2711 West Balboa Boulevard
2711 West Balboa Boulevard
$3,649,000
5
4
2,474
2,474
$1,475
Description
Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located a mere ten homes away from the beach within the famed 100 block, and moments from Newport Beach's radiant sands and shimmering sea, this premier parcel epitomizes flexibility. Your dream beach home is now attainable. Enjoy it when you wish and rent it when you choose. This dual-offering presents a perfect blend of significant income potential and personal beachside luxury. The property, covering nearly 2,474...Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located a mere ten homes away from the beach within the famed 100 block, and moments from Newport Beach's radiant sands and shimmering sea, this premier parcel epitomizes flexibility. Your dream beach home is now attainable. Enjoy it when you wish and rent it when you choose. This dual-offering presents a perfect blend of significant income potential and personal beachside luxury. The property, covering nearly 2,474 square feet, features two fully furnished units and has been extensively remodeled and re-piped in 2020, with a new roof added in 2024. Introduced by a private staircase, Unit B radiates elegance and style. With three bedrooms and two bathrooms, it features a spacious dining area and a balcony perfect for BBQ evenings. Boasting dramatic tongue-and-groove vaulted ceilings, sun-filled skylights, charming Dutch entry doors, and custom designer tiles, along with fresh paint and new flooring in 2024, every aspect of this home radiates sophistication. On the ground floor, Unit A is a contemporary gem with an open-plan design. Featuring two bedrooms and two bathrooms, this home is enhanced with upgrades including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinetry, designer subway tile backsplashes, fresh paint (2024), and impeccable countertops. 2711 W Balboa isn't merely a residence; it's a remarkable opportunity. With two short-term rental permits in hand, it boasts a cap rate of approximately 3%, offering considerable upside potential. Situated near iconic beaches, world-class dining, and the renowned Fashion Island Shopping center, this property is both a golden chance for steady income and a beachside paradise. Embrace the flexibility and make the beach both your backyard and your business.
- Listed by Greg Blake • DRE #01227057 • Brokerage DRE #00616212 • Coldwell Banker Realty • 949-500-8684
- Listed by Tim Smith • DRE #01346878 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 2711 West Balboa Boulevard
View
Neighborhood
Parking Spaces Total2
Private PoolNo
Cooling TypeCentral Forced Air
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2474
Location
LISTING UPDATED: 03/12/2024 10:17 AM
Property Details for 2711 West Balboa Boulevard
Status | Active |
---|---|
MLS # | NP23179029 |
Days on Market | 197 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1972 |
Lot Size | 0.05 AC / 2,178 SF |
County | Orange County |
Location
Building Information for 2711 West Balboa Boulevard
Stories2Residences-Year Built1972Building Size-Lot Size0.05 AC / 2,178 SF
Payment Calculator
$22,335 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2711 West Balboa Boulevard
Property History for 2711 West Balboa Boulevard
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2711 West Balboa Boulevard
Taxable ValueLand$2,288,880Additions$348,534Total$2,637,414
Tax Record2023$29,055 ($2,421 / month)
Home Facts
Total Finished SqFt2,474 SqFtAbove Grade Finished SqFt2,474 SqFtStories2Lot Size2,090 SqFtStyleDuplexYear Built1971CountyORANGEAPN047-092-33
Schools near 2711 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.