Newport Beach, CA 92661,514 W Balboa Blvd

$1,165,000

$1,295,000

10.0%
Est.Price: ?

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Est. payment /mo

2,178 Sqft Lot


SOLD DATE : 04/15/2015

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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California Regional MLS (CRMLS)
Listed by Christopher Maddy • Villa Real Estate
Bought with Colin Delaney • Gatehouse Properties
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2603 Camino Ramon, Ramon, CA, 94583

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