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Listed by Branden Fella • Coldwell Banker Realty
$ 3,299,000
Est. payment /mo
Active
1623 West Balboa Boulevard Newport Beach, CA 92663
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,099
Subdivision Balboa Peninsula (Residential)
MLS Listing ID NP-25125329
Year Built 1973
Lot Size 2,614 Sqft
Property Sub-Type Duplex
Property Description
Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Cafe, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units--each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you're looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Balcony, Pantry, Storage, Track Lighting
Heating Central
Fireplaces Type Master Bedroom
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Biking, Curbs, Fishing, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Watersports
Utilities Available Cable Available
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer