1509 West Balboa Boulevard

Newport Beach, CA 92663

$1,850,000
Last Sold Price
3
Beds
3
Baths
1,491 Sq. Ft.
$1,241 / Sq. Ft.
1,491
Sq. Ft.
$1,241
per Sq. Ft.

Description

Fantastic triplex investment opportunity located on the Balboa Peninsula, steps to the sand. Comprised of three one bedroom one bath units plus a three car garage on a corner lot. Close to world class beaches, popular restaurants and shopping. Property will be sold in "AS IS' condition.
Buyer is advised to meet with the City of Newport Beach Planning and Building Departments to discuss any future improvements and/or possible development of the property prior to submitting an offer. The property is
...Fantastic triplex investment opportunity located on the Balboa Peninsula, steps to the sand. Comprised of three one bedroom one bath units plus a three car garage on a corner lot. Close to world class beaches, popular restaurants and shopping. Property will be sold in "AS IS' condition.
Buyer is advised to meet with the City of Newport Beach Planning and Building Departments to discuss any future improvements and/or possible development of the property prior to submitting an offer. The property is considered a non conforming triplex on a R-2 lot. Per the City, no new single family home nor condo will be permitted to be built. SHOWING WITH ACCEPTED OFFER ONLY! Please do not disturb the residents.

Listing Agents

  1. Craig Ratowsky

    Craig Ratowsky

    Listing Agent

    Compass

    DRE #00608046

  2. Justin Ratowsky

    Justin Ratowsky

    Alternative Listing Agent

    Compass

    DRE #02026158

Property Details for 1509 West Balboa Boulevard

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1491
Assessor Parcel Number
047-211-08
Property Attached YN
true

Location

Listing Courtesy of Compass, Craig Ratowsky, DRE #00608046; Compass, Justin Ratowsky, DRE #02026158

Sold By Vylla Home, Inc., Felipe Alvarez, DRE #01213601

Add your commute
LISTING UPDATED: 10/18/2021 03:58 PM

Property Details for 1509 West Balboa Boulevard

StatusClosed
MLS #OC21162497
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.06 AC / 2,511 SF
CountyOrange County

Location

Listing Courtesy of Compass, Craig Ratowsky, DRE #00608046; Compass, Justin Ratowsky, DRE #02026158

Sold By Vylla Home, Inc., Felipe Alvarez, DRE #01213601

Add your commute

Building Information for 1509 West Balboa Boulevard

Stories1Residences-Year Built1948Building Size-Lot Size0.06 AC / 2,511 SF

Payment Calculator

$11,810 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,714

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1509 West Balboa Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 15
  • Tax Tract Number: 515
  • Tax Census Tract: 628.00
  • Tax Lot: 24
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1509 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 1509 West Balboa Boulevard

Taxable ValueLand$1,734,000Additions$153,000Total$1,887,000
Tax Record2023$20,565 ($1,714 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2Lot Size2,562 SqFtStyleTriplexYear Built1956CountyORANGEAPN047-211-08

Schools near 1509 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

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.

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 Compass, Craig Ratowsky, DRE #00608046; Compass, Justin Ratowsky, DRE #02026158

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.