1320 West Balboa Boulevard

Newport Beach, CA 92661

$3,350,000
Price
7
Beds
5
Baths
2,371 Sq. Ft.
$1,413 / Sq. Ft.
2,371
Sq. Ft.
$1,413
per Sq. Ft.

Description

1320 W Balboa Blvd is a turnkey property situated in the perfect location on the famed Balboa Peninsula just steps between the beach and the bay. The R2 zoned property consists of two detached units that were fully remodeled down to the studs in 2018. Each unit has three bedrooms, two bathrooms, luxury vinyl flooring, upgraded kitchens, recessed lighting, HVAC and dedicated laundry. The rear unit also has an attached one bedroom one-bathroom unit that can be used as an additional bedroom, studio...

Property Details for 1320 West Balboa Boulevard

Architectural Style
Bungalow
View
Coastline, Ocean, Peek-A-Boo
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window

Location

Listing Courtesy of Compass, Tyler Brown, DRE #02043514

Property Details for 1320 West Balboa Boulevard

StatusActive
MLS #NP21194065
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.07 AC / 3,049 SF
CountyOrange County

Listing Agent

Tyler Brown

Tyler Brown

Compass

tyler.brown@compass.com

P: 949.220.4409

DRE #02043514

Contact Agent(s)

Location

Listing Courtesy of Compass, Tyler Brown, DRE #02043514

Listing Agent

  1. Tyler Brown

    Tyler Brown

    Listing Agent

    Compass

    DRE #02043514

Building Information for 1320 West Balboa Boulevard

Stories2Residences-Year Built1955Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$11,227 per month

30 year fixed, 2.95% Interest

Principal and Interest

$11,227

Property Taxes

HOA Dues

$0

Property Information for 1320 West Balboa Boulevard

Property Features
    Interior Features
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
  • Common Walls: No Common Walls
  • Fireplace: No
  • Fireplace Features: None
  • Interior Features: Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Closet, In Garage, Stackable
  • Levels: Multi/Split
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 3.0
  • Room Type: Living Room
    Exterior Features
  • Door Features: Insulated Doors
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: None
  • Roof: Composition
  • Spa: No
  • Spa Features: None
  • Window Features: Double Pane Windows, Insulated Windows
    Parking Info
  • Carport Spaces: 2
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Garage, Garage Faces Rear
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Accessibility Features: None
  • Construction Materials: Drywall Walls
  • New Construction: No
  • Property Attached YN: false
  • Parcel Number: 04723328
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1955
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 2371
  • Building Area Units: Square Feet
  • Living Area: 2371
Community/Development / Location Info
    School/Location Info
  • Zip Code: 92661
  • Street Number Numeric: 1320.0
  • Street Name: Balboa
  • Street Direction Prefix: W
  • Street Suffix: Boulevard
  • Country: US
  • County Or Parish: Orange
  • Directions: From
  • Area: Balboa Peninsula (NP)
    Association Information
  • Association: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Fee: $.00
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Assessments: None
  • Assessments YN: No
  • Current Financing: Conventional
  • Tax Block: 113
  • Tax Lot: 6
  • Tax Tract Number: 234
  • Zoning: Assessor
    Income Details
  • Gross Income: $159,280
  • Gross Scheduled Income: $159,280
  • Net Operating Income: $153,536
    Expense Details
  • Cable TV Expense: $1,200
  • Electric Expense: $2,400
  • Fuel Expense: $600
  • Insurance Expense: $1,000
  • Operating Expense: $5,744
  • Total Expenses: $5,744
  • Trash Expense: $144
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: $400
Unit Information
    Unit 1
  • Unit Type Actual Rent: $70,100
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Pro Forma: 70100
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $70,100
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $19,080
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Pro Forma: 19080
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $19,080
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $70,100
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Pro Forma: 70100
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $70,100
  • Unit Type Type: 3
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Wall AC: 3
  • Number With Carpet: 0
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 1
  • Number With Patio: 3
  • Number With Range: 2
  • Number With Refrigerator: 3
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Electric: 220 Volts in Garage
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: .07
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3049
  • Lot Size Units: Square Feet
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sewer: Public Sewer

Property History for 1320 West Balboa Boulevard

DateEvent & SourcePriceAppreciation
Sep 14, 2021

Listed (Active)

SDMLS #NP21202799

$3,350,000
Sep 14, 2021

Listed (Active)

CRMLS #NP21202799

$3,350,000
Sep 14, 2021

Listed (Active)

CLAW #NP21202799MR

$3,350,000
DateEvent & SourcePrice
09/14/2021

Listed (Active)

SDMLS #NP21202799

$3,350,000
09/14/2021

Listed (Active)

CRMLS #NP21202799

$3,350,000
09/14/2021

Listed (Active)

CLAW #NP21202799MR

$3,350,000

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

Public Records for 1320 West Balboa Boulevard

Taxable ValueLand$1,529,090Additions$303,427Total$1,832,517
Tax Record2020$19,597 ($1,633 / month)
Home Facts
Total Finished SqFt966 SqFtAbove Grade Finished SqFt966 SqFtStories1Lot Size3,179 SqFtStyleDuplexYear Built1955CountyORANGEAPN047-233-28

Schools near 1320 West Balboa Boulevard


SchoolTypeGradesDistanceRating
Newport ElementaryPublicK-60.0 mi
9
Horace Ensign IntermediatePublic7-80.9 mi
7
Newport Harbor HighPublic9-121.1 mi
7
HarperPublic1.9 mi
NR

Newport Elementary

K-6, 0.0 mi, Public

9

Horace Ensign Intermediate

7-8, 0.9 mi, Public

7

Newport Harbor High

9-12, 1.1 mi, Public

7

Harper

1.9 mi, Public

NR

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1320 West Balboa Boulevard is a multi-family home for sale in Newport Beach, CA 92661. This property was listed for sale on August 28, 2021 by Compass at $3,350,000. It has been on the market for a total of 12 days and was last sold on December 27, 2017. This listing's school district is Newport-Mesa Unified. Nearby schools include Newport Elementary, Horace Ensign Intermediate and Newport Harbor High. 1320 West Balboa Boulevard is a 7-bed, 5-bath, 2,371 sqft multi-family home built in 1955.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Compass, Tyler Brown, DRE #02043514

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.