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Key Details
Sold Price $2,420,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID LG23197500
Sold Date 11/20/23
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1961
Lot Size 1,742 Sqft
Property Description
Discover the ultimate Newport Beach experience right at your doorstep at 1917 West Balboa Boulevard. This prime corner lot duplex, nestled on the ocean side of the boulevard at 19th Street offers you the perfect blend of residential income and beachside living. This duplex has two coveted short term lodging permits sleeping 8 and 6 occupants. But here's the real gem: you're merely THREE HOUSES away from the beach in one direction, and just a short block from the bay in the other direction. The lower level unit consists of a single bedroom, one bathroom, a generously proportioned kitchen, and an inviting front patio. The upper level unit features two bedrooms, one bathroom, a well-lit and expansive open floor plan, an additional commodious kitchen, a front patio, and a spacious rear deck that offers partial ocean views - a true embodiment of coastal living. In addition to these amenities, this property has an attached two-car garage, ensuring convenient parking for you and any potential tenants. However, the most compelling aspect of this property is the unique blend of immediate appeal and long-term potential. You have the option to enjoy the property in its current state or employ your creative vision to reimagine this dream beach duplex. For those looking to maximize the income potential, the property can be leveraged as a vacation rental during peak rental seasons or as a long-term rental year round. One block from the property is the Newport Pier area, a hub of coffee shops, restaurants, bars, and breakfast joints. Venture a bit further, and you can explore the nearby Lido Marina Village, the Fun Zone, the Balboa Pier, and Balboa Island - all must-visit destinations. Iconic landmarks like the Dory Fleet Fish Market and Crab Cooker are within a stone's throw of your home. So, drop your bags and dive straight into vacation mode while enjoying a steady stream of rental income. It's the best of both worlds, and it's all right here at 1917 W Balboa Boulevard.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 1
Ensuite Laundry Inside
Interior
Interior Features Beamed Ceilings, Breakfast Area, High Ceilings, Main Level Primary
Laundry Location Inside
Cooling None
Flooring Wood
Fireplaces Type Family Room
Fireplace Yes
Laundry Inside
Exterior
Garage Garage, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Dog Park, Fishing, Hiking, Park, Sidewalks
Waterfront Description Beach Access
View Y/N Yes
View Peek-A-Boo
Accessibility Safe Emergency Egress from Home
Porch Deck, Front Porch, Porch
Parking Type Garage, Garage Faces Rear
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Schools
Elementary Schools Newport
Middle Schools Newport
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04717101
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Tina Tullett • Tina Tullett
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605