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$ 2,399,000
Est. payment /mo
Price Dropped by $101K
512 W Balboa BLD Newport Beach, CA 92661
2,178 Sqft Lot
UPDATED:
11/13/2024 10:08 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS24205398
Originating Board California Regional MLS
Year Built 1960
Lot Size 2,178 Sqft
Property Description
Discover a fantastic 4-unit mixed-use residential and commercial property in the vibrant heart of Newport Beach Peninsula. This prime location features two charming residential units upstairs and two bustling retail spaces downstairs, currently leased to a popular salon and barbershop. Just a short stroll from the beach, an array of restaurants, entertainment options, and boutique shops, this property offers the perfect blend of convenience and coastal living. All renters are on a flexible month-to-month basis, providing versatility for potential owners. The property also includes two one-car garage spaces and a convenient laundry room on the ground floor. Reroofed in 2021, Balcony waterproofing in 2024. Don't miss this opportunity to invest in a thriving community!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Laundry Laundry Area
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 04807109
Special Listing Condition Not Applicable
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Listed by MICHAEL TRUONG • THE HILLCREST TEAM