2711 W Balboa Blvd Newport Beach, CA 92663

• September, 2023

• Sep 26, 2023

  Date

  Active

  CRMLS: NP23179029

  $3,649,000

  Price

• April, 2023

• Apr 8, 2023

  Date

  Expired

  CRMLS: TR22218561

  $3,680,000

  Price

• Oct 8, 2022

  Date

  Active

  CRMLS: TR22218561

  $3,680,000

  Price

• Listing provided courtesy of CRMLS

  Vacation rental duplex ready with two short-term rental permits of the City of Newport Beach (Short-term rental permits are very limited and no additions in near future). This modern beautiful duplex located in the heart of the picturesque Balboa Peninsula, ten homes from the beach within the famed one block from the sparkling sand and sea. It comprises of two fully furnished units spanning 2474 Sq/Ft., and has been remodeled and re-piped in 2021. Unit A is a spectacular, open-floor 2 bedroom, 2 bathroom with an array of upgrades and exceptional materials including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinet, designer subway tile backsplashes, and newer quartz countertops. Unit B is a remarkable, refined and upgraded with 3 bedroom, 2 bathroom, spacious dining area, and balcony with a BBQ servicing the opulent living room. Additional features include Dutch entry doors, custom designer tiles, luxury vinyl plank flooring throughout both units and 2 car garage. This is your chance to own property in the famous harborside community of Balboa Peninsula, with shopping, world-class dining and a world-famous boardwalk just moments away. The property has stellar established gross rental history, with gross income at approximately $195,000. This property provides tremendous opportunity for stable and steady income and existing reservations are already in place through Summer 2023.

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• June, 2021

• Jun 3, 2021

  Date

  Sold

  CRMLS: NP21094610

  $2,535,000

  Price

• Jun 3, 2021

  Date

  Pending

  CRMLS: NP21094610

  $2,495,000

  Price

• May 17, 2021

  Date

  Active Under Contract

  CRMLS: NP21094610

  $2,495,000

  Price

• May 5, 2021

  Date

  Active

  CRMLS: NP21094610

  $2,495,000

  Price

• Listing provided courtesy of CRMLS

  Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located ten homes from the beach within the famed 100 block, just moments from Newport Beach's sparkling sand and sea, this premiere parcel is an idyllic compound for significant income opportunity or a personal beachside getaway. Comprised of two fully furnished units spanning approximately 2,474 square feet, the property has been remodeled and re-piped in 2020. Introduced by private staircase, Unit B is a remarkable and refined residence encompassing three bedrooms, two bathrooms, spacious dinning area, and balcony with a BBQ servicing the opulent living room. Among the unit's decorative flourishes are dramatic tongue and grove vaulted ceilings, multiple skylights filling the interiors with an abundance of natural light, Dutch entry doors, custom designer tiles, and luxury vinyl plank flooring throughout both units. On the ground-level, Unit A is a spectacular, open-plan two-bedroom, two-bathroom abode finished with an array of upgrades and exceptional materials including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinetry, designer subway tile backsplashes, and newer countertops. 2711 W Balboa is equipped with two short-term rental permits, achieving a cap rate of approximately 3.5% with great upside potential. Near famous beaches, world-class dining, and Fashion Island Shopping center, this offering provides tremendous opportunity for stable and steady income and existing reservations are already in place through Summer 2021.

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• December, 2013

• Dec 11, 2013

  Date

  Sold (Public Records)

  Public Records

  $1,200,000

  Price

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