2711 West Balboa Boulevard
2711 West Balboa Boulevard
$2,535,000
5
4
2,474
2,474
$1,025
Closed 6/2/21
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Description
Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located ten homes from the beach within the famed 100 block, just moments from Newport Beach's sparkling sand and sea, this premiere parcel is an idyllic compound for significant income opportunity or a personal beachside getaway. Comprised of two fully furnished units spanning approximately 2,474 square feet, the property has been remodeled and re-piped in 2020. Introduced by private staircase, Unit B is a remarkable...Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located ten homes from the beach within the famed 100 block, just moments from Newport Beach's sparkling sand and sea, this premiere parcel is an idyllic compound for significant income opportunity or a personal beachside getaway. Comprised of two fully furnished units spanning approximately 2,474 square feet, the property has been remodeled and re-piped in 2020. Introduced by private staircase, Unit B is a remarkable and refined residence encompassing three bedrooms, two bathrooms, spacious dinning area, and balcony with a BBQ servicing the opulent living room. Among the unit's decorative flourishes are dramatic tongue and grove vaulted ceilings, multiple skylights filling the interiors with an abundance of natural light, Dutch entry doors, custom designer tiles, and luxury vinyl plank flooring throughout both units. On the ground-level, Unit A is a spectacular, open-plan two-bedroom, two-bathroom abode finished with an array of upgrades and exceptional materials including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinetry, designer subway tile backsplashes, and newer countertops. 2711 W Balboa is equipped with two short-term rental permits, achieving a cap rate of approximately 3.5% with great upside potential. Near famous beaches, world-class dining, and Fashion Island Shopping center, this offering provides tremendous opportunity for stable and steady income and existing reservations are already in place through Summer 2021.
- Listed by Tim Smith • DRE #01346878 • Brokerage DRE #00616212 • Coldwell Banker Realty
- Listed by Greg Blake • DRE #01227057 • 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: 06/02/2021 01:40 PM
Property Details for 2711 West Balboa Boulevard
Status | Closed |
---|---|
MLS # | NP21094610 |
Days on Market | 12 |
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
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Building Information for 2711 West Balboa Boulevard
Stories2Residences-Year Built1972Building Size-Lot Size0.05 AC / 2,178 SF
Payment Calculator
$16,256 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 |
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Date | Event & Source | Price |
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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.
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