8 and 6 occupants. But here's the real gem: you're merely THREE HOUSES away from the beach in one direction, and just a short block from the bay in the other direction. The lower level unit consists of a single bedroom, one bathroom, a generously proportioned kitchen, and an inviting front patio. The upper level unit features two bedrooms, one bathroom, a well-lit and expansive open floor plan, an additional commodious kitchen, a front patio, and a spacious rear deck that offers partial ocean views - a true embodiment of coastal living. In addition to these amenities, this property has an attached two-car garage, ensuring convenient parking for you and any potential tenants. However, the most compelling aspect of this property is the unique blend of immediate appeal and long-term potential. You have the option to enjoy the property in its current state or employ your creative vision to reimagine this dream beach duplex. For those looking to maximize the income potential, the property can be leveraged as a vacation rental during peak rental seasons or as a long-term rental year round. One block from the property is the Newport Pier area, a hub of coffee shops, restaurants, bars, and breakfast joints. Venture a bit further, and you can explore the nearby Lido Marina Village, the Fun Zone, the Balboa Pier, and Balboa Island - all must-visit destinations. Iconic landmarks like the Dory Fleet Fish Market and Crab Cooker are within a stone's throw of your home. So, drop your bags and dive straight into vacation mode while enjoying a steady stream of rental income. It's the best of both worlds, and it's all right here at 1917 W Balboa Boulevard.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Main Level Bedrooms 1

Ensuite Laundry Inside

Interior

Interior Features Beamed Ceilings, Breakfast Area, High Ceilings, Main Level Primary

Laundry Location Inside

Cooling None

Flooring Wood

Fireplaces Type Family Room

Fireplace Yes

Laundry Inside

Exterior

Garage Garage, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Dog Park, Fishing, Hiking, Park, Sidewalks

Waterfront Description Beach Access

View Y/N Yes

View Peek-A-Boo

Accessibility Safe Emergency Egress from Home

Porch Deck, Front Porch, Porch

Parking Type Garage, Garage Faces Rear

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories Two

New Construction No

Schools

Elementary Schools Newport

Middle Schools Newport

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04717101

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Hooper • Compass • 949 939 7083
Bought with Tina Tullett • Tina Tullett
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4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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