1213 W Balboa Boulevard
Newport Beach, CA 92661
- – beds
- – baths
- – sqft
- 3,049 sqft lot
- 1952 build
- – on site
Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1213 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, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. 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.
Listed By CRMLS_CA / Kurt Galitski / Coldwell Banker Realty / 714-957-6677
Last checked:
Checking…
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Last updated Oct 18, 2024
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MLS# PW24187699 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1952
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Year Built Source:Other
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New Construction:No
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Entry Level:2
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Foundation:Slab
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Common Walls:2+ Common Walls
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Building Area Total:2284.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:3
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Stories Total:2
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# of Separate Gas Meters:3
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# of Separate Water Meters:3
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# of Separate Electric Meters:3
Interior
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Features:Beamed Ceilings, High Ceilings, Unfurnished
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Levels:Two
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Entry Location:Front doors are on the level of the respective apa
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Flooring:Carpet, Laminate, Tile
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Room Type:All Bedrooms Down, All Bedrooms Up, Kitchen
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Fireplace:No
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Fireplace:None
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Laundry:None
Location
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Directions:South on the 55 freeway to Balboa Blvd. Property is on the ocean side of Balboa Blvd. past Newport Elementary.
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Latitude:33.60596300
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Longitude:-117.91669500
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Property Condition:Fixer
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Zoning:31
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Lot Features:2-5 Units/Acre
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Lot Size Area:3049.0000
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Lot Size Dimensions:31x103x31x103
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Lot Size Acres:0.0700
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Lot Size SqFt:3049.00
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Lot Size Source:Public Records
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Lot Dimensions Source:Public Records
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:12
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Tax Tract:234 BLOCK: 12LOT: 21
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Tax Census Tract:628.00
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Tax Area:07001
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Taxes Percent:2.00
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Tax Year:2023
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Tax Tract:234
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Tax Lot:21
The Listing
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Special Listing Conditions:Standard, Trust
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Parcel Number:04724110
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Cooktop, Disposal, Gas Range, Water Heater
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Included:Yes
The Community
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Subdivision:Balboa Peninsula (Residential) (BALP)
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Subdivision:Balboa Peninsula (Residential) (BALP)
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Senior Community:No
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Features:Gutters
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Pool:None
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Special Assessments, Sewer Assessments, Buyer to Assume, Buyer to Verify
Parking
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Parking:Yes
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Parking:Assigned, Garage
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Parking Spaces:6.00
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Garage Spaces:3.00
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Uncovered Spaces:3.00
Extra Units
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Average 1 Bed Area:700
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Average 2 Bed Area:1100
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Number With Carpet:2
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Number With Disposal:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/12/24
Sep 12, 2024
|
Listed / Active | CRMLS_CA | $3,100,000 |