217 E Balboa Boulevard, Newport Beach, CA 92661 - MLS#PW25145412

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$2,995,000

Est. payment - /mo

2 Beds

1 Bath

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID PW25145412

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!

Location

State CA

County Orange

Zoning Assessor

Direction SOUTH ON THE 55FWY TO BALBOA JUST PAST MAIN, RIFGT BEFORE THE PIER

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Tax ID 04808118

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Listed by Albert Ricci Ricci Realty

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

217 E Balboa Boulevard Newport Beach, CA 92661

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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