$3,100,000
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1213 Balboa Boulevard Newport Beach, CA 92661
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
2,284
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined mo...nthly property income as you develop plans for future improvements. 1213 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units—one upstairs and one downstairs—and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. Together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments. Don’t miss this chance to own two side-by-side beach-close lots with incredible potential.
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MLS#
PW24187699
Property Type
Mixed Use
Year Built
1952
Square Feet
2,284
sq. ft
Lot Size
0.07
Stories
2.0
Sewer
Sewer Connected, Public Sewer
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