For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,700,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP23025528
Sold Date 06/12/23
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1962
Lot Size 3,192 Sqft
Lot Dimensions Assessor
Property Description
FIRST TIME ON THE MARKET IN 50 + years. 913 W Balboa Blvd. This Tri-plex is located on the Balboa Peninsula with Great walkability to the Balboa Pier and local restaurants and is situated one building in from the board walk / sand. Ideal for the investor or the individual looking to live in one unit and rent out the others. Each floor has a three-bedroom 2 bathroom, with patios/balconies along with oversized bedrooms and Views from the roof top deck. Relaxation and entertaining is ideal on the patios. The units on the second floor has a peek a boo view out towards the Ocean. The unit on the 3rd floor has views of the Ocean and of the Bay. When you go up onto the roof top deck. you have clear 360 degree views up and down the coast. Unit A on the ground floor was completely updated in a few years back. Unit B & C need to be updated. All units have been rented constantly. Highly desirable area. Property is being sold as is! Tenants are all month to month Showings with acceptable offers only. Great potential for weekly summer rental etc etc. Buyer to verify with the city of Newport on property qualifications for short term rentals. Sellers reserves the Escrow & Tittle companies. Seller will consider all reasonable offers!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type Bath, Electric, Gas, Kitchen, Living Room, Primary Bedroom, Outside
Fireplace Yes
Appliance Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, In Carport
Exterior
Exterior Feature TV Antenna
Garage Assigned
Carport Spaces 3
Pool None
Community Features Biking, Curbs, Fishing, Golf, Storm Drain(s), Street Lights, Sidewalks, Water Sports
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N Yes
View Bay, Back Bay, Bridge(s), Catalina, Coastline, Mountain(s), Panoramic
Roof Type Asphalt,Flat
Parking Type Assigned
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 04728109
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Trust
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Steven "Bud" Mastropaolo • eXp Realty of Southern Ca, Inc
GET MORE INFORMATION
Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692