60
See all 60 photos
$2,995,000
Est. payment /mo
2 Beds
1 Bath
New
217 E Balboa Boulevard Newport Beach, CA 92661
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID PW25145412
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!
Location
State CA
County Orange
Zoning Assessor
Direction SOUTH ON THE 55FWY TO BALBOA JUST PAST MAIN, RIFGT BEFORE THE PIER
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 04808118
Listed by Albert Ricci Ricci Realty