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House & single-family home for sale in Balboa

USD 3,100,000

House & Single-family home (For sale)

2,066 sqft
lot 3,049 sqft
Reference: EDEN-T100838972 / 100838972
Rare Opportunity: Two adjacent lots near the beach are being sold separately but contingent on the buyer buying both properties at $3,100,000 each.
Located near the beach in the 1st 100 block of Balboa Blvd., this unique offering at 1209 & 1213 W. Balboa Blvd. presents endless possibilities for investors and developers.

The property at 1209 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units-one upstairs and one downstairs-and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, three tandem parking spots behind the garages, and a community laundry room with a pay-per-use washer and dryer owned and serviced by an outside company.

This property is being offered contingent on the sale of 1213 W. Balboa Blvd., and together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments.

Don't miss this chance to own two side-by-side beach-close lots with incredible potential.

*The square footage of apartments is estimated.
View more View less Rare Opportunity: Two adjacent lots near the beach are being sold separately but contingent on the buyer buying both properties at $3,100,000 each.
Located near the beach in the 1st 100 block of Balboa Blvd., this unique offering at 1209 & 1213 W. Balboa Blvd. presents endless possibilities for investors and developers.

The property at 1209 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units-one upstairs and one downstairs-and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, three tandem parking spots behind the garages, and a community laundry room with a pay-per-use washer and dryer owned and serviced by an outside company.

This property is being offered contingent on the sale of 1213 W. Balboa Blvd., and together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments.

Don't miss this chance to own two side-by-side beach-close lots with incredible potential.

*The square footage of apartments is estimated.
Reference: EDEN-T100838972
Country: US
City: Newport Beach
Postal code: 92661
Category: Residential
Listing type: For sale
Property type: House & Single-family home
Property size: 2,066 sqft
Lot size: 3,049 sqft

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SALE PRICE PER SQFT IN BALBOA

Average sale price per sqft
Aug 2020
3 months
1 year
House
USD 1,394
-
+4.1%
Apartment
-
-
-

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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