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    315 E Balboa Boulevard

    Newport Beach, CA 92661
    • $1,999,000
    • STATUS: Active Under Contract
    • ON SITE: 180 days
    • ID#: PW20064064
    Under Contract
    UPDATED: 31 min ago
    $1,999,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,573
      SQFT
    • $777
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Amazing duplex just steps to the beach - on the beach side of Balboa Blvd - near the Balboa Pier - at the prestigious Balboa Peninsula. Fully remodeled 3 years ago with the highest quality materials, this home features Milgard double pane windows and sliding glass doors, LED recessed lighting, custom maple cabinets with stunning granite countertops, stainless steel appliances, fully remodeled bathrooms with the same cabinets and countertops as the kitchen, all new flooring, fixtures and more. The downstairs unit features 3 large bedrooms and 2 bathrooms, with an open kitchen and living room featuring a central raised hearth fireplace, sliding glass door to a front patio, attached garage with 1 parking space and washer/dryer hookups. The upstairs unit features 4 bedrooms and 2 bathrooms with the master suite being HUGE with vaulted ceilings, private balcony, large en-suite bathroom with walk-in closet and large sitting area. The living room of the upstairs unit also features vaulted ceilings, central floor to ceiling fireplace, and the same high end materials of the down stairs unit. The upstairs unit features a 2nd balcony off the kitchen and 1 of the bedrooms, and uses the 2nd space of the attached garage and has a 2nd set of washer/dryer hookups so each unit has their own. Just 1 house separates you from the beach, and across the street from the Balboa Island Ferry, iconic beaches, piers, boating, restaurants, fishing, surfing, biking - it does not get any better.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-24T15:32:45.437. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/104576409
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    315 E Balboa Boulevard Newport Beach, CA 92661

    • Price: $1,999,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: PW20064064
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,573
    SQFT
    $777
    $/SQFT
    1973
    Built
    Neighborhood:
    Balboa Peninsula (Residential) (Balp)
    County:
    Orange
    Area:
    NP - Balboa Peninsula
    Property Description
    Amazing duplex just steps to the beach - on the beach side of Balboa Blvd - near the Balboa Pier - at the prestigious Balboa Peninsula. Fully remodeled 3 years ago with the highest quality materials, this home features Milgard double pane windows and sliding glass doors, LED recessed lighting, custom maple cabinets with stunning granite countertops, stainless steel appliances, fully remodeled bathrooms with the same cabinets and countertops as the kitchen, all new flooring, fixtures and more. The downstairs unit features 3 large bedrooms and 2 bathrooms, with an open kitchen and living room featuring a central raised hearth fireplace, sliding glass door to a front patio, attached garage with 1 parking space and washer/dryer hookups. The upstairs unit features 4 bedrooms and 2 bathrooms with the master suite being HUGE with vaulted ceilings, private balcony, large en-suite bathroom with walk-in closet and large sitting area. The living room of the upstairs unit also features vaulted ceilings, central floor to ceiling fireplace, and the same high end materials of the down stairs unit. The upstairs unit features a 2nd balcony off the kitchen and 1 of the bedrooms, and uses the 2nd space of the attached garage and has a 2nd set of washer/dryer hookups so each unit has their own. Just 1 house separates you from the beach, and across the street from the Balboa Island Ferry, iconic beaches, piers, boating, restaurants, fishing, surfing, biking - it does not get any better.
    Exterior Features

    Architectural Style Craftsman Carport Spaces 0.00 Construction Materials BrickConcreteDrywall WallsGlassVinyl SidingWood Siding Direction Faces North Entry Level 1 Entry Location 1 Exterior Features Rain Gutters Fence YN Yes Fencing Excellent ConditionVinyl Foundation Details Slab Garage Spaces 2.00 Lot Features Level With StreetRectangular LotLevelNear Public TransitNo LandscapingPark Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedBuilt-In StorageConcreteDriveway LevelGarageGarage Faces RearGarage - Single DoorGarage Door Opener Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof AsphaltRolled/Hot Mop Spa Features None Spa YN No Uncovered Spaces 0.00 View City LightsPeek-A-Boo View YN Yes Waterfront Features Across The Road From Lake/OceanBay FrontBeach AccessBeach FrontCanal FrontFishing in CommunityMarina in CommunityNavigable WaterOcean AccessOcean Side Of Freeway

    Interior Features

    Appliances Self Cleaning OvenConvection OvenDishwasherEnergy Star Qualified AppliancesFree-Standing RangeDisposalGas RangeMicrowaveRefrigeratorWater Line To Refrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1300 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Door Features Energy Star Qualified DoorsInsulated DoorsMirror Closet Door(S)Panel DoorsSliding Doors Fireplace Features KitchenLiving RoomGasGas StarterWood BurningMasonryRaised HearthTwo Way Fireplace YN Yes Flooring CarpetTile Heating CentralForced Air Heating YN Yes Interior Features BalconyBeamed CeilingsCathedral Ceiling(S)Ceiling Fan(S)Copper Plumbing FullGranite CountersHigh CeilingsOpen FloorplanRecessed Lighting Laundry Features Gas Dryer HookupIn GarageWasher Hookup Levels Two Room Type Center HallKitchenLiving RoomMaster BathroomMaster BedroomMaster SuiteWalk-In Closet Window Features BlindsCustom CoveringDouble Pane WindowsInsulated WindowsLow Emissivity WindowsScreens

    Property Features

    Accessibility Features 2+ Access ExitsEntry Slope Less Than 1 FootNo Interior StepsParking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cable Tv Expense 0.00 Cap Rate 4.50 Community Features BikingCurbsDog ParkFishingHikingParkWatersportsSidewalksStorm DrainsStreet Lights Country Us Current Financing Conventional Electric Standard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gardener Expense 0.00 Gross Income 75600.00 Gross Multiplier 48.00 Gross Operating Income 75600.00 Gross Scheduled Income 75600.00 Insurance Expense 1200.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 0.00 Laundry YN Yes Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 73680.00 New Construction YN No New Taxes Expense 4726.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number Wall AC 1 Number With Carpet 2 Number With Dishwasher 2 Number With Disposal 2 Number With Drapes 2 Number With Patio 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 1920.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Duplex Rent Control YN No Security Expense 0.00 Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Subdivision Name Other Balboa Peninsula (Residential) (Balp) Supplies Expense 0.00 Tenant Pays Cable TvElectricityGasInsuranceTelephone Total Actual Rent 6250.00 Total Expenses 6646.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedUnderground UtilitiesWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 720.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Assessor

    Listing provided courtesy of Adam Brett Freilich of Reliance Real Estate Services and Eric Urban of Reliance Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-24T15:32:45.437. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

     
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