200 E Balboa Boulevard, Newport Beach, CA 92661 - MLS#LG25188085

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Arash Rokni

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

$4,899,000

Est. payment - /mo

4 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID LG25188085

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Excellent opportunity for investors or future homeowners! Currently used as a rental, this property offers immediate income potential and is ideal as an up leg for a 1031 tax-deferred exchange. Whether youre looking for a strong addition to your investment portfolio or prefer to rent it out now and move in later, this home provides flexibility and long-term value. A rare chance to secure an income-producing property today with the option to make it your personal residence in the future. When you enter this newer-built home, youll instantly feel youve arrived at the perfect blend of luxury and comfort. The dramatic living area is centered around a cozy fireplace, creating a warm and inviting space to relax or entertain. Upstairs, three oversized bedrooms offer comfort and privacy, while the third floor reveals a surprising retreat that could serve as another primary suite. GREAT VIEW OF OCEAN With a private elevator connecting each level, convenience is built right in. Enjoy sweeping views of ocean from multiple levels, and embrace the coastal lifestyle with an outdoor fireplace and built-in barbecue designed for year-round gatherings. Whether as a savvy investment or your dream home by the beach, this property delivers both opportunity and lifestyle. Best of all, its just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.

Location

State CA

County Orange

Zoning Seller

Direction Start at Coast Highway to Balboa Blvd head south to corner of Medina and Balboa or come across the Ferry

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Roof Type Metal

Building

Story 3

Level or Stories 3

Others

Tax ID 04809116

Virtual Tour https://www.zillow.com/view-imx/7915e4c8-8168-4fa4-9f96-39ec305e972c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

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Listed by John Veytia Compass

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Arash Rokni

REALTOR® | CADRE# 02005305

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

San Diego Communities

200 E Balboa Boulevard Newport Beach, CA 92661

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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