910 West Balboa Boulevard

Newport Beach, CA 92661

$2,900,000
Last Sold Price
4
Beds
5
Baths
3,089 Sq. Ft.
$939 / Sq. Ft.
3,089
Sq. Ft.
$939
per Sq. Ft.

Description

Motivated seller, bring your offers! High Producing Income Property. Turn-key Vacation Rental (Airbnb, VRBO). The city permit with this home is registered with the city of Newport Beach and is fully transferrable to the new owner. The city of Newport Beach is no longer allowing new applications at this moment. Featuring 4 bedrooms and 4.5 bathrooms with outstanding views, all situated in a prime location nearby ocean & bay access, shops, restaurants, and much more. Views of the Harbor, mountains,...Motivated seller, bring your offers! High Producing Income Property. Turn-key Vacation Rental (Airbnb, VRBO). The city permit with this home is registered with the city of Newport Beach and is fully transferrable to the new owner. The city of Newport Beach is no longer allowing new applications at this moment. Featuring 4 bedrooms and 4.5 bathrooms with outstanding views, all situated in a prime location nearby ocean & bay access, shops, restaurants, and much more. Views of the Harbor, mountains, city lights, and peekaboo views of the Pacific Ocean from the master bedroom and second-floor lounge room. Entertaining is made easy with a spacious living room with a connected kitchen and bar. Professionally built and designed by premier Crown Acquisitions in 2013, this home has been professionally finished with driftwood plank floors, sleek slab stone, and gorgeous coastal finishes. The main level boasts an oversized chef’s kitchen, a dual fireplace that separates an office/den, and a powder room with a separate bathroom. The second level has a great lounge room with an ensuite kitchenette & bathroom. A large-scale terrace with a connected fireplace separates the second floor with two elegant bedrooms. The upper level hosts an elegant master suite that rolls into a spacious patio with panoramic harbor, city, and light views. Come for a tour of this unique property and discover all the opportunities it affords. You don't want to miss out on this opportunity!
  1. Listed by Collin Corsmeier • DRE #02011047 • Brokerage DRE #01971429 • Balboa Real Estate, Inc

Property Details for 910 West Balboa Boulevard

Architectural Style
Contemporary, Custom Built
View
Bay, City Lights, Coastline, Harbor, Landmark, Marina, Ocean, Peek-A-Boo, Water
Parking Spaces Total
3
Private Pool
No
Cooling Type
Attic Fan, Central Forced Air, Zoned Area(s)
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Balboa Real Estate, Inc, Collin Corsmeier, DRE #02011047

Sold By Berkshire Hathaway HomeService, Clarence Yoshikane, DRE #00801398; Berkshire Hathaway HomeService, Jennifer Toyama, DRE #01927057

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LISTING UPDATED: 01/29/2021 07:07 AM

Property Details for 910 West Balboa Boulevard

StatusClosed
MLS #OC20240679
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2013
Lot Size0.06 AC / 2,500 SF
CountyOrange County

Location

Listing Courtesy of Balboa Real Estate, Inc, Collin Corsmeier, DRE #02011047

Sold By Berkshire Hathaway HomeService, Clarence Yoshikane, DRE #00801398; Berkshire Hathaway HomeService, Jennifer Toyama, DRE #01927057

Add your commute

Building Information for 910 West Balboa Boulevard

Stories3Residences-Year Built2013Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$18,493 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$2,667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 910 West Balboa Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $179,064
  • Gross Scheduled Income: $179,064
  • Gross Operating Income: $179,064
  • Net Operating Income: $141,105
  • Cap Rate: 4.7
  • Current Financing: Conventional
  • Financing: Cash
Expense Details
  • Operating Expense: $37,959
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $8,729
  • Electric Expense: $4,500
  • Insurance Expense: $0
  • Other Expense: $24,730
  • Other Expense Description: RE Taxes
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $37,959
Tax / Assessment Info
  • Tax Block: 109
  • Tax Tract Number: 515
  • Tax Census Tract: 628.00
  • Tax Lot: 6
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits, Parking
  • Disability Access: 2+ Access Exits, Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Dog Park, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Convection Oven, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Water Softener
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Gas Or Electric Dryer Hookup, Ice Maker, In Closet, Inside, Microwave, Vented Exhaust Fan, Washer, Water Line to Refrigerator, Water Purifier
  • Interior Features: 2 Staircases, Balcony, Bar, Cathedral Ceiling(s), Dry Bar, Furnished, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Wet Bar
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Fireplace Features: Dining Room, Family Room, Game Room, Outside, Patio, See Through, Two Way
  • Fireplace Rooms: Dining, Family Room, Game Room, Patio, See Through, Two Way
  • Cooling: Central Air, Zoned, Whole House Fan
  • Heating: Central
  • Flooring: Tile, Wood
  • Virtual Tour URL Branded: https://bit.ly/3eOklDX
  • Virtual Tour URL Unbranded: https://bit.ly/3eOklDX
Exterior Features
  • Door Features: Sliding Doors
  • Entry Location: Balboa Blvd
  • Fence: Yes
  • Fence: Stucco Wall, Wood
  • Fencing: Average Condition, Stucco Wall, Wood
  • Property Condition: Turnkey
  • View Description: Bay, City Lights, Coastline, Harbor, Landmark, Marina, Ocean, Peek-A-Boo, Water
  • Waterfront Features: Across the Road from Lake/Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Direction Faces: West
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance, Door Opener, Driveway, Garage, Garage - 1 Car
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener
Property / Structure Info
  • Builder Name: Crown Acquisitions, Inc
  • 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: 4
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $179,064
  • Unit Type Total Rent: $179,064
  • Unit Type Pro Forma: 202927
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 910 West 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 910 West Balboa Boulevard

Taxable ValueLand$2,302,367Additions$714,793Total$3,017,160
Tax Record2023$32,009 ($2,667 / month)
Home Facts
Beds3Baths4.5Total Finished SqFt3,089 SqFtAbove Grade Finished SqFt3,089 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built2013CountyORANGEAPN047-273-30

Schools near 910 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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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Balboa Real Estate, Inc, Collin Corsmeier, DRE #02011047

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.