$3,185,000
$3,100,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
3,049 Sqft Lot
SOLD DATE : 03/26/2025
Key Details
Sold Price $3,185,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID WS25032607
Sold Date 03/26/25
HOA Y/N No
Year Built 1972
Lot Size 3,049 Sqft
Property Sub-Type Duplex
Property Description
This rare Peninsula Gem is nestled in the heart of Newport Beach, just steps from the Newport Harbor Yacht Club, the sandy shoreline, and the iconic boardwalk, this exceptional duplex presents a rare coastal opportunity.
Lower Unit: A spacious and recently updated 3-bedroom, 2-bathroom retreat, designed for turnkey living.
remodeled bathrooms with newer paint throughout.
Upper Unit: A bright and airy 4-bedroom, 2-bathroom haven, featuring stylish modern finishes throughout. New luxury vinyl plank floors, new paint throughout, new bathroom vanities, new electrical lighting fixtures.
Both units have been meticulously maintained, offering strong rental income potential and a history of consistent performance. Whether you're looking for a multi-family residence, a lucrative vacation rental, or a savvy investment property, this duplex delivers unparalleled value in one of the most sought-after locations on the Peninsula.
Don't miss your chance to own a piece of Newport Beach history in this prime coastal setting!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Flooring Tile, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Parking Features Door-Multi, Garage, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Rectangular Lot, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04727425
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Yen Vu • eXp Realty of California Inc
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