945 W Balboa Boulevard

    Newport Beach, CA 92661
    • $3,880,750
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: NP18075578
    UPDATED: 28 min ago
    $3,880,750
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,046
      SQFT
    • $642
      $/SQFT
    Type:
    Multi-Family
    Built:
    2011
    County:

    School Ratings & Info

    Description

    Great New Pricing! One of a kind Luxury Beach duplex! 945 and 947 W. Balboa, newly built and completed in 2011, two townhome style units with 3000 square feet each on an extra large 4800+ square foot lot (1 and 1/2 lot) ! Each unit boasts four bedrooms, four bathrooms and a beautiful open floor plan. This beach duplex is one house to the oceanfront and the pristine beaches. Rarely have a duplex like this one available on the market! It is perfect for investors and ideal for ocean close year round or vacation home! Each unit has a welcoming enclosed slate adorned patio, a spacious living room with fireplace, well designed open kitchen with granite counter-tops and stainless steel appliances, dining and family room, one bedroom and one full bathroom on the first level. On the second level, there is a spacious master bedroom with view balcony, great en-suite bathroom with whirlpool tub, walk-in shower and walk-in closets. Also features a den/recreation room, laundry area, a full hall bathroom, a secondary bedroom and a third en-suite bedroom with a full bathroom. All 4 full bathrooms have granite counter tops. Each unit has private access to it's own separate roof top deck for entertaining and enjoyment of the views. Each unit has a direct access separate enclosed garage, a covered carport and storage area. Tremendous income upside and it is conveniently located within short distance to shopping, beach amenities, Balboa Fun Zone, restaurants and renowned beaches!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-15T19:33:53.05. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83392295

    945 W Balboa Boulevard Newport Beach, CA 92661

    • Price: $3,880,750
    • Status: Active
    • Updated: 28 min ago
    • ID#: NP18075578
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    6,046
    SQFT
    $642
    $/SQFT
    2011
    Built
    Neighborhood:
    Balboa Peninsula (Residential) (Balp)
    County:
    Orange
    Area:
    NP - Balboa Peninsula
    Property Description
    Great New Pricing! One of a kind Luxury Beach duplex! 945 and 947 W. Balboa, newly built and completed in 2011, two townhome style units with 3000 square feet each on an extra large 4800+ square foot lot (1 and 1/2 lot) ! Each unit boasts four bedrooms, four bathrooms and a beautiful open floor plan. This beach duplex is one house to the oceanfront and the pristine beaches. Rarely have a duplex like this one available on the market! It is perfect for investors and ideal for ocean close year round or vacation home! Each unit has a welcoming enclosed slate adorned patio, a spacious living room with fireplace, well designed open kitchen with granite counter-tops and stainless steel appliances, dining and family room, one bedroom and one full bathroom on the first level. On the second level, there is a spacious master bedroom with view balcony, great en-suite bathroom with whirlpool tub, walk-in shower and walk-in closets. Also features a den/recreation room, laundry area, a full hall bathroom, a secondary bedroom and a third en-suite bedroom with a full bathroom. All 4 full bathrooms have granite counter tops. Each unit has private access to it's own separate roof top deck for entertaining and enjoyment of the views. Each unit has a direct access separate enclosed garage, a covered carport and storage area. Tremendous income upside and it is conveniently located within short distance to shopping, beach amenities, Balboa Fun Zone, restaurants and renowned beaches!
    Exterior Features

    Architectural Style Cape CodCustom Built Carport Spaces 2.00 Construction Materials Drywall Walls Entry Level 1 Entry Location 1 Exterior Features Lighting Fence YN Yes Fencing Stucco Wall Foundation Details Slab Garage Spaces 2.00 Lot Features 11-15 Units/AcreLevel With StreetLot Shape-RectangularLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Other Structures Two On A Lot Parking Features Carport AttachedDirect Garage AccessDrivewayDriveway LevelGarageGarage - Rear EntryGarage - Single DoorGarage - Two DoorGarage Door OpenerSide By Side Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition View Neighborhood View YN Yes Waterfront Features Ocean Side Of Highway 1

    Interior Features

    Appliances DishwasherGarbage DisposalGas OvenGas RangeMicrowaveRefrigeratorWater Heater Central Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Door Features Double Door Entry Fireplace Features Living RoomGasGas Starter Fireplace YN Yes Flooring CarpetTile Heating Central FurnaceForced Air Heating YN Yes Interior Features 2 StaircasesBalconyBlock WallsCeiling FanGranite CountersOpen Floor PlanRecessed LightingUnfurnished Laundry Features AreaInsideOn Upper LevelWasher Hookup Levels Two Room Type Bonus RoomEntryFamily RoomGreat RoomKitchenLaundryLiving RoomMain Floor BedroomMaster BathroomMaster BedroomMaster SuiteWalk-In Closet Window Features Double Pane WindowsScreens

    Property Features

    Accessibility Features Doors - Swing InEntry Slope Less Than 1 FootParking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet LightingSuburban Country Us Electric 220V In GarageElectricity - On Property Elevation Units Feet Gross Income 54000.00 Gross Scheduled Income 168000.00 Insurance Expense 6000.00 Land Lease YN No Laundry YN Yes Net Operating Income 123000.00 New Taxes Expense 40000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Number With Carpet 2 Number With Dishwasher 2 Number With Disposal 2 Number With Drapes 2 Number With Patio 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 47000.00 Property Condition Building PermitUpdated/Remodeled Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemFire Sprinklers Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Balboa Peninsula (Residential) (Balp) Tenant Pays Cable TvElectricityGasTelephoneTrash CollectionWater Total Actual Rent 4500.00 Total Expenses 47000.00 Trash Expense 400.00 Utilities Cable AvailableNatural Gas Available Water Sewer Expense 600.00 Water Source Public

    Listing provided courtesy of Julia Liao of Surterre Properties Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-15T19:33:53.05. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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