929 West Balboa Boulevard

Newport Beach, CA 92661

$2,600,000
Last Sold Price
9
Beds
6
Baths
4,074 Sq. Ft.
$638 / Sq. Ft.
4,074
Sq. Ft.
$638
per Sq. Ft.

Description

Opportunity awaits! Located one house off of the boardwalk, this massive three story OCEAN VIEW TRIPLEX is a great investment opportunity. Built to maximize the allowed building parameters of the early 1970s, this towering, steps-to-sand property boasts 9 bedrooms, 6 bathrooms and approximately 4,000 square feet of livable space. Each of the units are 3 bedroom and 2 baths, with 1 car parking in the carport, living room fireplaces and shared laundry. The ground floor unit has a cozy patio space out...Opportunity awaits! Located one house off of the boardwalk, this massive three story OCEAN VIEW TRIPLEX is a great investment opportunity. Built to maximize the allowed building parameters of the early 1970s, this towering, steps-to-sand property boasts 9 bedrooms, 6 bathrooms and approximately 4,000 square feet of livable space. Each of the units are 3 bedroom and 2 baths, with 1 car parking in the carport, living room fireplaces and shared laundry. The ground floor unit has a cozy patio space out front and a side patio. The upper two units have front, side and rear patios and balconies. The top floor units has vaulted ceilings and water views, and additionally there is a deck on the roof. Long term renters are currently in place, however the units are largely vintage and there is substantial room for upgrades. A fantastic opportunity for an investor either looking for stable income now, or for an exciting remodeling project.
  1. Listed by Pamela White • DRE #00846638 • Brokerage DRE #00846638 • White Sail Realty
  2. Listed by Art White • DRE #01905655 • Brokerage DRE #00846638 • White Sail Realty

Property Details for 929 West Balboa Boulevard

Architectural Style
Contemporary
View
Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Peek-A-Boo
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of White Sail Realty, Pamela White, DRE #00846638; White Sail Realty, Art White, DRE #01905655

Sold By White Sail Realty, Baylee Leavitt, DRE #02098105; White Sail Realty, Art White, DRE #01905655

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LISTING UPDATED: 08/28/2020 09:51 AM

Property Details for 929 West Balboa Boulevard

StatusClosed
MLS #NP20150999
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.07 AC / 3,049 SF
CountyOrange County

Location

Listing Courtesy of White Sail Realty, Pamela White, DRE #00846638; White Sail Realty, Art White, DRE #01905655

Sold By White Sail Realty, Baylee Leavitt, DRE #02098105; White Sail Realty, Art White, DRE #01905655

Add your commute

Building Information for 929 West Balboa Boulevard

Stories3Residences-Year Built1971Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$16,695 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$2,506

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 929 West Balboa Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $106,080
  • Net Operating Income: $0
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 9
  • Tax Tract Number: 234
  • Tax Census Tract: 628.00
  • Tax Lot: 18
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Oven, Gas Range, Water Heater
  • Equipment: Community, Other
  • Interior Features: 2 Staircases, High Ceilings, Laminate Counters
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Community, See Remarks
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Carpet, Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Lighting
  • Roof: Composition
  • Fence: Yes
  • Fencing: Brick
  • Foundation Details: Slab
  • Property Condition: Fixer, Repairs Cosmetic
  • View Description: Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Peek-A-Boo
  • Waterfront Features: Beach Access
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: Southeast
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Three Or More
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 3
  • Parking Features: Attached Carport
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (Residential) (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: Yes
  • Unit Type Actual Rent: $3,250
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3600
  • 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: Yes
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 2
Unit 3
  • 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: Yes
  • Unit Type Actual Rent: $3,190
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3850
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 1
  • Number Wall AC: 0

Property History for 929 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 929 West Balboa Boulevard

Taxable ValueLand$2,496,960Additions$208,080Total$2,705,040
Tax Record2023$30,066 ($2,506 / month)
Home Facts
Total Finished SqFt4,074 SqFtAbove Grade Finished SqFt4,074 SqFtStories3Lot Size3,219 SqFtStyleTriplexYear Built1971CountyORANGEAPN047-281-06

Schools near 929 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.

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. 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 White Sail Realty, Pamela White, DRE #00846638; White Sail Realty, Art White, DRE #01905655

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.