615 East Balboa Boulevard, Unit A

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 • Brokerage DRE #01223840 • Watson Realty Services Inc.

Property Details for 615 East Balboa Boulevard, Unit A

Cross Streets
Washington St
Living Area
1406
Source Living Area
Title Company
Area
Balboa Peninsula (NP)
Vacancy Rate
13.7
Lot Size Area
22000
Source Lot Size Area
Other
Assessor Parcel Number
932-160-34

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 09:47 AM

Property Details for 615 East Balboa Boulevard, Unit A

StatusSold
MLS #21-676654
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, Unit A

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

Payment Calculator

$8,944 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$1,304

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 615 East Balboa Boulevard, Unit A

Community / Development
Community / Development
  • Number Of Units: 1
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Condominium
  • Unit Number: A
  • View: Yes
  • View Description: Coastline, Harbor
  • Entry Floor Number: 2
  • Water: Water District
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right With Exception
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $25,000
  • Net Operating Income: $88,000.00
  • Gross Income: $128,000
  • Cap Rate: 5.50%
  • Gross Rent Multiplier: $12.50
  • Lease Per Month Year: See Remarks
  • Owner Pays: Electricity, Water
  • Total Annual Expense: 5000
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.0
Parking Details
Parking Details
  • Parking Garage: Tandem, Garage - 2 Car
  • Total Parking: 2
Interior Features
Interior Features
  • Levels: Top Level
  • Cooling Type: Air Conditioning
  • Heating Type: Central
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Washer, Water Line to Refrigerator, Refrigerator
  • Kitchen Features: Tile Counters
  • Bedroom Features: All Bedrooms Up
  • Laundry: In Closet
Exterior Features
Exterior Features
  • Roof: Tile
  • Patio Features: Balcony
  • Entry Location: Top Level
  • Other Structural Features: Balcony, End Unit
  • Other Structures: None
Lease Terms
Lease Terms
  • Rent Control: No
  • Tenant Pays: Move Out Fee
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: Yes
  • Unit Rent: $9,205.00
  • Unit Actual Rent: $93,000.00
  • Unit Projected Rent: $128,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $168,303.00
  • Assessed Improvement Percent: 14.35
  • Assessed Land Value: $1,004,697.00
  • Assessed Land Percent: 85.65
  • Assessed Total Value: $1,173,000.00

Property History for 615 East Balboa Boulevard, Unit A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 615 East Balboa Boulevard, Unit A

Taxable ValueLand$1,267,013Additions$189,547Total$1,456,560
Tax Record2023$15,644 ($1,304 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,406 SqFtAbove Grade Finished SqFt1,406 SqFtStyleCondominiumYear Built1989CountyORANGEAPN932-160-34

Schools near 615 East Balboa Boulevard, Unit A

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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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.