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$3,100,000
73 Days On Site

1209 W Balboa Boulevard
Newport Beach, CA 92661

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
2,066
SqFt
$1,500
/SqFt
1952
Built
Subdivision:
Balboa Peninsula (Residential) (BALP)
County:
Orange
Listed by Kurt Galitski of Coldwell Banker Realty Kurt@KurtRealEstate.Com
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
1209 W Balboa Boulevard1209 W Balboa Boulevard1209 W Balboa Boulevard1209 W Balboa Boulevard
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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 monthly property income as you develop plans for future improvements. 1209 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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Listing Snapshot
Price 
$3,100,000
Days On Site 
73 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,066 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1952
MLS® Number 
PW24187629
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.07
Contingency 
Contingent on the sale of 1209 W. Balboa Blvd. Newport Beach, CA 92661 by the same buyer at $3,100,000. Showings inside apartments contingent on accepted offer.
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
6
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2066
Stories 
Two
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedWater Connected
Water Source 
Public
Zoning 
31
Interior Features
Appliances 
DisposalGas RangeWater Heater
Fireplace Features 
None
Flooring 
CarpetLaminate
Heating 
Wall Furnace
Interior 
High Ceilings
Laundry Features 
Common Area
Window Features 
Blinds
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Exterior Features
Exterior 
Rain Gutters
Lot Features 
Rectangular Lot
Pool Features 
None
Spa Features 
None
Windows/Doors 
Blinds
Community Features
Building Access 
1st and 2nd floors
Financing Terms Available 
Contract
MLS Area 
NP - Balboa Peninsula
Roads 
Alley Paved


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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