A Villa Balboa Newport Beach Condo has just gone into escrow by Newport Beach Real Estate agent Michael Franco of Beach Cities Real Estate. 260 Cagney Ln #317 is a Bank Owned condo located in the Villa Balboa community in the Newport Heights area and listed for $346,500. Villa Balboa is a great condo community located about 4 blocks to the Newport Bay & Pacific Ocean. A lot of local Newport Beach residents enjoy living in Villa Balboa due to it's prime location with easy access to the 55 freeway and located adjacent to Hoag Hospital. This bank owned condo was at the penthouse level and featured Vaulted Ceilings and Central Air Conditioning. If you have been thinking about buying a condo in the Newport Beach area then work with one of the best Newport Beach Real Estate agents, Michael Franco. Michael represents all clients for the Newport Beach area and can be reached at 714-791-6478.