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    700 E Ocean Front

    Newport Beach, CA 92661
    • $5,938,000
    • STATUS: ACTIVE
    • ON SITE: 79 days
    • ID#: 302960214
    UPDATED: 14 min ago
    $5,938,000
    • 4
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rear to find OCEANFRONT property nested on the heart of the Balboa Peninsula, enjoy the fresh ocean breeze and fantastic sun set from the huge ocean-facing raised deck and balcony, excellent Balboa Village location, on the front of the Boardwalk, next to the beach and pier, short walk to restaurants, Shopping, park, Balboa Fun Zone, bus stop and ferry to Balboa Island. The upper unit with two separate sections, front section feature 2 bedroom 1 bath, granite counter top kitchen with stainless steel applia Rear to find OCEANFRONT property nested on the heart of the Balboa Peninsula, enjoy the fresh ocean breeze and fantastic sun set from the huge ocean-facing raised deck and balcony, excellent Balboa Village location, on the front of the Boardwalk, next to the beach and pier, short walk to restaurants, Shopping, park, Balboa Fun Zone, bus stop and ferry to Balboa Island. The upper unit with two separate sections, front section feature 2 bedroom 1 bath, granite counter top kitchen with stainless steel appliance and walk in pantry, fireplace living room, back section feature 1 Bedroom 1 bath and living room, snack bar, with sink: lower unit feature 1 bedroom 1 bath also with granite counter top kitchen, fireplace living room and huge deck on the side of Boardwalk, each unit with interior Laundry, double pane window and central air. large 4 car garage with plenty of rooms for your beach toys, an additional one parking space offer extra convenience for your guest, property is zoned R2, currently operated as a vacation rental, air BNB or short term rental, all the income/expense listed is project/Pro Forma.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    700 E Ocean Front Newport Beach, CA 92661

    • Price: $5,938,000
    • Status: ACTIVE
    • Updated: 14 min ago
    • ID#: 302960214
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    Neighborhood:
    Balboa Peninsula
    County:
    Orange
    Area:
    Oc - Newport Beach (92661)
    Property Description
    Rear to find OCEANFRONT property nested on the heart of the Balboa Peninsula, enjoy the fresh ocean breeze and fantastic sun set from the huge ocean-facing raised deck and balcony, excellent Balboa Village location, on the front of the Boardwalk, next to the beach and pier, short walk to restaurants, Shopping, park, Balboa Fun Zone, bus stop and ferry to Balboa Island. The upper unit with two separate sections, front section feature 2 bedroom 1 bath, granite counter top kitchen with stainless steel applia Rear to find OCEANFRONT property nested on the heart of the Balboa Peninsula, enjoy the fresh ocean breeze and fantastic sun set from the huge ocean-facing raised deck and balcony, excellent Balboa Village location, on the front of the Boardwalk, next to the beach and pier, short walk to restaurants, Shopping, park, Balboa Fun Zone, bus stop and ferry to Balboa Island. The upper unit with two separate sections, front section feature 2 bedroom 1 bath, granite counter top kitchen with stainless steel appliance and walk in pantry, fireplace living room, back section feature 1 Bedroom 1 bath and living room, snack bar, with sink: lower unit feature 1 bedroom 1 bath also with granite counter top kitchen, fireplace living room and huge deck on the side of Boardwalk, each unit with interior Laundry, double pane window and central air. large 4 car garage with plenty of rooms for your beach toys, an additional one parking space offer extra convenience for your guest, property is zoned R2, currently operated as a vacation rental, air BNB or short term rental, all the income/expense listed is project/Pro Forma.
    Exterior Features

    Pool N/K Site Corner LotCurbs

    Interior Features

    Cooling Central Forced Air Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1

    Property Features

    Annual Expense Actual 65000 Buildings 1 Gross Scheduled Income Actual 145000 Home Owners Fees 0.0 Miscellaneous Value in Land Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 100000.0 Unit2 Rent Actual 45000.0 Zoning Assessor

    Listing provided courtesy of Walton Realty Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92131