1213 W Balboa Boulevard

Newport Beach, CA 92661

  • 5 Bed(s)
  • 5 Bath(s)
  • 0 Sqft
  • 3049
    Sqft(Lot)
$3,100,000

Description

Outstanding investment opportunity for the buyer with a vision. just one house to the beach and very close to all that balboa peninsula offers. this two story triplex offers exceptional long term rental income, close proximity to the oceanfront and plenty of garage and parking space for all units. tenants enjoy the use of the laundry room, relaxing areas in the courtyard or front patio. this property has been upgraded over the last five years and can be used as rentals yearly or summer/winter rentals to maximize income stream. there are two units with 2 bedrooms 2 bathrooms and one unit over the garage with 1 bedroom and 1 bathroom. all units are currently occupied. next door is 1209 w. balboa and is the exact mirror of 1213. buy one or buy both and create a development project with high enough build to enjoy white water views year round for the upper units. the highest and best use of this land would be to build stacked condo's with elevators and balconies. the city of newport beach has consulted with an architect on the possible future development of 1209 and 1213 w. balboa. hurry because this type of property sells fast in newport beach, balboa​​‌​​​​‌​​‌‌​‌‌​​‌​​​‌​‌​​‌‌​‌​‌ peninsula.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    49346761

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Beamed Ceilings,High Ceilings,All Bedrooms Up,All Bedrooms Down
    • Property Appliances: Electric Range,Gas Water Heater,Refrigerator
    • Fireplace: None
    • Flooring: Carpet,Laminate

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1952

    Foundation

    • Slab

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.07
    • Lot Size Dimensions: 31x103x31x103
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3049

  • Listing Price Information

    • Original List Price: 3,100,000
    • Listing Contract Date: 2025-04-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 04724110

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NP - Balboa Peninsula
    • Directions: West Balboa at 12th street
    • Zoning: R2
    • Source Property Type: Residential Income
    • Area: NP - Balboa Peninsula
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 73
    • Common Walls: 2+ Common Walls
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: ground level
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/25/2025 @ 14:02

  • MLS: NP25069687
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 0 sqft, 3,049 sized lot, and 3 parking. are nearby neighborhoods.