UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $2,540
MLS Listing ID NP25058160
Style Detached
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1913
Lot Size 2,375 Sqft
Acres 0.0545
Property Sub-Type Detached
Property Description
Lowest priced single-family home on the ocean side of Balboa Blvd with R2 Zoning - Opportunity to build up to 2 condos or 3 rental units! Vacationers, investors, developers, and dreamers, take note! This zoning (unique to this side of the street) allows for building 2 condos for resale (live in one and sell the other), or a duplex plus the possibility of an ADU on this 2,375 sqft lot. Enjoy living or vacationing in this well-maintained, beach-charming single-family home located just five homes from the sand while developing plans to add another unit above your existing home or build a brand-new single-family home or multiple units. This property is situated on the side of the street with no car parking, offering an open view of the sand and ocean from the kitchen, living area and front patio. It features 3 bedrooms, 3 full bathrooms, an open-concept kitchen and living space, vaulted ceilings, a 2-car garage with additional parking behind it, indoor laundry, and an outdoor shower. Ideally located adjacent to the 24th St lifeguard stand, consisting of one of the shortest walks to the ocean from the boardwalk. Own a piece of the Balboa Peninsula with a 1-minute walk to restaurants and bars, a 2-minute walk to Newport Pier, and a 2-minute drive to the grocery store. Welcome to the most opportunistic property on the Newport Beach Peninsula.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Flooring Tile, Wood
Fireplaces Type FP in Living Room
Equipment Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Range
Appliance Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Range
Laundry Inside
Exterior
Parking Features Direct Garage Access, Garage - Two Door
Garage Spaces 2.0
View Ocean
Total Parking Spaces 2
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard

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