$2,495,000 - 1114 Balboa Boulevard, Newport Beach

  • 6Beds
  • 5Baths
  • 2,791SQ. Feet
  • 0.07Acres

Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California's premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space. Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You're only steps away from Newport's world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula. All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:NP24116442
  • Price:$2,495,000
  • Bedrooms:6
  • Bathrooms:5.00
  • Full Baths:5
  • Square Footage:2,791
  • Acres:0.07
  • Year Built:1949
  • Type:Residential
  • Sub-Type:Quadruplex
  • Style:Mid-Century Modern
  • Status:Active Under Contract
  • Listing Agent:Arthur Dorr
  • Listing Office:Balboa Realty

Community Information

  • Address:1114 Balboa Boulevard
  • Area:NP - Balboa Peninsula
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • Zip Code:92661

Amenities

  • Parking Spaces:2
  • Parking:Garage, Garage Faces Rear
  • # of Garages:2
  • Garages:Garage, Garage Faces Rear
  • View:City Lights
  • Pool:None

Interior

  • Interior:Vinyl
  • Interior Features:Tile Counters
  • Appliances:Microwave, Refrigerator
  • Heating:Wall Furnace
  • Cooling:None
  • Fireplaces:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Exterior:Stucco, Wood Siding
  • Exterior Features:Awning(s)
  • Lot Description:Walkstreet
  • Roof:Flat
  • Construction:Stucco, Wood Siding
  • Foundation:Slab

School Information

  • District:Newport Mesa Unified
  • Elementary:Newport
  • Middle:Ensign
  • High:Newport Harbor

Additional Information

  • Date Listed:June 7th, 2024
  • Days on Market:9
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Based on information from California Regional Multiple Listing Service, Inc. as of June 17th, 2024 at 5:20pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.