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1116 W Balboa Blvd, Newport Beach, CA 92661
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1116 W Balboa Blvd Newport Beach, CA 92661

$3,200
  • 1 Beds
  • 1 Baths
  • 610 Sq.Ft.
Pending
$3,200 Get Pre-Qualified
Map preview of 1116 W Balboa Blvd, Newport Beach, CA 92661

Property Overview: 1116 W Balboa Blvd Newport Beach, CA has 1 bedrooms, 1 bathrooms, 610 living square feet and 3,049 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Location, Location, Location! Live your dream life on the Balboa Penninsula. Sun and sea away you in this adorable apartment on Balboa Penninsula. Steps from Balboa island ferry, shops restarants and to the pier and beach. Enjoy all that Newport beach has to offer. Cute, cozy and clean, one bedroom, one bath apartment with a side patio for storing your surfboard, bbq and beach chairs. Washer and dryer in unit, one assigned carport space. This is a downstairs unit. #D

Listed by Rosanne Nitti | BRE #01810310 | Rosanne Marie Nitti
Last checked: 3 minutes ago | Last updated: March 16th, 2024 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
3,049
HOA Dues
$0/mo
Year built
1953
Garage
1 Car
Property Type:
Fourplex
Status
Pending
MLS#
OC24044642
City
Newport Beach
County
Orange
Time on Site
45 days

Open Houses for 1116 W Balboa Blvd

No upcoming open houses

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Property Details for 1116 W Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • In Closet, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Flooring: Vinyl
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Corian Counters, Pots & Pan Drawers, Self-closing drawers
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Unfurnished
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Tile
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned, Carport
  • No Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 04726326
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Between 10th and 11th on Balboa Blvd
Neighborhood Information
  • Community Features: Biking, Fishing, Watersports, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 1116 W Balboa Blvd

Last leased for $4,500 on March 31st, 2023

  • March, 2024

  • Mar 14, 2024

    Date

    Pending

    CRMLS: OC24044642

    $3,200

    Price

  • Mar 4, 2024

    Date

    Active

    CRMLS: OC24044642

    $3,200

    Price

  • March, 2023

  • Mar 31, 2023

    Date

    Leased

    CRMLS: OC23027729

    $4,500

    Price

  • Feb 17, 2023

    Date

    Active

    CRMLS: OC23027729

    $4,600

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! Sand and sea await you at this beachside retreat on Balboa Peninsula. Walk to Balboa Ferry and restaurants and just steps to the pier and beach. Enjoy all that Newport Beach has to offer. Amazing newly remodeled, two bedroom, two bath on Balboa Peninsula. Lower unit approx 880 sq ft, Large Front Patio and small side yard. Cental A/C, brand new appliances with high end finished. Wine fridge is ready for your favorite vintages. Washer and dryer in unit. One assigned carport space. This is Unit A.

  • March, 2023

  • Mar 30, 2023

    Date

    Leased

    CRMLS: OC23027790

    $4,000

    Price

  • Feb 17, 2023

    Date

    Active

    CRMLS: OC23027790

    $4,300

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! Sand and sea await you at this beachside retreat on the Balboa Peninsula. Walk to Balboa Ferry, shops and restaurants and just steps to the pier and beach. Enjoy all that Newport Beach has to offer. Amazing newly remodeled, two bedroom, 1 bath on Balboa Island. Upper unit approx 830 sq ft, Central air and heat, brand new appliances with high end finishes. Washer and dryer in unit. One assigned carport space. Unit C Upstairs Unit.

  • March, 2023

  • Mar 11, 2023

    Date

    Leased

    CRMLS: OC23027746

    $4,100

    Price

  • Feb 17, 2023

    Date

    Active

    CRMLS: OC23027746

    $4,100

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! Sand and sea await you at this beachside retreat on Balboa Peninsula. Walk to Balboa Ferry, shopping and restaurants. restaurants and just steps to the pier and beach. Enjoy all that Newport Beach has to offer. Amazing newly remodeled, Two bedroom, 1 bath on Balboa Peninsula.. Upper unit approx 830 sq ft, Juliet Balcony, Cental air and heat, brand new appliances with high end finished. Washer and dryer in unit. One assigned carport space. Large French doors to Juliette balcony. Unit B Upstairs Unit.

  • September, 2021

  • Sep 9, 2021

    Date

    Leased

    CRMLS: OC21175147

    $3,600

    Price

  • Aug 9, 2021

    Date

    Active

    CRMLS: OC21175147

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Be the first to live in this newly renovated 2 bedroom 1 bathroom unit centrally located on the Balboa Peninsula in Newport Beach! Located just two houses away from the beach in a community which contains excellent walking parks, and an outstanding variety of restaurants. The B unit is on the front part of the property and has high levels of natural light. It includes a washer and dryer in the unit and one carport spot outside. The interior has an upgraded kitchen with high-end appliances and quartz counter tops. Each room has a large closet and high vaulted ceilings.

  • December, 2020

  • Dec 6, 2020

    Date

    Leased

    CRMLS: OC20214464

    $2,600

    Price

  • Nov 17, 2020

    Date

    Withdrawn

    CRMLS: OC20214464

    $2,600

    Price

  • Nov 9, 2020

    Date

    Price Change

    CRMLS: OC20214464

    $2,600

    Price

  • Oct 11, 2020

    Date

    Active

    CRMLS: OC20214464

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Be the first to live in this newly renovated 1 bedroom 1 bathroom unit centrally located on the Balboa Peninsula in Newport Beach! Located just two houses away from the beach in a community which contains excellent walking parks, and an outstanding variety of restaurants. This unit includes a washer and dryer in the unit and one carport spot outside. The interior has an upgraded kitchen with high-end appliances and quartz counter tops and gold accents. Unit also includes newly renovated private patio area.

  • December, 2020

  • Dec 6, 2020

    Date

    Leased

    CRMLS: OC20214427

    $3,350

    Price

  • Nov 19, 2020

    Date

    Active

    CRMLS: OC20214427

    $3,350

    Price

  • Nov 19, 2020

    Date

    Price Change

    CRMLS: OC20214427

    $3,350

    Price

  • Nov 17, 2020

    Date

    Withdrawn

    CRMLS: OC20214427

    $3,400

    Price

  • Nov 9, 2020

    Date

    Price Change

    CRMLS: OC20214427

    $3,400

    Price

  • Oct 11, 2020

    Date

    Active

    CRMLS: OC20214427

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Be the first to live in this newly renovated 2 bedroom 1 bathroom unit centrally located on the Balboa Peninsula in Newport Beach! Located just two houses away from the beach in a community which contains excellent walking parks, and an outstanding variety of restaurants. The B unit is on the front part of the property and has high levels of natural light. It includes a washer and dryer in the unit and one carport spot outside. The interior has an upgraded kitchen with high-end appliances and quartz counter tops. Each room has a large closet and high vaulted ceilings.

  • March, 2020

  • Mar 18, 2020

    Date

    Sold

    CRMLS: NP19240231

    $2,175,000

    Price

  • Feb 5, 2020

    Date

    Active Under Contract

    CRMLS: NP19240231

    $2,350,000

    Price

  • Jan 17, 2020

    Date

    Price Change

    CRMLS: NP19240231

    $2,350,000

    Price

  • Oct 10, 2019

    Date

    Active

    CRMLS: NP19240231

    $2,480,000

    Price

  • Listing provided courtesy of CRMLS

    Located just 2 houses from the sand makes this a highly desirable 4-plex on Newport’s Balboa Peninsula. This income property offers excellent income with minimal vacancy for any investor. All units are currently occupied with qualified long-term tenants. Each unit was renovated in 2006. The ground-level features a front 2-bedroom 2-bathroom unit and a separate one-bedroom unit off the back of the property. The second floor has two separate 2-bedroom 1-bathroom units. Both units on the second level have vaulted ceilings which lend a bright and airy ambiance to the space. Each unit comes with a parking spot in the rear carport off the alley. With a prime location on the peninsula, this coastal income property is just steps from some of the best beaches in the area. This 4-plex has much higher income potential than most other investment properties on the peninsula at this price point.

  • March, 2020

  • Mar 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,175,000

    Price

  • January, 2011

  • Jan 10, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 1116 W Balboa Blvd

Assessed Value (2020): $1,360,071
Year Land Value Improved Value Assessed Value
2020 $1,033,654 $326,417 $1,360,071

Home Value Compared to the Market

This property vs the competition

1116 W Balboa Blvd is currently listed for lease 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 $4,395,000. The median price per/sqft for Newport Beach is $1,501. 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 $879,000 for the down payment and will need roughly $87,900 for closing costs on top of the down payment.

About 1116 W Balboa Blvd

Detailed summary of property

1116 W Balboa Blvd is a fourplex for lease located in Newport Beach, CA 92661 and is currently in escrow. This fourplex offers 1 bedrooms, 1 bathrooms, roughly 610 living square feet, and sits on an approximately 3,049 square foot lot. 1116 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on March 5, 2024. The homeowner is currently asking $3,200. Local homes that are currently for sale include 119 Via Jucar, 301 Lindo Ave and 120 Via Genoa. While the average home in Newport Beach, CA is selling in 76 days, 1116 W Balboa Blvd has a days on market of 10 days. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for lease at 1116 W Balboa Blvd Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1116 W Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1953
Sq. Ft.
2,190
Lot Size
3,117
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
047-263-26

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,595,000
Median List Price/Sq.Ft.
$2,243
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
46
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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(714) 706-1823

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Homes for Lease Near 1116 W Balboa Blvd

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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.

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