1917 West Balboa Boulevard

Newport Beach, CA 92663

$2,100,000
Last Sold Price
3
Beds
2
Baths
1,742 Sq. Ft.
$1,206 / Sq. Ft.
1,742
Sq. Ft.
$1,206
per Sq. Ft.

Description

Newport Peninsula classic beach duplex. Centrally located just three rows of homes from the sand and three blocks from Newport pier, restaurants, gift shops and great night life. Down stairs unit has a 1 bedroom, 1 bath and a two car garage. Upstairs unit has 2 bedrooms and 1 bath. Upgraded with a Tankless water heater. Both units are currently operating as vacation rentals and each has a short term lodging permit. Perfect opportunity for new owner to occupy one of the units and rent the other or...Newport Peninsula classic beach duplex. Centrally located just three rows of homes from the sand and three blocks from Newport pier, restaurants, gift shops and great night life. Down stairs unit has a 1 bedroom, 1 bath and a two car garage. Upstairs unit has 2 bedrooms and 1 bath. Upgraded with a Tankless water heater. Both units are currently operating as vacation rentals and each has a short term lodging permit. Perfect opportunity for new owner to occupy one of the units and rent the other or for brand new construction.
  1. Listed by Omar Renteros • DRE #01295825 • Brokerage DRE #01926114 • Beachview, Inc.

Property Details for 1917 West Balboa Boulevard

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1742

Location

Listing Courtesy of Beachview, Inc., Omar Renteros, DRE #01295825

Sold By Beachview, Inc., Omar Renteros, DRE #01295825

Add your commute
LISTING UPDATED: 03/25/2022 05:03 AM

Property Details for 1917 West Balboa Boulevard

StatusClosed
MLS #NP21222557
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.04 AC / 1,742 SF
CountyOrange County

Location

Listing Courtesy of Beachview, Inc., Omar Renteros, DRE #01295825

Sold By Beachview, Inc., Omar Renteros, DRE #01295825

Add your commute

Building Information for 1917 West Balboa Boulevard

Stories2Residences-Year Built1961Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$13,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$1,915

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1917 West Balboa Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $100,254
  • Gross Operating Income: $15,000
  • Net Operating Income: $81,704
  • Cap Rate: 3.3
  • Financing: Conventional
Expense Details
  • Operating Expense: $4,600
  • Cable TV Expense: $2,044
  • Fuel Expense: $488
  • Electric Expense: $1,119
  • Insurance Expense: $1,500
  • Professional Management Expense: $15,000
  • Trash Expense: $240
  • Water Sewer Expense: $719
  • Total Expenses: $15,500
Tax / Assessment Info
  • Tax Block: 119
  • Tax Tract Number: 514
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $501
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Biking, Curbs, Fishing, Watersports
Property / Structure Info
Interior Features
  • Appliances: Tankless Water Heater
  • Equipment: Garage
  • Interior Features: Balcony, Unfurnished
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
Property / Structure Info
  • Builders Tract Name: West Newport Beach
  • Builders Tract Code: West Newport Beach (WSNB)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,606
  • Unit Type Total Rent: $55,278
  • Unit Type Pro Forma: 63000
  • 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: $3,748
  • Unit Type Total Rent: $44,976
  • Unit Type Pro Forma: 50000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Patio: 1

Property History for 1917 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 1917 West Balboa Boulevard

Taxable ValueLand$2,059,551Additions$82,449Total$2,142,000
Tax Record2023$22,983 ($1,915 / month)
Home Facts
Total Finished SqFt1,926 SqFtAbove Grade Finished SqFt1,926 SqFtStories2Lot Size1,962 SqFtStyleDuplexYear Built1961CountyORANGEAPN047-171-01

Schools near 1917 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 Beachview, Inc., Omar Renteros, DRE #01295825

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.