Newport Beach, CA 92661,512 W Balboa BLVD
Newport Beach, CA 92661,512 W Balboa BLVD
Newport Beach, CA 92661,512 W Balboa BLVD
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$ 2,399,000
Est. payment | /mo

2,178 Sqft Lot


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$ 2,399,000
Est. payment | /mo
Save

2,178 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID WS24205398

HOA Y/N No

Year Built 1960

Lot Size 2,178 Sqft

Property Description

Discover a fantastic 4-unit mixed-use residential and commercial property in the vibrant heart of Newport Beach Peninsula. This prime location features two charming residential units upstairs and two bustling retail spaces downstairs, currently leased to a popular salon and barbershop. Just a short stroll from the beach, an array of restaurants, entertainment options, and boutique shops, this property offers the perfect blend of convenience and coastal living.

All renters are on a flexible month-to-month basis, providing versatility for potential owners. The property also includes two one-car garage spaces and a convenient laundry room on the ground floor. Reroofed in 2021, Balcony waterproofing in 2024. Don’t miss this opportunity to invest in a thriving community!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Walkstreet

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04807109

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by MICHAEL TRUONG • THE HILLCREST TEAM • 909-990-8855
agent-avatar

+1(909) 772-8993

tony@soldbytonypadilla.com

279 e Arrow Hwy Suite 103, Dimas, CA, 91773, Unite States

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