Active

512 W Balboa Boulevard

Newport Beach CA, 92661

$2,399,000


$966.56 per sqft

Active

2,482 sqft

Multi-family

Built in 1960

Listed by MICHAEL TRUONG with THE HILLCREST TEAM 909-990-8855

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!

WS24205398

MLS ID

October 7, 2024

Listed

November 13, 2024

Updated

Map

512 W Balboa Boulevard
Newport Beach CA, 92661

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres


Lot Features

Walkstreet


Sewer

Public Sewer

Other Property Details

Area Name

NP - Balboa Peninsula


Days on Market

37


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

11/13/2024

Price change

$2,399,000

-5%

Listing Contact: 909-990-8855 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/13/2024 at 11:43 PM UTC

 

Powered byLuxury Presence