1007 Balboa Ave, Newport Beach, CA 92662
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1007 Balboa Ave Newport Beach, CA 92662

$2,500 Leased Price as of 04/16/2024
  • 1 Beds
  • 1 Baths
  • 243 Sq.Ft.
Leased
$2,500 Leased Price as of 04/16/2024 Refinance Your Mortgage

Map preview of 1007 Balboa Ave, Newport Beach, CA 92662

Property Overview: 1007 Balboa Ave Newport Beach, CA has 1 bedrooms, 1 bathrooms, 243 living square feet and 1,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Balboa Island! This exclusive neighborhood is right in the midst of some of the most beautiful beaches, cafes, gourmet dining and boutiques along Marine Avenue. Paddle board, kayaking and boating through the Newport Harbor waterways. Fashion Island offers world-class shopping, prestigious golf courses, and much more to experience along the Southern California Riviera. Living on Balboa Island is like a dream! The vintage charm of a cottage built in 1929 adds character to the experience. Iconic Balboa Island lifestyle is like living in a perpetual vacation. The apartment has just been updated and is completely ready for a short term stay or a long term "Staycation" living the "Balboa Island Lifestyle". One bedroom (or use as an office) one bathroom, FULL Kitchen! Plus an outside balcony.

Listed by Shannon Brown | BRE #01969252 | STEVEN M BROWN & ASSOCIATES
Last checked: 14 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
1,140
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Apartment
Status
Leased
MLS#
LG24060507
City
Newport Beach
County
Orange
Time on Site
29 days

Property Details for 1007 Balboa Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Flooring: Wood
  • All Bedrooms Up, Kitchen
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Kitchenette, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Beamed Ceilings, Ceiling Fan(s), Furnished, Living Room Deck Attached, Partially Furnished, Wainscoting
  • Levels: One, Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Cabana, Deck, Lanai, Wood
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 2
  • Parcel Number: 05012225
  • Year Built Source: Estimated
  • Architectural Style: Bungalow, Cape Cod
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Water Connected
Schools
School Information
  • High School: Newport
  • High School: NEWPOR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Collins Island (BALC)
  • Directions: Located on Balboa Ave.-Balboa Island access from Jamboree/Bayside
Neighborhood Information
  • Community Features: Biking, Dog Park, Fishing, Golf, Watersports, Street Lights
View more facts & features

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Sale History for 1007 Balboa Ave

Last leased for $2,500 on April 16th, 2024
  • April, 2024

  • Apr 16, 2024

    Date

    Leased

    CRMLS: LG24060507

    $2,500

    Price

  • Mar 27, 2024

    Date

    Active

    CRMLS: LG24060507

    $2,500

    Price

  • November, 2022

  • Nov 9, 2022

    Date

    Leased

    CRMLS: LG22234555

    $3,500

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: LG22234555

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Balboa Island! This exclusive neighborhood is right in the midst of some of the most beautiful beaches, cafes, gourmet dining, the waterways through Newport Harbor, world-class shopping, golf, and much more on the Southern California Riveria. This vintage charmer, built-in 1929 offers a one-bedroom, living room, kitchen, outdoor patio, and cozy fireplace. Comfortably sleeps, 4 people. There is a queen-sized bed in the bedroom and a queen-sized pull-out sofa bed. The professionally decorated interiors offer a casual bungalow style. You will relax and feel right at home in this adorable cottage. Walking distance to boutiques and restaurants in the quaint Marine Ave. downtown Balboa Island district. This unique opportunity to live permanently on Balboa Island in this fully furnished cottage. Lease terms and seasonal monthly rates are available. The summer rate is $4,500/month. (June-July-Aug.) Another very unique option this property offers is a dual-family vacation. The 3-bedroom beach house located next door (227 Apolena Ave.) is also available to rent. Additional family members or friends wanting to share a vacation in one of the most coveted vacation destinations in Southern California.

  • November, 2021

  • Nov 10, 2021

    Date

    Leased

    CRMLS: LG21236393

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Balboa Island! This exclusive neighborhood is right in the midst of some of the most beautiful beaches, cafes, gourmet dining, the waterways through Newport Harbor, world-class shopping, golf, and much more on the Southern California Riveria. This vintage charmer, built-in 1929 offers a one-bedroom, living room, kitchen, and quaint outdoor patio. Comfortably sleeps, 4 people. There is a queen-sized bed in the bedroom and a queen-sized pull-out sofa bed. The professionally decorated interiors offer a casual bungalow style. You will relax and feel right at home in this adorable cottage. This unique opportunity to live permanently on the peninsula in this fully furnished cottage is now available. 6-12 month term.

  • May, 2020

  • May 22, 2020

    Date

    Leased

    CRMLS: LG20077069

    $3,400

    Price

  • May 18, 2020

    Date

    Pending

    CRMLS: LG20077069

    $2,800

    Price

  • Apr 29, 2020

    Date

    Active

    CRMLS: LG20077069

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Balboa Island! This exclusive neighborhood is right in the midst of some of the most beautiful beaches, cafes, gourmet dining, the waterways through Newport Harbor, world-class shopping, golf, and much more on the Southern California Riveria. This vintage charmer, built-in 1929 offers a one-bedroom, living room, kitchen, and quaint outdoor patio. Comfortably sleeps, 4 people. There is a queen-sized bed in the bedroom and a queen-sized pull out sofa bed. The professionally decorated interiors offer a casual bungalow style. You will relax and feel right at home in this adorable cottage. This unique opportunity to live permanently on the peninsula in this fully furnished cottage is now available. Lease terms, seasonal monthly rates are available. Summer rate is $4,500/month. (June-July-Aug.) Another very unique option this property offers is a duel family vacation. The 3 bedroom beach house located next door is also available to rent. Additional family members or friends wanting to share a vacation in one of the most coveted vacation destinations in Southern California. Refer to MLS# or search for the address 227 Apolena Ave. Newport Beach.

  • November, 2002

  • Nov 8, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1007 Balboa Ave

Assessed Value (2020): $329,433
Year Land Value Improved Value Assessed Value
2020 $311,931 $17,502 $329,433

Home Value Compared to the Market

This property vs the competition

1007 Balboa Ave has recently been leased in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,800 for the down payment and will need roughly $85,980 for closing costs on top of the down payment.

About 1007 Balboa Ave

Detailed summary of property

1007 Balboa Ave is a apartment that was recently leased in Newport Beach, CA 92662. This apartment offered 1 bedrooms, 1 bathrooms, roughly 243 living square feet, and sits on an approximately 1,140 square foot lot. 1007 Balboa Ave was first listed on ArdentRealEstateGroup.com on March 28, 2024. The homeowner leased the property for $2,500. While the average home in Newport Beach, CA is selling in 75 days, 1007 Balboa Ave has a days on market of 18 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. Local homes that are currently for sale include 1319 E Balboa Blvd #C, 1320 E Oceanfront and 501 L St. For more information on this home for lease at 1007 Balboa Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1007 Balboa Ave

Public county record property details
Beds
2
Baths
1
Year built
1929
Sq. Ft.
924
Lot Size
1,140
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
24,2
APN
050-122-25

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,949,000
Median List Price/Sq.Ft.
$2,362
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
9
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.