1209 W Balboa Boulevard Newport Beach, CA 92661
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Kurt Galitski - Contact:  714-957-6677

  1209 W Balboa Boulevard Newport Beach, CA 92661

Active (7 Days)
$3,100,000

Description

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.

MLS #:
PW24187629
Lot Size
3,049 SQFT
Type
Multifamily
Year Built
1952
Views
Peek-a-Boo
County
Orange County
Community
Balboa Peninsula (Residential) (Balp)

Listed By

Kurt Galitski, DRE #01348644 CA, Coldwell Banker Realty, Contact: 714-957-6677
Source
CRMLS
Last checked Sep 19 2024 at 8:37 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Blinds
  • Water Heater
  • Gas Range
  • Disposal
  • Laundry: Common Area
  • High Ceilings
  • All Bedrooms Up
  • All Bedrooms Down
Subdivision
  • Balboa Peninsula (residential) (balp)
Lot Information
  • Rectangular Lot
  • 2-5 Units/Acre
Property Features
  • Foundation: Slab
Heating and Cooling
  • Wall Furnace
Flooring
  • Laminate
  • Carpet
Utility Information
  • Utilities: Water Source: Public, Water Connected, Natural Gas Connected, Electricity Connected
  • Sewer: Public Sewer
Parking
  • Assigned
Stories
  • 2
Additional Information: Newport Beach | 714-957-6677
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.