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Waterfront
Address
916 E Oceanfront Newport Beach, CA
Price
$ 5,500,000
Property Attributes
  • MLS#NP19257412
  • TypeIncome
  • CountyORANGE
  • CityNewport Beach
  • AreaBalboa Peninsula
  • NeighborhoodBalboa Peninsula
  • Zip92661
  • StyleCustom Built
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5650
  • Lot Size5,576 SqFt
Listing Provided Courtesy Of:
Art White with White Sail Realty.
Property Description

TWO DUPLEXES! 916 East Oceanfront (APN 048-143-18) *AND* 919 East Balboa Boulevard (APN 048-143-08) are included in this sale! Can you imagine acquiring a Balboa peninsula duplex for 1.6 and a Balboa Peninsula oceanfront for 3.9? Because now you can! These two units need to be sold together due to the geography of the peninsula and their unique layout, but they provide a great mix of short and long term rental income. - 916 East Oceanfront is a duplex with a 3 bedroom 2 bath upstairs and a 2 bedroom 2 bath downstairs. It is currently being used as a vacation rental income property. - 919 East Balboa is a duplex with a 3 bedroom 2 bath upstairs and a 3 bedroom 2 bath downstairs. It is currently being used as a long term rental income property. These are prime income units with ocean and bay views, on the boardwalk, steps to sand, and a block from dining, shopping and activities of the Balboa Village. What's more, there is tremendous potential for increasing revenue with some basic cosmetic upgrades. Inquire with agent for pro forma details. TWO DUPLEXES! 916 East Oceanfront (APN 048-143-18) *AND* 919 East Balboa Boulevard (APN 048-143-08) are included in this sale!

Price History
11/6/2019 Listed $5,500,000

General Features

Accessibility None
Assessments Unknown
Attached Structure Attached
Co-Listing Agent Last Name Baylee
Co-Listing Agent Last Name Leavitt
Co-Listing Agent State License # 02098105
Co-listing Agent Baylee Leavitt - BRE#02098105
Community Features Biking, Fishing, Gutters, Watersports, Urban
Directions E. Balboa Blvd to 919 E Balboa Blvd
Flooring Tile
HOA Fee 0.00
Levels Two
Listagentaor Newport
Listing Agent Art White - BRE#01905655
Listing Agent State License 01905655
MLS Area NP - Balboa Peninsula
Number of Units Leased 4
Price Per Square Foot 973.45
Property Attached Y/N Yes
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Subdivision Name Balboa Peninsula (Residential) (BALP)
Subdivision Name Balboa Peninsula (Residential) (BALP)
Total Units 4
Zoning R-2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Appliances Barbecue, Dishwasher, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Water Heater
Appliances Y/N Yes
Common Walls 2+ Common Walls
Cooling None
Fireplace Features Living Room
Fireplace Y/N Yes
Heating Forced Air
Heating Y/N Yes
Interior Features Balcony, Beamed Ceilings, Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Open Floorplan
Laundry Features Gas Dryer Hookup, In Closet, Individual Room, Washer Hookup
Laundry Y/N Yes
Room Type Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
Studio Area Unit Type Square Feet
Total Stories 2
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Window Features Blinds

Exterior Features

Architectural Style Custom Built
Building Area Total 5650.00
Carport Spaces 4.00
Construction Materials Stucco
Door Features Sliding Doors
Exterior Features Barbecue Private, Lighting, Rain Gutters
Fence Y/N Yes
Fencing Stone
Foundation Details Slab
Garage Spaces 0.00
Lot Features 2-5 Units/Acre
Lot Size Acres 0.1280
Lot Size Area 5577.0000
Lot Size Source See Remarks
Lot Size Square Feet 5577.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 4
Parking Features Assigned, Attached Carport
Parking Y/N Yes
Pool Features None
Road Frontage Type City Street
Road Surface Type Paved
Roof Composition
Sewer Public Sewer
Total Parking 4.00
Uncovered Spaces 0.00
View Catalina, Ocean, Pier, Water
Water Source Public
Waterfront Features Beach Access, Beach Front, Ocean Access, Ocean Front

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92661

Price
AVG $4.49M
$5.5M
Visits
AVG 32
22
Year Built
AVG 1956
1972
Walkscore
AVG 62
73
Data Provided by Walkscore ® not using MLS data

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