53
New To Site
$5,500,000
916 E Oceanfront
Newport Beach, CA 92661
MLS# NP19257412

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4 Car Spaces
0.13 Acres
TWO DUPLEXES! 916 East Oceanfront (APN 048-143-18) * AND * 919 East Balboa Boulevard (APN 048-143-08) are included in this sale! Can you imagine acquiring a Balboa peninsula duplex for 1.6 and a Balboa Peninsula oceanfront for 3.9? Because now you can! These two units need to be sold together due to the geography of the peninsula and their unique layout, but they provide a great mix of short and long term rental income. - 916 East Oceanfront is a duplex with a 3 bedroom 2 bath upstairs and a 2 bedroom 2 bath downstairs. It is currently being used as a vacation rental income property. - 919 East Balboa is a duplex with a 3 bedroom 2 bath upstairs and a 3 bedroom 2 bath downstairs. It is currently being used as a long term rental income property. These are prime income units with ocean and bay views, on the boardwalk, steps to sand, and a block from dining, shopping and activities of the Balboa Village. What's more, there is tremendous potential for increasing revenue with some basic cosmetic upgrades. Inquire with agent for pro forma details. TWO DUPLEXES! 916 East Oceanfront (APN 048-143-18) * AND * 919 East Balboa Boulevard (APN 048-143-08) are included in this sale!
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Upcoming Open House
Sunday, Nov 17th 1:00pm to 4:00pm
Property Details
Status
For Sale
Property Type
Income
Year Built
1972
Acres
0.13
Lot Size
House Style
Custom Built
Construction Materials
Stucco
Levels
Two
Roofing
Composition
Fireplace Features
Living Room
Parking Features
Assigned
Carport Spaces
4
Heating
Forced Air
Cooling
None
Flooring
Tile
Senior Community
No
Private Pool
No
Pool Features
None
Rooms
Laundry Features:
Gas Dryer Hookup, In Closet, Individual Room
Taxes & Terms
Special Listing Conditions
Standard
Has HOA
No
HOA Fee
$0.00
Area
Subdivision
Balboa Peninsula (residential) (balp)
County
Orange
View
Catalina, Ocean, Pier, Water
Water Front
Beach Access, Beach Front, Ocean Access, Ocean Front
Features
Appliances
Barbecue, Dishwasher, Gas Oven, Microwave, Refrigerator
Community Features
Gutters, Urban
Interior Features
Balcony, Beamed Ceilings, Furnished, Granite Counters
Outdoor Features
Barbecue Private, Lighting, Rain Gutters
Lot Features
2-5 Units/Acre
Listing courtesy of
White Sail Realty
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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Based on information from California Regional Multiple Listing Service, Inc.. 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, 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. Listing Data last updated: November 16, 2019 21:00 MST Service by Buying Buddy IDX CRM