Newport Beach Mixed-Use Property Sold - 603 E Balboa Blvd
Posted by Beach Cities Real Estate on Tuesday, November 30th, 2021 at 2:38pm.
A Mixed-Use property in Newport Beach, California has just been sold by Beach Cities Real Estate agent Jim Knoska who represented the seller. 603 E Balboa Blvd, Newport Beach sold for $2,885,000 which closed escrow on 11/22/21. This was a very unique opportunity of a mixed-use property located very close to the beach and the Newport Beach Pier area. It was originally listed for sale at $2,950,000 and sold for $65,000 under the original asking price after being on the market for a total of 167 days. The property was built in 1991 in the Spanish architectural style in the heart of the Balboa Village area. It consisted of three different levels with a retail or office space and a 6 car parking on the first level, two bedrooms on the second level and a one bedroom on the top level. One of the biggest selling features was a wonderful roof top deck as pictured below which offered wonderful ocean views.
The Newport Beach area offers a wide range of income property that tend to be located on the Balboa Peninsula area. This is a popular area for residents and tourists visiting Newport Beach due to the close proximity to the beach and the Newport Bay. In fact, it's easy to go to the beach from the bay in just a matter of minutes. This area is also filled with a wide variety of restaurants, shopping and beach activities at the area called the Balboa Fun Zone. If you ever have a chance to come to this area make sure to take the Newport Bay boat tour as it visits many of the most expensive homes and neighborhoods along the water in this area. Jim Knoska is a local Newport Beach agent who specializes in selling homes along the coast. For professional representation please contact Jim at 949-547-1820 today.
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Newport Beach 4005 Seashore
Featuring TWO highly coveted SHORT TERM RENTAL PERMITS, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five bedrooms and 3 baths. Guests will enjoy walking out to a large beachfront patio downstairs and a spacious ocean-view deck on the top floor. Both units are open and bright, and they showcase upgrades including wood-look wide-plank tile flooring, crown molding and granite bath surrounds. Fashionable kitchens display quartz countertops, peninsulas with waterfall-style edges, stainless steel appliances and white Shaker cabinetry. Property also comes with coastal approved plans for a third floor roof deck addition. The duplex’s outstanding location is destined to be a big attraction for short-term renters. Not only is it directly on the sand, it is close to Lido Marina Village, Fashion Island, golf, parks and world-famous surf spots.$11,695,000
Newport Beach 1003 Balboa Boulevard
Balboa Peninsula Oceanfront compound on the boardwalk in Newport Beach with coveted short term rental permit. The Large house features panoramic views from Dana Point to Catalina with 3 stories, an elevator, 6 bedrooms and 6 baths. The master bedroom is on the second floor and offers unobstructed ocean views. The private courtyard is a great way to enjoy the beachfront living and connects the main house to the 3 car garage. The second unit is a 2 bedroom, 1 bath located above the garage with separate access and a private balcony with an ocean view currently being rented to a long-term tenant.$7,999,000
Newport Beach 421 Edgewater
EARN INSTANT EQUITY WITH APPROVED PLANS TO ADD A THIRD FLOOR! Perfectly situated on the coveted Balboa Peninsula, this property offers a fantastic opportunity that will double the value of your investment in just 8 months. The APPROVED PLANS show a new roof, new siding, a new inside laundry room on the 2nd floor, new bi-fold doors, new windows, and a new glass elevator that will access all three floors. The addition on the third floor will have a fifth bedroom and full bath, a large California room with beautiful glass walls that open to arguably the largest roof deck in the area. The magnificent rooftop terrace will be an entertainer's dream with its covered and uncovered lounging areas, outdoor kitchen, fire pit, and hot tub with iconic views of Newport Harbor spanning from Mt. Baldy and down the Corona Del Mar coastline. This Cape Cod Contemporary home currently features a large open-concept great room and dining area, a deluxe chef’s kitchen with a 60-inch Viking range, a Sub Zero refrigerator, and a large island. The second floor is highlighted by a master bedroom suite with stunning bay views, a generous sitting area, a fireplace, and a wine refrigerator. Two spacious en suite bedrooms and a bedroom/office complete the second level. Last but certainly not least, direct access to your private beach, dock, and boat slip that can accommodate a 60-foot boat. Don't let this opportunity pass you by, call now to access the full set of plans and see the property.$7,945,000
Newport Beach 506 Oceanfront
Once in a lifetime opportunity! For the 1st time in over 35 years, 506 E. Oceanfront is NOW available to add to your investment portfolio as an investment asset or, utilize it for your future primary residence (or both as its zoned as a Duplex). These assets customarily never hit the market and become generational properties! Don't Hesitate. Don't let this unique opportunity pass you by. Located in the heart of the Balboa Peninsula! Wake up and choose the Bike Path in front, the volleyball courts, or enjoy the sand and Pacific Ocean - all just steps away. If you choose to take a short stroll, you are immediately in the heart of all the action. Just steps to the pier, local restaurants, and plenty of parking for your guests as the city parking facilities are also just steps away. Not too many places along the California Coastline could offer this much opportunity. Current unit mix (Unit A) is a Three Bedroom Two Bath unit - potentially set up to sleep 9 Guests, and Unit B as a 4 bedroom 2 1/2 Bath unit that is potentially set up to sleep 12 Guests... Imagine having 21 guests at your Beach Front Oasis!$6,500,000
Newport Beach 3912 River Avenue
Situated on one of Newport Beach’s most coveted corner bayfront lots, 3912 River is a contemporary duplex along the canal with a stunning private dock and boat slip. This timeless property offers an abundance of natural light via an array of skylights and large pane windows. Each unit offers bedrooms with en-suite bathrooms, a balcony off the primary suite, and an open kitchen with quartz countertops and stainless-steel appliances. The waterfront unit offers 3 bedrooms, 4 bathrooms and a living area complete with wood floors and a fireplace that leads to the gorgeous large patio/dock area. The second (street-side) unit hosts 2 bedrooms, 2 bathrooms, a fireplace in the living area, balconies, and both water and ocean views. This beautifully maintained property features the corner lot privacy of only one neighbor, two separate garages, and separate HVAC, utilities, and entrances for each unit. This waterfront opportunity is perfect for an owner-user or investor located 2 blocks from the beach and is in close proximity to the Newport Pier, Lido Village, 38th St Park, and Newport Beach’s finest dining and shopping.$5,495,000
Newport Beach 4015 Marcus Avenue
Welcome to 4015 Marcus Drive, a captivating property nestled in the heart of Newport Island in Newport Beach. This extraordinary residence boasts a private dock, granting you the privilege of harboring your very own Duffy or larger boat at your waterfront home. Picture the sheer joy of gliding along the pristine waters, watching sunsets, or immersing yourself in the picturesque allure of Newport Harbor at your leisure. More than a haven for a fantastic waterfront lifestyle, this property presents a lucrative investment opportunity. Comprising two separate remodeled and upgraded units totaling 5 bedrooms, it offers flexible options to generate income. Rent out one or both units monthly, establishing a steady stream of revenue. Alternatively, reside in one unit while leasing the other, relishing the comfort of home alongside an additional income source. For paddle boarding enthusiasts, the tranquil harbor presents an ideal canvas for indulging in this popular coastal activity, offering serene and inviting waters for your enjoyment. Newport Beach, renowned for its stunning coastline and vibrant social scene, sets the stage for a life of leisure and enjoyment. Immerse yourself in the thriving Newport Island community, where luxury yachts, waterfront residences, and a vibrant boating culture converge to create an unrivaled coastal experience. As you explore the area, discover the relaxed yet glamorous atmosphere prevalent in Newport Island, nearby Peninsula beaches, Lido Marina Village's upscale shopping, delectable dining options at Fashion Island, and many more along the coast. Contact Broker regarding rental potential and rental history.$5,350,000
Newport Beach 4800 Seashore Drive
Ideally situated in the West Newport enclave of the Newport Beach Peninsula. Life on the Seashore is more fun than ever at this luxurious partial beach-front residence. Enjoy breathtaking ocean, sunset, coastline, crashing waves, from inside and out. The exquisite seashore duplex offers a unique opportunity to own a rare piece of paradise. With stunning ocean views, this multifamily home is a one-of-a-kind gem. Each unit boasts spacious living areas, modern amenities and direct access to the beach. Whether you're looking for a serene escape or an investment property with unparalleled rental potential, this seaside duplex with TWO short term rental permits is a dream come true. 5 car parking. The splendid coastal retreat features six bedrooms and three bathrooms. With this generous bedroom and bathroom configuration, you'll have plenty of space for family and friends to enjoy the comforts of beachfront living. This duplex offer a luxurious escape with all the amenities you need to make the most of your seaside experience. Grocery stores, theaters, hotels, world class golf, recreation and JWA international airport are all remarkably convenient. Property has the potential to receive over $400K annually in STR gross income.$5,295,000
Newport Beach 1809 Bay Avenue
Introducing an unparalleled investment opportunity: an exceptional triplex located in Newport Beach's coveted Balboa Peninsula which has never been on the market, directly opposite the idyllic Mothers Beach. Boasting unobstructed bay views and a unique absence of front-facing neighbors, this property epitomizes prime Newport Beach real estate. Each unit offers the potential for diverse income streams. Live in one unit while leasing out the other two, or capitalize on rental income from all three. The possibilities are limitless, making it an ideal investment for both seasoned investors and those seeking a lucrative Newport Beach property. A buyer can also investigate the possibility of converting to condos. The current owner was using the upstairs unit as one property, so it is currently set up as a duplex, but can easily be turned back into a triplex adding a door. Recently upgraded with renovated bathrooms, kitchens, carpet, lighting, and fresh paint, enhancing both aesthetic appeal and functionality. With views down the harbor and no neighbors in front to ever block your view, this is truly a once in a lifetime opportunity. Current floor plan is in the supplements for review.$5,295,000
Newport Beach 916 Balboa Boulevard
Welcome to this stunning newly completed duplex situated in a highly desirable location on Balboa Peninsula in Newport Beach. This exceptional property offers the perfect blend of contemporary design, modern aesthetics and functionality, making it an ideal opportunity for both homeowners and investors alike. The front owners unit boasts a spacious layout of 1812 sq. ft. with 3 bedrooms with one that opens onto a generous bright and sunny deck. The interior features include beautiful French oak flooring that adds warmth and elegance to every room, rift cut white oak cabinets providing a sleek and modern touch, while the stainless appliances and Sile Stone counters offer both durability and style. The secondary unit is equally impressive, offering 1067 sq. ft. of open concept living with 2 bedrooms, with a generous bonus room that may be used as a media room, study, or an additional bedroom which opens onto a spacious rooftop terrace. The unit may function as guest quarters or as income opportunity providing an inviting space for owners or tenants who will love to call it home. The exterior features a sleek and stylish facade, a standing seam metal roof system and sliding doors graciously opening onto the front patio and balcony welcoming natural light to the interior. Whether you're relaxing on the balcony or enjoying the nearby beaches, you will benefit from the convenience of being just a short distance away from the boardwalk, sandy beaches, world class surf, picturesque Newport Harbor, and a multitude of vibrant waterfront restaurants and a variety of entertainment options. This home truly offers the ultimate coastal lifestyle.$4,650,000
Newport Beach 111 39th Street
Nestled just steps from the beach, this multifamily home is a true gem, rarely found on the peninsula. Its prime beach location offers an unparalleled coastal lifestyle, complete with breathtaking ocean views, stunning sunsets, and the soothing sound of crashing waves. Both units feature expansive living areas, modern amenities, and ample parking on one of the largest lots in the area. With a total of 6 bedrooms and 4 1/2 baths, along with 6 parking spaces and 2 spacious outdoor areas, this duplex truly has it all. Whether used as a single-family home or for generating additional income, this property exudes versatility and coastal charm.The lower unit welcomes you with a formal entry that opens into a spacious and bright floor plan, featuring 3 bedrooms, 2 baths, and an office nook. The spacious kitchen complete with breakfast bar, flows into a large dining area and living room with sliding glass doors leading to a generously sized patio. Upstairs, natural light floods the space, highlighting the hardwood floors and voluminous ceilings. The open floor plan showcases a chef's kitchen with high-end stainless steel appliances, two ovens, a produce sink, ample cabinetry, and counter space. The oversized living has a gas fireplace and both living and dining areas boast vaulted ceilings. Large balcony with plenty of room for outdoor seating and grill. The larger of the two units, it comprises of 3 large bedrooms, 2.5 baths, and a large office. The primary suite features a double-sided fireplace, a spacious walk-in closet, and a separate tub and shower. Direct entrance to the enclosed garage and ample closet space enhance the living experience. Let the photos speak for themselves this property is a coastal haven awaiting its new owners.$4,395,000
Newport Beach 1133 1133 West Balboa Blvd
Fantastic Peninsula,opportunity awaits you.Oceanside of Balboa Blvd. Located one house from the Ocean. Two separate Homes one on each floor. Each 3 Bd with 2Ba .Large fireplace in each unit. An abundance of outdoor living space. 3 decks upstairs and a Large patio downstairs. Large primary upstairs with walk in closet and additional closet. Spacious dressing area , double vanity with separate shower and toilet room. Both Kitchens recently have been remodeled. Vaulted ceilings with exposed beams Living room and primary upstairs. .Location is Perfect for an Incredable Beach experience. Great body surfing and board as well. Enjoy exquiste Sunrises and Sunsets. Excellent Parking Capacity 4 car spaces in garage with one additional carport space. Plenty of un- metered steet parking available. Property has Transferable Current Short term Lodging permit City of Newport Beach. Ocean peak view upstairs from bath & deck. This building has been loved, maintained and improved by current owners for over 34 years. Add a third floor for expanded Ocean views per city Building department approval. Lovely as Is Or utilize this property with endless possibilities to manifest youre Dream Home in Newport Beach. Contact James Hutton Alta Real Estate for showing.$4,395,000
Newport Beach 1321 Bay Avenue
Located in the heart of Newport Beach on the coveted Bay Avenue, this exquisite duplex offers the epitome of California beachside living with two beautifully designed units to accommodate various lifestyle needs. The home’s bottom unit presents a 3-bedroom, 3-bathroom layout, providing ample space for comfortable everyday living. Upstairs, you'll find another inviting 3-bedroom, 2-bathroom haven. Features include contemporary upgrades and sleek hardwood flooring throughout the common areas. French doors open up to a harbor-facing orientation, inviting the refreshing coastal breeze indoors and a peek-a-boo view of the water. Retreat to the spacious primary suite complete with private fireplace, walk-in closet and oversized soaking tub. Entertain in style on the expansive rooftop deck while enjoying ocean, harbor, mountain and city-light views. Both units feature thoughtfully designed layouts with an emphasis on functionality and style. Just out the front door is Newport Harbor’s glistening bay and beach ready for biking, paddle boarding, boating surfing or vacation-style beach days lounging in the sun. Hop on the nearby Ferry for quick access around Newport’s finest restaurants, shopping and social delights. Whether you're seeking a primary home, a vacation getaway, or an investment opportunity, this duplex offers versatility and sophistication in equal measure.$4,195,000
Newport Beach 507 29th Street
Iconic, mixed-use 2-unit building located in Newport Beach’s popular Cannery Village. This Mediterranean-style property offers one residential unit and one commercial office/retail space. Upstairs you will find an extremely large residential unit consisting of 4 bedrooms, 3 of which are en suite, and 3.5 bathrooms. THIS RESIDENTIAL UNIT HAS A SHORT-TERM LODGING PERMIT and is currently being used as a short-term rental. It is a generous 2,117 square feet and boasts peek-a-boo water views of the harbor from the living room and large front sundeck. Updated and remodeled throughout with thoughtfulness to preserve some of the original elements of the vibrant property. A perfectly placed center atrium brings an abundance of natural light into the center of the home. Vaulted ceilings, skylights, and open spaces give a sense of vastness. There is a laundry room conveniently located in the hallway. The primary bathroom has an oversized operable skylight that can be opened for natural air circulation. This residential unit has 2 dedicated garage spaces that are tandem parked. Downstairs you will find a versatile commercial office/retail space that is approximately 1,000 square feet. There is a dedicated bathroom for the commercial space and in the rear, you will find 4 car parking with easy access off the alley. It is currently leased as office space at $3,200 per month with the end of the lease term in mid-June, 2025. You cannot ask for a better location! Centrally located in the heart of the Balboa Peninsula within the charming Cannery Village. The oversized lot size of this property is slightly wider than the typical 30-foot-wide standard lot size found in this area. Most of the mixed-use properties located nearby have a live/work deed restriction that requires the same owner to occupy the residential unit as well as run the downstairs commercial business. This property does NOT have that deed restriction. This means that each unit can be occupied by a completely separate and independent party. Note: The Seller would like to do Seller-Financing for qualified Buyers on terms that are favorable and agreeable to all parties.$3,995,000
Newport Beach 219 Bay Avenue
Beach Duplex with a transferrable SHORT-TERM RENTAL LICENSE, located on a CORNER LOT in the quaint and quieter Bay Island area, only part way down the peninsula, and not on busier Balboa Boulevard, making this one of the more desirable areas on the peninsula. This exceptional lot location is offset at the T of Coronado Street with an unobstructed view of the bay - must see view to appreciate! Two levels have two separate home units - the bottom level has 2 bedrooms, 1 bath and large patio facing the bay, and the top level has 3 bedrooms, 2 baths, with a large deck facing the bay. A buyer can inquire with the city about adding a third level for additional ocean views, similar to many neighboring properties. This can be a family beach home with 2 units, income property, short-term rental property, or combination. Both units have fireplaces, beautiful open kitchens, and use of one car space in the two-car enclosed garage, with overhead storage space, and plenty of unmetered on-street parking. The upstairs home has a grand primary bedroom suite, and an additional second stairway and entry door in rear of home. Additional amenities include custom built-in storage throughout, open beam ceilings, and 219 E Bay Avenue is Southern California beach living at its finest, with the world-famous Newport Beach Harbor one block to the North for boating, sailing, and other water sports, and expansive sandy beaches, just a few houses away to the South, for surfing and more. Many yacht clubs are in Newport Harbor, for terrific social connections, and there are endless restaurant options. This property has been meticulously maintained by the same owners for over 25 years, including a new roof in 2020. All of the advantages of living at the beach, with an interior price tag.$3,950,000
Newport Beach 2711 Balboa Boulevard
Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located a mere ten homes away from the beach within the famed 100 block, and moments from Newport Beach's radiant sands and shimmering sea, this premier parcel epitomizes flexibility. Your dream beach home is now attainable. Enjoy it when you wish and rent it when you choose. This dual-offering presents a perfect blend of significant income potential and personal beachside luxury. The property, covering nearly 2,474 square feet, features two fully furnished units and has been extensively remodeled and re-piped in 2020, with a new roof added in 2024. Introduced by a private staircase, Unit B radiates elegance and style. With three bedrooms and two bathrooms, it features a spacious dining area and a balcony perfect for BBQ evenings. Boasting dramatic tongue-and-groove vaulted ceilings, sun-filled skylights, charming Dutch entry doors, and custom designer tiles, along with fresh paint and new flooring in 2024, every aspect of this home radiates sophistication. On the ground floor, Unit A is a contemporary gem with an open-plan design. Featuring two bedrooms and two bathrooms, this home is enhanced with upgrades including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinetry, designer subway tile backsplashes, fresh paint (2024), and impeccable countertops. 2711 W Balboa isn't merely a residence; it's a remarkable opportunity. With two short-term rental permits in hand, it boasts a cap rate of approximately 3%, offering considerable upside potential. Situated near iconic beaches, world-class dining, and the renowned Fashion Island Shopping center, this property is both a golden chance for steady income and a beachside paradise. Embrace the flexibility and make the beach both your backyard and your business.$3,649,000
Newport Beach 210 Grant St
Welcome to 210 Grant St, a luxury Duplex in highly coveted Newport Beach. Nestled perfectly between the Canal and Pacific Ocean. This property has been exquisitely remodeled and completely upgraded over the last year and a half. Meticulous care went into every detail. Two units, each with 3 bedrooms and 2 bathrooms. Upstairs unit B is the premiere unit, boasting a larger footprint, soaring vaulted ceilings with lots of sky lights, tons natural light, wood beamed ceilings throughout and an oversized back deck. This unit also features ocean and canal views from some of the kitchen & living room windows. Think sunset views and ocean breezes! Both units are highlighted with open floorplans for the kitchens, living rooms and dining rooms. The kitchens feature big islands with barstool eating area, quartz counter tops, new high-end stainless-steel appliances, pendant lighting and soft close cabinets. All bathrooms have quartz counter tops and smart mirrors. The primary bathrooms also feature large glass enclosed showers, dual sinks and smart toilets. Other upgrades are luxury vinyl flooring throughout, ceiling fans in every bedroom, new dual pane windows, new PEX piped plumbing, new exterior stucco siding and insulation, added interior insulation and sound barrier between levels, laundry relocated from garage to the interior of each unit, new washer/dryers, new front patio cement, new vinyl fences & no HOA fees. Both units have their own separate 1 car garage each with alley access. Primly located just across PCH from one of Newport’s best beaches and surf spots. Larger than most others in the area, this beach gives you ample space to post up, relax, tan, play volleyball or enjoy the cooling waters of the Pacific Ocean. Only a few steps to the Canal where you can enjoy paddle boarding or kayaking. Walking distance to multiple great neighborhood restaurants, coffee shops & Frog House Surf Shop. Just a short distance to all the rest that Newport Beach has to offer, including the beautiful harbor for boating and sailing, bay front dining establishments, Lido Marina Village, Cannery Village, Hoag Hospital and is in the award-winning Newport Unified School District. This remodel was not intended to be a flip, the owner originally planned to live in it. So extra time and care was taken with the work that was done. This is a great investment opportunity, rent out both units or live in one and rent out the other. Don’t miss out.$3,600,000
Newport Beach 112 28th Street # A
Two 3 bedrooms and 2 baths unit duplex. Ocean views from balcony deck the patio and just steps to the sand! Centrally located on the 100 block, 3 houses from the boardwalk and two blocks from The Landing shopping center. Great location near restaurants, shopping and beach activities. Two 3 bedrooms and 2 baths unit duplex. Newer paint throughout, new vinyl flooring (down stairs unit). Light and bright. Inside laundry hook-ups. ONE OF THE FEW UNITS WITH A 4 CAR GARAGE (TANDEM STYLE)$3,500,000
Newport Beach 1532 Miramar Drive
Steps to the beach and the bay on Balboa Peninsula Point, this triplex sits in one of the most coveted locations of Orange County. The charming, one way street is quiet and private. Walk or ride bikes to favorite Balboa shops, cafes, and restaurants. Hit the surf or hop on a boat in minutes. The residential income property features three units: Unit C offers three bedrooms and a large deck, Unit A offers two bedrooms, and Unit B offers two bedrooms and two bathrooms with an enclosed patio off of the living area. Laundry rooms in each unit. Two garages in the building: one car garage and a two car garage. Total of 7 bedrooms, 6 bathrooms in the building. Do not miss this opportunity to own in this prestigious community!$3,500,000
Newport Beach 213 41st Street
Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained corner duplex is the perfect income generator and/or development opportunity. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage. Updated approximately 10 years ago, there are currently long-term tenants producing immediate return. The highly desirable neighborhood is perfect as the local amenities including grocery stores, restaurants, parks and beaches are all within walking distance.$3,499,000
Newport Beach 422 Bay Avenue
READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chef’s kitchen with a large island and bar seating that opens to an airy and light-filled living area. Adjacent to the kitchen is an outdoor courtyard separated only by glass doors allowing the ultimate indoor/outdoor living with room for a fire pit, grill or seating for entertaining guests. On the second level, a sleek primary suite includes a luxurious spa bathroom with dual vanities, large soaking tub and oversized walk-in shower. The primary suite also features a private balcony and a spacious walk-in closet. There are three secondary bedrooms on the second floor and an additional bedroom with full bath on the third level. The magnificent 1,000+ sq. ft. rooftop terrace is truly an entertainer's dream with its multiple covered and uncovered lounging areas, and plans for an outdoor kitchen, fire pit and hot tub. The oversized 2-car garage will be outfitted with a charging port for an electric vehicle and there is ample room for storage cabinets and bikes. The highly sought after short term rental permit is transferred to the buyer with the sale of the property, which will significantly increase the property’s rental income. This rare offering is a great opportunity for any discerning buyer or investor.$3,400,000
Newport Beach 210 Abalone Avenue
When you think of the quintessential Balboa Island cottage this 2 bedroom 1 bath front unit of this duplex is it! Plus there is a nicely remodeled 1 bedroom back unit above the garage too. The front unit has a dutch door that opens to an open beam ceiling and a cozy fireplace in the living room, with a built in hutch in the dinning area. The kitchen has been upgraded with newer appliances. There is laminate flooring throughout. The main bedroom has a remote controlled ceiling fan and the second bedroom has a sliding glass door that leads to the back patio. The bathroom has been upgraded with a newer vanity and newer tile in the shower. The upstairs back 1 bedroom unit is located above the 2 car garage and it has newer LVP wood grained flooring throughout and newer quartz countertops in the kitchen and bathroom. The entire property was painted on the inside in 2023' and all of the appliances were installed in 2023' as well. The bathroom was majorly upgraded with new tub/shower combo and new a toilet. This property may be a prime candidate for a major rebuild and anyone considering this should contact the City of Newport Beach as to what could be built on the property.$3,400,000
Newport Beach 124 Pearl Ave
Charming duplex on the beautifully tree-lined One Hundred block of Pearl Ave on the quiet-end of Balboa Island. The upper unit is a renovated 2bed/2 bath featuring luxury vinyl plank flooring throughout, an elevator, and a large front balcony with an awning for those sunny summer afternoons. The well-appointed kitchen has stainless steel appliances and opens to the dining room. A large family room with large windows and sliders to the balcony, complete with a fireplace allow ample room to entertain. One bathroom has a tub-shower and the other a walk-in shower. The lower unit has 2bed/1 bath, kitchen and a large living room. Both units have newer dual-pane windows and a new roof. The oversized front patio is the jewel of this property. A 2-car garage with epoxy floors, a carport and laundry complete this duplex. Ideally located near the ferry and access to local beaches, Balboa Island has so much to offer, excellent restaurants, shops, community activities and a boardwalk around the perimeter allowing breathtaking views of the bay and harbor.$3,280,000
Newport Beach 1913 Court Street # 2
GREAT DUPLEX located in the heart of the Newport Beach peninsula, just behind the front row of homes facing the boardwalk. Only a few steps to the famous Newport Pier and beautiful beaches. Walk to the best nightlife, shopping and dining Newport has to offer. THE FRONT UNIT offers 2 bedrooms and 1.5 baths and a car garage + 1 carport parking tandem style and a front patio. Cozy living room with a fireplace. Beautiful Mexican pavers Flooring throughout. Light and bright kitchen which is open to the living and dining room. The unit featuring tile countertops and refrigerator. Cozy living room with a fireplace and a rooftop deck. THE BACK UNIT is a 2 bedroom 2.25 baths with a rooftop balcony overlooking the ocean. This beautiful light and bright upper unit offers Dual Master bedrooms with walking closets and their own rooftop access. Cozy living room with a fireplace. Beautiful Mexican pavers Flooring throughout. Light and bright kitchen which is open to the living and dining room. The unit featuring tile countertops, refrigerator, dishwasher and a breakfast counter/bar. Cozy living room with a fireplace. This unit includes upstairs laundry with side-by-side washer and dryer. Enjoy the roof top deck with ocean view. 1 car garage with tandem carport.$3,250,000
Newport Beach 615 E. Balboa # A
Exquisite Balboa Village Beach House! Short-Term Rental Permit Included! Own a piece of paradise in the heart of Balboa Village! This beautifully remodeled three bedroom, three bathroom home boasts a highly sought-after short-term rental permit, offering investment potential and an unparalleled lifestyle. Moments from the ocean and across from the world-famous Fun Zone, this charming home is ideally situated for enjoying all Balboa Village has to offer. Take the ferry to Balboa Island, swim in the ocean, or simply relax and soak up the sunshine—everything is at your fingertips. Fully renovated in 2022 and meticulously maintained, the property is move-in ready and comes with everything you need, including bikes, boogie boards, and the California sunshine. Don't miss this rare opportunity. SHORT TERM RENTAL PERMITS are highly coveted in Newport Beach with a reported waiting list. This home presents an exceptional investment opportunity, allowing you to share your slice of paradise with others.$2,150,000
Newport Beach 1544 Orchard Drive
A rare developer opportunity! This remodeled single story duplex is situated on a flat lot in an excellent location in Newport Beach next to Santa Ana Country Club. Buyer has the option of building 2 units per lot approx. (7840 sq ft). Excellent long term tenants residing in the units currently. Low expenses and good income. RV parking. 1554 Orchard, NB is also for sale on a separate listing. The duplexes are contiguous and are being sold together.$1,595,000
Newport Beach 1554 Orchard Drive
A rare developer opportunity! This remodeled single story duplex is situated on a flat lot in an excellent location in Newport Beach next to Santa Ana Country Club. Buyer has the option of building 2 units per lot approx. (7840 sq ft). Excellent long term tenants residing in the units currently. Low expenses and good income. RV parking. 1554 Orchard, NB is also for sale on a separate listing. The duplexes are contiguous and are being sold together.$1,595,000
