1613 W Balboa Blvd, Newport Beach, CA 92663
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1613 W Balboa Blvd Newport Beach, CA 92663

$2,300,000 Sold Price as of 03/26/2021
  • 4 Beds
  • 4 Baths
  • 2,436 Sq.Ft.
Sold
$2,300,000 Sold Price as of 03/26/2021 Refinance Your Mortgage

Map preview of 1613 W Balboa Blvd, Newport Beach, CA 92663

Property Overview: 1613 W Balboa Blvd Newport Beach, CA has 4 bedrooms, 4 bathrooms, 2,436 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price reduced as seller is motivated! This panoramic-view-lead blue-Ocean property sits squarely across the city's Marina Park Harbor overlooking a convas of private yachts, distant mountains and occasional white clouds over the dome of blue skys from the second floor balcony! The newly remodeled duplex property is a super star to own, to live in or to manage. Owner completely remodeled this 2,400 sqft property in and out, including the addition of more than 200 sqft living space to the upper floor unit. Only a few dozen steps from the beach sand, the fully furnished units each has 2 bedrooms with its own heating unit. Its 4-car garage space is particularly precious in this part of the peninsula. The duplex is under a single APN using two separate addresses: 1613 W Balboa Blvd and 1613 1/2 W Balboa Blvd. Both suites feature newly installed tile and laminate flooring, granite counter tops, custom-made fine cabinetry and premium appliances. This is a great opportunity to buy this turnkey investment or support a marina life style in a cozy beach home with plenty of space for you, your family and guests. Click VT Icon (virtual tour) above to view the video presentation.

Listed by PHILIP CHANG | BRE #01924551 | DYNASTY REAL ESTATE
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 243

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Mixed Use
Status
Sold
MLS#
IV20122095
City
Newport Beach
County
Orange
Time on Site
1122 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $80,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $120,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $1,200
  • Gas/Fuel: $500
  • New Taxes: $15,000
  • Trash: $1,000
  • Cable TV: $1,500
  • Insurance: $4,000
  • Professional Management: $0
  • Water/Sewer: $900

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 1613 W Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), Electric, See Remarks
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, In Carport, See Remarks, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • All Bedrooms Down, All Bedrooms Up, Family Room, Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • Barbecue, Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Self Cleaning Oven
Interior Features
  • 2 Staircases, Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Tandem
  • Levels: Two
  • Window Features: Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Lighting, Satellite Dish
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Level, No Landscaping, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Harbor, Marina, Ocean
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04720209
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Additions/Alterations, Building Permit, Repairs Major, Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Freeway 55 is closest leading to the city. Property is directly across from the Marina Park
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 1613 W Balboa Blvd

Last sold for $2,300,000 on March 26th, 2021
  • March, 2021

  • Mar 26, 2021

    Date

    Sold

    CRMLS: IV20122095

    $2,300,000

    Price

  • Feb 26, 2021

    Date

    Pending

    CRMLS: IV20122095

    $2,350,000

    Price

  • Sep 19, 2020

    Date

    Price Change

    CRMLS: IV20122095

    $2,350,000

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: IV20122095

    $2,700,000

    Price

  • March, 2021

  • Mar 26, 2021

    Date

    Sold

    CRMLS: IV20120646

    $2,300,000

    Price

  • Feb 26, 2021

    Date

    Pending

    CRMLS: IV20120646

    $2,350,000

    Price

  • Sep 19, 2020

    Date

    Price Change

    CRMLS: IV20120646

    $2,350,000

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: IV20120646

    $2,700,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2020

  • Jun 16, 2020

    Date

    Expired

    CRMLS: IV19278765

    $2,800,000

    Price

  • Dec 17, 2019

    Date

    Active

    CRMLS: IV19278765

    $2,800,000

    Price

  • Listing provided courtesy of CRMLS

    Click the VT Icon(Virtual Tour) above to view the video presentation of this property first before reading the rest. It helps gain an overall perspective and standing of the property in this great marina city. Directly situated at the city's Marina Park harbor and with a panoramic view of the harbor and distant mountains from the second floor balcony, this newly remodeled duplex property is a super star to own, to live in, or to manage! Owner bought this 2400 square feet jewel and totally re-modeled both units including the addition of ore than 200 square feet living space to the upper-floor unit. Just several dozen steps from the beach sands, the fully furnished units, each has with two-bedrooms with its own heating unit. Its 4-car garage space is particularly precious in this part of the peninsula. The duplex is under a single APN using two separate addresses: 1613 W. Balboa Blvd. and 1613 1/2 W. Balboa Blvd. Both suites feature newly installed tile and laminated flooring, granite counter top, custom made fine cabinetry and premium appliances. This is a great opportunity for a turn-key investment or support a marina life-style in a cozy beach home with plenty of space for guests, or both.

  • June, 2020

  • Jun 16, 2020

    Date

    Expired

    CRMLS: IV20006156

    $2,800,000

    Price

  • Jan 10, 2020

    Date

    Active

    CRMLS: IV20006156

    $2,800,000

    Price

  • Listing provided courtesy of CRMLS

    Click the VT Icon(Virtual Tour) above to view the video presentation of this property first before reading the rest. It helps gain an overall perspective and standing of the property in this great marina city. Directly situated at the city's Marina Park harbor and with a panoramic view of the harbor and distant mountains from the second floor balcony, this newly remodeled duplex property is a super star to own, to live in, or to manage! Owner bought this 2400 square feet jewel and totally re-modeled both units including the addition of ore than 200 square feet living space to the upper-floor unit. Just several dozen steps from the beach sands, the fully furnished units, each has with two-bedrooms with its own heating unit. Its 4-car garage space is particularly precious in this part of the peninsula. The duplex is under a single APN using two separate addresses: 1613 W. Balboa Blvd. and 1613 1/2 W. Balboa Blvd. Both suites feature newly installed tile and laminated flooring, granite counter top, custom made fine cabinetry and premium appliances. This is a great opportunity for a turn-key investment or support a marina life-style in a cozy beach home with plenty of space for guests, or both.

  • March, 2019

  • Mar 19, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2015

  • Aug 17, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

Show More

Tax History for 1613 W Balboa Blvd

Assessed Value (2020): $1,365,558
Year Land Value Improved Value Assessed Value
2020 $1,310,936 $54,622 $1,365,558

Home Value Compared to the Market

This property vs the competition

1613 W Balboa Blvd sold on March 26, 2021 for 36.49% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $964.7 per/sqft which puts the price per square foot 29.07% lower than the current median sale per square foot for the city of Newport Beach.

About 1613 W Balboa Blvd

Detailed summary of property

1613 W Balboa Blvd is a mixed use that recently sold in Newport Beach, CA 92663. This mixed use property offered 4 bedrooms, 4 bathrooms, roughly 2,436 living square feet, and sits on an approximately 2,614 square foot lot. 1613 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on April 6, 2021. The homeowner sold the property for $2,300,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 36.49% lower than the current median priced home. Local homes that are currently for sale include 1127 Olive Ave, 1756 Pacific Ave and 914 N Loma Vista Dr. While the average home in Newport Beach, CA is selling in 74 days, 1613 W Balboa Blvd has a days on market of 243 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 1613 W Balboa Blvd Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1613 W Balboa Blvd

Public county record property details
Beds
2
Baths
1
Year built
1935
Sq. Ft.
931
Lot Size
2,557
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
23
APN
047-202-09

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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Related Resources to 1613 W Balboa Blvd

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.