1509 West Balboa Boulevard

Newport Beach, CA 92663

$1,899,000
Price
3
Beds
3
Baths
1,491 Sq. Ft.
$1,274 / Sq. Ft.
1,491
Sq. Ft.
$1,274
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 3 garages on a corner lot. Close to world class beaches, popular restaurants and shopping. Property will be sold in "AS Is' condition.

Property Details for 1509 West Balboa Boulevard

Parking Spaces Total
3
Private Pool
No

Location

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

Property Details for 1509 West Balboa Boulevard

StatusActive Under Contract
MLS #OC21162497
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.06 AC / 2,511 SF
CountyOrange County

Listing Agent

Contact Agent(s)

Location

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

Listing Agents

  1. Craig Ratowsky

    Craig Ratowsky

    Listing Agent

    Compass

    DRE #00608046

  2. Justin Ratowsky

    Justin Ratowsky

    Alternative Listing Agent

    Compass

    DRE #02026158

Building Information for 1509 West Balboa Boulevard

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

Payment Calculator

$6,364 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,364

Property Taxes

HOA Dues

$0

Property Information for 1509 West Balboa Boulevard

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Laundry: No
  • Laundry Features: None
  • Levels: One
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 3.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 3
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 04721108
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Stories Total: 1
  • Year Built: 1948
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 1491
  • Building Area Units: Square Feet
  • Living Area: 1491
Community/Development / Location Info
    School/Location Info
  • Zip Code: 92663
  • Street Number Numeric: 1509.0
  • Street Name: Balboa
  • Street Direction Prefix: W
  • Street Suffix: Boulevard
  • Country: US
  • County Or Parish: Orange
  • Directions: Balboa Blvd and 15th Street
  • Area: Balboa Peninsula (NP)
    Association Information
  • Community Features: Street Lights
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 628.00
  • Tax Block: 15
  • Tax Lot: 24
  • Tax Tract Number: 515
  • Zoning: Assessor
    Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Operating Expense: $0
  • Total Expenses: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,600
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1850
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,600
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,350
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1850
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,350
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,200
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1850
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,200
  • Unit Type Type: 3
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Acres: .06
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2511
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 1509 West Balboa Boulevard

DateEvent & SourcePriceAppreciation
Sep 1, 2021

Accepting Backup Offers

SDMLS #OC21162497

Aug 31, 2021

Accepting Backup Offers

CLAW #OC21162497MR

Aug 31, 2021

Pending

SDMLS #OC21162497

DateEvent & SourcePrice
09/01/2021

Accepting Backup Offers

SDMLS #OC21162497

08/31/2021

Accepting Backup Offers

CLAW #OC21162497MR

08/31/2021

Pending

SDMLS #OC21162497

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$128,060Additions$51,700Total$179,760
Tax Record2020$2,615 ($218 / 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


SchoolTypeGradesDistanceRating
Newport ElementaryPublicK-60.2 mi
9
Horace Ensign IntermediatePublic7-80.9 mi
7
Newport Harbor HighPublic9-121.2 mi
7
HarperPublic1.9 mi
NR

Newport Elementary

K-6, 0.2 mi, Public

9

Horace Ensign Intermediate

7-8, 0.9 mi, Public

7

Newport Harbor High

9-12, 1.2 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

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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, 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 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.