$1,165,000
$1,295,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
514 W Balboa Blvd Newport Beach, CA 92661
2,178 Sqft Lot
Key Details
Sold Price $1,165,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Commercial) (Bpcd)
MLS Listing ID NP14215824
Sold Date 04/15/15
HOA Y/N No
Year Built 1964
Lot Size 2,178 Sqft
Property Description
Location! Location! Location! This rare mixed use property is located near the Balboa Pier and Fun Zone. Just a short bike ride away from the historic Balboa Pavilion sits this 3 unit income property. Upstairs consists of a 2 bed/1bath and a 1 bed/1bath which are both currently tenant occupied on a month to month lease. The downstairs commercial unit is currently a restaurant that is doing some small renovating and should be ready to open next month. The commercial spot is tenant occupied with a multi year lease. This property also consists of a rooftop deck and has shared laundry in the garage. Buyer to verify square footage.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Cooling None
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Sewer Connected
Private Pool No
Building
Foundation Slab
Water Public
Others
Tax ID 04807110
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with Colin Delaney • Gatehouse Properties