$5,500,000 - 916 E Oceanfront, Newport Beach

  • 0Beds
  • Baths
  • 5,650SQ. Feet
  • 0.13Acres

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!

Sales Agent

Sam Smith TeamLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:NP19257412
  • Price:$5,500,000
  • Bathrooms:0.00
  • Square Footage:5,650
  • Acres:0.13
  • Year Built:1972
  • Type:Residential Income
  • Style:Custom Built
  • Status:Active

Community Information

  • Address:916 E Oceanfront
  • Area:Balboa Peninsula (NP)
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92661

Amenities

  • Parking Spaces:4
  • Is Waterfront:Yes
  • Waterfront:Lot has Beach Access, Beach Front, Lot has Ocean Access, Ocean Front

Interior

  • Appliances:Gas Dryer Hookup, Dishwasher, Garbage Disposal, Microwave, Range/Stove Hood, Refrigerator, Water Heater Unit, Barbecue, Gas Oven
  • Heating:Forced Air
  • Cooling:None
  • Fireplace:Yes
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:2-5 Units/Acre
  • Windows:Window Blinds
  • Roof:Composition
  • Foundation:Concrete Slab

Additional Information

  • Date Listed:November 5th, 2019
  • Days on Market:11
  • Zoning:R-2

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Balboa Peninsula Point (blpp)

  • City:
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  • Price Range:
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  • Current Listings:
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  • HOA Dues:
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  • Average Price per Square Foot:
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Other (othr)

  • City:
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  • Price Range:
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Provided By: Art White(01905655), White Sail Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of November 17th, 2019 at 7:30am PST. 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.