615 East Balboa Boulevard

Newport Beach, CA 92661

$1,400,000
Last Sold Price
3
Beds
3
Baths
1,406 Sq. Ft.
$996 / Sq. Ft.
1,406
Sq. Ft.
$996
per Sq. Ft.

Description

Beautiful 3 bedroom, 3 bathroom fully furnished condo located in Balboa Village with a partial view of the ocean and bay that is a simple walk to each as well. It is located across the street from restaurants, shops , the ferry and fun zone. It includes a spacious great room with a fireplace, hard wood floors, big windows that open, nicely laid out kitchen and very spacious bedrooms with master having a partial ocean view as well. Stairs off of Washington St take you up to this second floor condo...Beautiful 3 bedroom, 3 bathroom fully furnished condo located in Balboa Village with a partial view of the ocean and bay that is a simple walk to each as well. It is located across the street from restaurants, shops , the ferry and fun zone. It includes a spacious great room with a fireplace, hard wood floors, big windows that open, nicely laid out kitchen and very spacious bedrooms with master having a partial ocean view as well. Stairs off of Washington St take you up to this second floor condo and the 2 car tandem garage sits underneath with electric garage door entry from alley and side door takes you out to condo entry stairs. It has been a daily, weekly, monthly rental as well as owner's get away. Condo comes fully furnished and has no monthly HOA fees.
  1. Listed by Brandon Goedhart • DRE #02045854 • Watson Realty Services Inc.

Property Details for 615 East Balboa Boulevard

View
Coastline, Harbor
Total Units
1.0
Lot Size Source
Other
Building Area Total
1406
Stories Total
2
View
Yes
Senior Community
No
Parcel Number
93216034

Location

Listing Courtesy of Watson Realty Services Inc., Brandon Goedhart, DRE #02045854

Sold By The Brokeredge, Yazen Haddad, DRE #01936781

Add your commute
LISTING UPDATED: 04/17/2021 03:14 AM

Property Details for 615 East Balboa Boulevard

StatusClosed
MLS #21676654
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.51 AC / 22,000 SF
CountyOrange County

Location

Listing Courtesy of Watson Realty Services Inc., Brandon Goedhart, DRE #02045854

Sold By The Brokeredge, Yazen Haddad, DRE #01936781

Add your commute

Building Information for 615 East Balboa Boulevard

Stories2Residences-Year Built1989Building Size-Lot Size0.51 AC / 22,000 SF

Payment Calculator

$7,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 615 East Balboa Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $128,000
  • Vacancy Allowance Rate: 14
  • Gross Operating Income: $25,000
  • Net Operating Income: $88,000
  • Gross Multiplier: 12.5
Expense Details
  • Total Expenses: $5,000
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Laundry: Yes
  • Laundry Features: In Closet
  • Heating: Central
Exterior Features
  • Roof: Tile
  • Entry Location: Top Level
Land/Lot Info
  • Sewer: Sewer Paid
Parking Info
  • Parking: Yes
  • Parking Features: Tandem Garage, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Furnished
  • Unit Type Actual Rent: $9,205
  • Unit Type Total Rent: $93,000
  • Unit Type Pro Forma: 128000
  • Unit Type Type: 1
Unit 2
  • Unit Type Type: 10
Unit 3
  • Unit Type Type: 11
Unit 4
  • Unit Type Type: 12
Unit 5
  • Unit Type Type: 13
Unit 6
  • Unit Type Type: 2
Unit 7
  • Unit Type Type: 3
Unit 8
  • Unit Type Type: 4
Unit 9
  • Unit Type Type: 5
Unit 10
  • Unit Type Type: 6
Unit 11
  • Unit Type Type: 7
Unit 12
  • Unit Type Type: 8
Unit 13
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1

Schools near 615 East 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 Watson Realty Services Inc., Brandon Goedhart, DRE #02045854

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.