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Newport Beach, CA 92661 1003 E Balboa Boulevard

$7,999,000

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Presented By: Sean Stanfield with Pacific Sotheby's Int'l Realty; 7144213377
  • MLS# OC24048827
  • 03/11/2024
  • Request Tour
  • Request Info
  • BedBeds • 9
  • BathBaths • 3
  • FootageSQFT • 3,570
  • GarageGarage • 3

Home Details

Balboa Peninsula Oceanfront compound on the boardwalk in Newport Beach with coveted short term rental permit. The Large house features panoramic views from Dana Point to Catalina with 3 stories, an elevator, 6 bedrooms and 6 baths. The master bedroom is on the second floor and offers unobstructed ocean views. The private courtyard is a great way to enjoy the beachfront living and connects the main house to the 3 car garage. The second unit is a 2 bedroom, 1 bath located above the garage with separate access and a private balcony with an ocean view currently being rented to a long-term tenant.
Presented By: Sean Stanfield with Pacific Sotheby's Int'l Realty; 7144213377

Interior Features for 1003 E Balboa Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Street SuffixBoulevard
Total Stories3

Other Rooms

Entry Level1

General for 1003 E Balboa Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNewport Beach
Community FeaturesSuburban
CountyOrange
Days on Market5
DirectionsE. Balboa Blvd. / B St.
Electric Expense2500.0
Entry Location1
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income346250.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet3920.0
MLS AreaNP - Balboa Peninsula
MaintenanceExpense20000.0
MobileHomeRemainsYNNo
Net Operating Income132918.0
New ConstructionNo
Operating Expense213333.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBalboa
Subdivision NameBalboa Peninsula (Residential) (BALP)
Tax Lot2
Taxes$88,000
Total Units2
Trash Expense2500.0
View Y/NNo
Water Sewer Expense2500.0
Waterfront Y/NNo
Year Built1931
Year Built SourceAssessor

Exterior for 1003 E Balboa Boulevard

Building Area Total3570.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.09
Lot Size Area3920.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Pool Charge0.0
SpaNo
Total Parking3.0
Water SourceSeeRemarks

Additional Details

Price History

1527188455

First Team Client Services

Price $7,999,000
MLS#OC24048827
List Date 03/11/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors