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218 E Balboa Blvd, Newport Beach, CA 92661
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218 E Balboa Blvd Newport Beach, CA 92661

$2,050,000 Sold Price as of 06/03/2019
  • 7 Beds
  • 4 Baths
  • 2,816 Sq.Ft.
Sold
$2,050,000 Sold Price as of 06/03/2019 Refinance Your Mortgage
Map preview of 218 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 218 E Balboa Blvd Newport Beach, CA has 7 bedrooms, 4 bathrooms, 2,816 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: ZONED FOR SHORT TERM RENTALS! This well appointed duplex on the Balboa Peninsula has ocean views, phenomenal curb appeal and is just 300 feet from the beach and a quick walk to the Fun Zone and pier. Upstairs is the perfect "owner occupied" unit with an open floor plan, updated kitchen with pantry, center island, breakfast nook, formal dining room and French doors off the den that open to a fantastic view of the sand and water. With a total of 1,741 SF, this unit offers 4 large bedrooms (including the master suite with dual sinks and vanity table in the updated bath), an additional bathroom, beveled glass dual pane windows that flood the space with natural light, and vaulted ceilings. Downstairs you will find an additional 1,202 SF unit with private entry and patio, consisting of 3 bedrooms and 2 baths, full kitchen, gas appliances and high efficiency windows. Both units are equipped with their own washer/dryer, central AC and ceiling fans throughout. See Supplementals for City of Newport Beach zoning information on short-term rentals. *Upstairs formal dining room was originally a 4th bedroom. A closet has been added and it can be easily converted back to a bedroom by adding drywall on one wall above the existing pony wall.*

Listed by Jennifer Frazier | BRE #01966652 | Villa Real Estate
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1972
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC19044524
City
Newport Beach
County
Orange
Time on Site
1374 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $109,200
  • Net Operating Income: $99,977
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $300
Annual Expense Breakdown
  • Total Operating Expense: $9,923
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $31
  • Insurance: $700
  • Water/Sewer: $793

Virtual Tour

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Property Details for 218 E Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Electric
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Concrete, Tile, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Water Heater, Range Hood, Vented Exhaust Fan
Interior Features
  • Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan
  • Levels: Two
  • Window Features: ENERGY STAR Qualified Windows
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Corner Lot, Level with Street, Sprinkler System
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04809119
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Home is on the corner of E. Balboa Blvd and Coronado
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 218 E Balboa Blvd

Last leased for $5 on December 24th, 2019

  • April, 2021

  • Apr 1, 2021

    Date

    Expired

    CRMLS: OC20252439

    $5,500

    Price

  • Dec 6, 2020

    Date

    Active

    CRMLS: OC20252439

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Get ready for an amazing summer. Located in the coveted East Peninsula area of the world famous Balboa Peninsula. Spend your eveings walking to the Pier, Ferry, and the Fun Zone. This Beach cottage is just a block from the Pacific Ocean with views of the sand from the living room and patio. Great for entertaining and relaxing. This large 3 bedroom 2 bath beach house comes fully furnished, includes Smart TV with free WIFI, central air conditioning & heating, fireplace and its own washer & dryer. Yearly Lease available, Lease includes trash and water. Street parking and No Pets.

  • October, 2020

  • Oct 12, 2020

    Date

    Canceled

    CRMLS: OC20138319

    $5,500

    Price

  • Jul 14, 2020

    Date

    Active

    CRMLS: OC20138319

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Get ready for an amazing summer. Located in the coveted East Peninsula area of the world famous Balboa Peninsula. Spend your eveings walking to the Pier, Ferry, and the Fun Zone. This Beach cottage is just a block from the Pacific Ocean with views of the sand from the living room and patio. Great for entertaining and relaxing. This large 3 bedroom 2 bath beach house comes fully furnished, includes Smart TV with free WIFI, central air conditioning & heating, fireplace and its own washer & dryer. Yearly Lease available, Lease includes trash and water. Street parking and No Pets.

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: OC20070066

    $5,500

    Price

  • Apr 7, 2020

    Date

    Active

    CRMLS: OC20070066

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Get ready for an amazing summer. Located in the coveted East Peninsula area of the world famous Balboa Peninsula. Spend your eveings walking to the Pier, Ferry, and the Fun Zone. This Beach cottage is just a block from the Pacific Ocean with views of the sand from the living room and patio. Great for entertaining and relaxing. This large 3 bedroom 2 bath beach house comes fully furnished, includes Smart TV with free WIFI, central air conditioning & heating, fireplace and its own washer & dryer. Yearly Lease available, Lease includes trash and water. Street parking and No Pets.

  • December, 2019

  • Dec 26, 2019

    Date

    Leased

    CRMLS: OC19262242

    $5

    Price

  • Nov 11, 2019

    Date

    Active

    CRMLS: OC19262242

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Yearly Lease Available. Extra Large 3 bedrooms 2 baths, fully furnished, TV, and Wi-Fi. VIEW OF SAND from living room and patio. French doors lead to brick patio, Washer and Dryer inside apartment Vinyl Tile Air-conditioned /heater Gas fireplace Large bedrooms with good closet space. GREAT EAST PENINSULA LOCATION Near the Ferry and a short walk to the Newport Pier and Balboa Fun Zone. STREET PARKING only. No pets

  • August, 2019

  • Aug 16, 2019

    Date

    Expired

    CRMLS: OC19157336

    $3,900

    Price

  • Aug 8, 2019

    Date

    Withdrawn

    CRMLS: OC19157336

    $3,900

    Price

  • Jul 24, 2019

    Date

    Price Change

    CRMLS: OC19157336

    $3,900

    Price

  • Jul 3, 2019

    Date

    Active

    CRMLS: OC19157336

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Extra Large 3 bedroom 2 bath VIEW OF SAND from living room and patio French doors lead to brick patio Washer and Dryer inside apartment Super plush carpet Air-conditioned Gas fireplace Gas barbecue on patio Large bedrooms with good closet space GREAT EAST PENINSULA LOCATION Near Ferry and a short walk to the Newport Pier and Balboa Fun Zone STREET PARKING only No pets

  • June, 2019

  • Jun 3, 2019

    Date

    Sold

    CRMLS: OC19044524

    $2,050,000

    Price

  • May 23, 2019

    Date

    Pending

    CRMLS: OC19044524

    $2,195,000

    Price

  • Mar 13, 2019

    Date

    Active

    CRMLS: OC19044524

    $2,195,000

    Price

  • June, 2019

  • Jun 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,050,000

    Price

  • August, 2018

  • Aug 17, 2018

    Date

    Canceled

    CRMLS: OC18020592

    $2,149,000

    Price

  • Jul 23, 2018

    Date

    Price Change

    CRMLS: OC18020592

    $2,149,000

    Price

  • Jul 19, 2018

    Date

    Active

    CRMLS: OC18020592

    $2,195,000

    Price

  • Jul 5, 2018

    Date

    Active Under Contract

    CRMLS: OC18020592

    $2,195,000

    Price

  • Jun 29, 2018

    Date

    Price Change

    CRMLS: OC18020592

    $2,195,000

    Price

  • May 23, 2018

    Date

    Price Change

    CRMLS: OC18020592

    $2,295,000

    Price

  • May 9, 2018

    Date

    Price Change

    CRMLS: OC18020592

    $2,395,000

    Price

  • Mar 7, 2018

    Date

    Price Change

    CRMLS: OC18020592

    $2,495,000

    Price

  • Feb 8, 2018

    Date

    Active

    CRMLS: OC18020592

    $2,595,000

    Price

  • Listing provided courtesy of CRMLS

    REDUCED AND PRICED TO SELL - JUST APPRAISED AT $2,150,000! Well appointed duplex on the Balboa Peninsula with views of the ocean and potential short-term rental use. This home has phenomenal curb appeal and is just 300 feet from the beach and quick walk to the Fun Zone and pier. Upstairs is the perfect "owner occupied" unit with an open floor plan, updated kitchen with pantry, center island, breakfast nook, formal dining room and French doors off the den that open to a fantastic view of the sand and water. With a total of 1,741 SF, this unit offers 3 large bedrooms (including the master suite with dual sink vanity), an additional bathroom, beveled glass dual pane windows that flood the space with natural light, and vaulted ceilings. Downstairs you will find an additional 1,202 SF unit with private entry and patio, consisting of 3 bedrooms and 2 baths, full kitchen, gas appliances and high efficiency windows. Both units are equipped with their own washer/dryer, central AC and ceiling fans throughout. See Supplementals for City of Newport Beach zoning information on short-term rentals. *Upstairs formal dining room was originally a 4th bedroom and can be easily converted back.*

  • January, 2018

  • Jan 4, 2018

    Date

    Expired

    CRMLS: OC17097821

    $2,795,000

    Price

  • Jun 17, 2017

    Date

    Active

    CRMLS: OC17097821

    $2,795,000

    Price

  • Jun 3, 2017

    Date

    Pending

    CRMLS: OC17097821

    $2,795,000

    Price

  • May 5, 2017

    Date

    Active

    CRMLS: OC17097821

    $2,795,000

    Price

  • Listing provided courtesy of CRMLS

    Spacious duplex with views of the ocean and bay! Less than 300-feet from the beach and quick walk to the Pier. Comfortable, open floor plan, dual pane windows, beveled glass, and vaulted ceilings with elegant oak, maple, and cherry accents throughout. Large country kitchen with pantry and breakfast nook overlooking the bay and ocean. Central A/C, ceiling fans, custom brick patio, and wide, 2 car garage. All this, plus a separate 3 bed, 2 bath below! featuring its own private entry, full kitchen, laundry, gas appliances, A/C, furnace, and high efficiency windows.

  • July, 1999

  • Jul 19, 1999

    Date

    Sold (Public Records)

    Public Records

    $512,500

    Price

Show More

Tax History for 218 E Balboa Blvd

Assessed Value (2020): $698,387
Year Land Value Improved Value Assessed Value
2020 $544,742 $153,645 $698,387

Home Value Compared to the Market

This property vs the competition

218 E Balboa Blvd sold on June 3, 2019 for 16.41% lower than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $779.47 per/sqft which puts the price per square foot 27.36% lower than the current median sale per square foot for the city of Newport Beach.

About 218 E Balboa Blvd

Detailed summary of property

218 E Balboa Blvd is a duplex that recently sold in Newport Beach, CA 92661. This duplex offered 7 bedrooms, 4 bathrooms, roughly 2,816 living square feet, and sits on an approximately 2,614 square foot lot. 218 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,050,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 16.41% lower than the current median priced home. Local homes that are currently for sale include 1214 California St, 205 19th St and 201 19th St. While the average home in Newport Beach, CA is selling in 75 days, 218 E Balboa Blvd has a days on market of 71 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. For more information on this home for sale at 218 E 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 218 E Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1972
Sq. Ft.
1,408
Lot Size
3,039
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
10
APN
048-091-19

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
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
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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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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