1025 West Balboa Boulevard

Newport Beach, CA 92661

$2,615,000
Last Sold Price
7
Beds
3
Baths
2,500 Sq. Ft.
$1,046 / Sq. Ft.
2,500
Sq. Ft.
$1,046
per Sq. Ft.

Description

Amazing opportunity on the Balboa Peninsula if you like the idea of remodeling or building... One-of-the-kind (2) lots on one parcel. Dated house in a spectacular location; the potencial is in the land; Do you want to be creative? Well...definitely you can update the property with ALL the luxury architectural highlights, build 5.5 car garage; Or either build Two NEW separate luxury homes, one on each lot Or a Parade-of-Luxury-Condos (R2 Zoning, Potentially Up to 4 condos; please confirm with the...Amazing opportunity on the Balboa Peninsula if you like the idea of remodeling or building... One-of-the-kind (2) lots on one parcel. Dated house in a spectacular location; the potencial is in the land; Do you want to be creative? Well...definitely you can update the property with ALL the luxury architectural highlights, build 5.5 car garage; Or either build Two NEW separate luxury homes, one on each lot Or a Parade-of-Luxury-Condos (R2 Zoning, Potentially Up to 4 condos; please confirm with the city planning department). The project, is perfect for the sensational lifestyle of the Balboa peninsula. One of the main features and highlights is the proximity to the ocean, beach, and Newport Bay. New owners can just Park their car and enjoy as you are just a short walk or bike ride to the many shops, restaurants, and activities that the Peninsula has to offer! steps away from the beach. Perfect for large families or entertaining many guests. The home sits on two legal lots, each approximately 30.75 feet wide by 102.5 feet deep. The two lots feature a 20 foot wide alley providing easy access for parking.
  1. Listed by Janeth Bernal • DRE #01270399 • Brokerage DRE #01897784 • Century 21 Award

Property Details for 1025 West Balboa Boulevard

View
Ocean
Parking Spaces Total
2
Private Pool
No
Cooling Type
Other/Remarks
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2500

Location

Listing Courtesy of Century 21 Award, Janeth Bernal, DRE #01270399

Sold By Century 21 Award, Janeth Bernal, DRE #01270399

Add your commute
LISTING UPDATED: 03/14/2019 02:10 AM

Property Details for 1025 West Balboa Boulevard

StatusClosed
MLS #PW18255562
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1943
Lot Size0.14 AC / 6,303 SF
CountyOrange County

Location

Listing Courtesy of Century 21 Award, Janeth Bernal, DRE #01270399

Sold By Century 21 Award, Janeth Bernal, DRE #01270399

Add your commute

Building Information for 1025 West Balboa Boulevard

Stories3Year Built1943Building Size-Lot Size0.14 AC / 6,303 SF

Payment Calculator

$19,770 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,271

Property Taxes

$5,499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1025 West Balboa Boulevard

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 234
  • Tax Census Tract: 628.00
  • Tax Lot: 17
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Common Area, See Remarks
  • Laundry Location: Other/Remarks
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Fireplace: Other/Remarks
  • Cooling: See Remarks
  • Virtual Tour URL Unbranded: https://www.tourfactory.com/idxr2088600
Exterior Features
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • View Description: Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Auto Driveway Gate
  • Parking Non-Garage: Auto Driveway Gate
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Auto Driveway Gate
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1025 West Balboa Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1025 West Balboa Boulevard

Taxable ValueLand$4,879,589Additions$1,291,411Total$6,171,000
Tax Record2023$65,982 ($5,499 / month)
Home Facts
Beds5Baths1Total Finished SqFt3,907 SqFtAbove Grade Finished SqFt3,907 SqFtLot Size3,152 SqFtStyleSingle Family ResidenceYear Built2020CountyORANGEAPN047-252-25

Schools near 1025 West Balboa Boulevard

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Award, Janeth Bernal, DRE #01270399

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.