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PICTURES ARE LOADING...

House & single-family home for sale in Balboa

United States > California > Orange > Newport Beach > Balboa
USD 3,100,000

House & Single-family home (For sale)

2,284 sqft
lot 3,049 sqft
Reference: EDEN-T102933769 / 102933769
Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1213 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, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. 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. View more View less Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1213 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, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. 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.
Reference: EDEN-T102933769
Country: US
City: Newport Beach
Postal code: 92661
Category: Residential
Listing type: For sale
Property type: House & Single-family home
Property size: 2,284 sqft
Lot size: 3,049 sqft

SIMILAR PROPERTY LISTINGS

SALE PRICE PER SQFT IN BALBOA

Average sale price per sqft
Aug 2020
3 months
1 year
House
USD 1,394
-
+4.1%
Apartment
-
-
-
* Average listing price
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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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