905 East Balboa Boulevard

Newport Beach, CA 92661

$2,291,250
Last Sold Price
6
Beds
4
Baths
2,652 Sq. Ft.
$864 / Sq. Ft.
2,652
Sq. Ft.
$864
per Sq. Ft.

Description

FIRST TIME ON THE MARKET IN 45+ years. Great upside rent potential . This spacious duplex is one building in from the board walk/sand and has superb walkability to the Balboa Pier and local dining establishments. Such an investment is ideal for the investor or the individual looking to live-in one unit and rent out the other. Both units are 3 bedrooms, 1 3/4 bathroom units and are extremely spacious. The master suites accommodate oversized furniture and feature two closets and a generous dressing...FIRST TIME ON THE MARKET IN 45+ years. Great upside rent potential . This spacious duplex is one building in from the board walk/sand and has superb walkability to the Balboa Pier and local dining establishments. Such an investment is ideal for the investor or the individual looking to live-in one unit and rent out the other. Both units are 3 bedrooms, 1 3/4 bathroom units and are extremely spacious. The master suites accommodate oversized furniture and feature two closets and a generous dressing area. Each unit has a fireplace and large hearth in the main entertaining space adding to the ambiance of the room. The upper three bedroom has soaring ceilings in the living area , which showcase the natural light and airiness of this unit. Balconies / patios are off the main areas extending ones living/entertaining space. Parking is easy with remote access. The garage area does have the ability for washer /dryer hookups, but currently is not being utilized. Come and enjoy the ocean breezes and the fresh air. 901 E. Balboa Blvd is listed for sale for 3,500,000 and can be purchased together with 905 E. balboa Blvd or separately .
  1. Listed by Laura Henshall • DRE #01091181 • Brokerage DRE #00853506 • CFG Investments

Property Details for 905 East Balboa Boulevard

Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2652
Assessor Parcel Number
048-143-25

Location

Listing Courtesy of CFG Investments, Laura Henshall, DRE #01091181

Sold By Allstars Realty, Nahed Benyamein, DRE #01000857

Add your commute
LISTING UPDATED: 11/29/2022 04:29 AM

Property Details for 905 East Balboa Boulevard

StatusClosed
MLS #OC22103791
Days on Market176
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.06 AC / 2,699 SF
CountyOrange County

Location

Listing Courtesy of CFG Investments, Laura Henshall, DRE #01091181

Sold By Allstars Realty, Nahed Benyamein, DRE #01000857

Add your commute

Building Information for 905 East Balboa Boulevard

Stories2Residences-Year Built1971Building Size-Lot Size0.06 AC / 2,699 SF

Payment Calculator

$14,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,504

Property Taxes

$2,046

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 905 East Balboa Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $79,200
  • Gross Scheduled Income: $79,200
  • Gross Operating Income: $79,200
  • Net Operating Income: $999,999
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Other Income Description: RUBS inco for house ut
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $999,999
  • New Taxes Expense: $34,667
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Pool Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,159
  • Trash Expense: $0
  • Water Sewer Expense: $703
  • Supplies Expense: $0
  • Total Expenses: $9,999,999
Tax / Assessment Info
  • Tax Block: 14
  • Tax Tract Number: 104
  • Tax Census Tract: 628.00
  • CFD/Mello-Roos Fee: $507
  • Tax Lot: 2
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: No Landscaping
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,600
  • Unit Type Total Rent: $3,600
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 2
Unit Information
  • 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 Refrigerator: 0
  • Number With Disposal: 2

Property History for 905 East 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 905 East Balboa Boulevard

Taxable ValueLand$2,147,471Additions$143,779Total$2,291,250
Tax Record2023$24,548 ($2,046 / month)
Home Facts
Total Finished SqFt2,652 SqFtAbove Grade Finished SqFt2,652 SqFtStories2Lot Size2,699 SqFtStyleDuplexYear Built1971CountyORANGEAPN048-143-25

Schools near 905 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 CFG Investments, Laura Henshall, DRE #01091181

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.