$2,995,000
For Sale

907 E Balboa Boulevard

Newport Beach, CA 92661
0.06 acres | #OC24227242
Listing OfficeCompass
Browse 31 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Discover the perfect coastal investment opportunity with this charming duplex, ideally located just a block from the beach. This spacious property offers two separate units, making it perfect for both investors and those looking to enjoy the beach lifestyle while generating rental income. The upstairs unit features 3 bedrooms and 2 bathrooms. It also features vaulted ceilings, upgraded surfaces and a private balcony on both the front and rear of the property. The downstairs unit offers 2 bedrooms and 1 bathroom and a private covered patio, making it a cozy retreat with easy access to all the area has to offer. A standout feature of this property is the rare 4-car tandem parking, ensuring convenience for both residents and guests. The lot spans 2,614 square feet, with a living area of 1,996 square feet across both units. Located only feet from the beach, Balboa Pier, Fun Zone, and the ferry to Balboa Island, this duplex offers an unbeatable lifestyle with endless entertainment, dining, and shopping options. Whether you're looking to live in one unit and rent the other, or capitalize on a full rental opportunity, this property is a rare find in a highly sought-after location. Don't miss your chance to own a piece of coastal paradise.

  • Interior Details
      • InteriorBedroomOnMainLevel, MainLevelPrimary
  • Property Details
      • Lot DescriptionLevel
      • Stories2
    • Measurements
      • Acres0.06
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1977
  • Utilities / Energy Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBalboa Peninsula (Residential) (BALP)
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$2,995,000
  • Other
      • MLS #OC24227242

Location

Christopher PereaReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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