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2713 W Balboa Blvd, Newport Beach, CA 92663
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2713 W Balboa Blvd Newport Beach, CA 92663

$3,400,000 Sold Price as of 05/17/2022
  • 5 Beds
  • 5 Baths
  • 2,210 Sq.Ft.
Sold
$3,400,000 Sold Price as of 05/17/2022 Refinance Your Mortgage
Map preview of 2713 W Balboa Blvd, Newport Beach, CA 92663

Property Overview: 2713 W Balboa Blvd Newport Beach, CA has 5 bedrooms, 5 bathrooms, 2,210 living square feet and 2,178 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful, newly-remodeled duplex located on beach side of Balboa Blvd., just one block from the beach! Renovated from the inside-out, this gorgeous duplex oozes rental income potential. This charming yet modern Newport Beach duplex features a spacious lower two-bedroom, two-bathroom unit - as well as a three-bedroom, two-bathroom upper unit with peek-a-boo views of white sandy beaches and the Pacific Ocean. The upper unit feature in-home, side-by-side laundry the lower unit features in-home stackable laundry, as well as luxury vinyl plank flooring, gorgeous quartz countertops as well as stainless steel kitchen appliances, a mosaic tile backsplash and brand new white cabinetry. Bright oversized windows bring the glorious Southern California sunshine in, and renters will love the convenience of the two-car garage. The upper unit boasts quaint architectural features including a dutch door entry and a stunning vaulted wood ceiling. This is your chance to own property in the famous harborside community of Balboa Island, with shopping, eclectic dining and a world-famous boardwalk just moments away.

Listed by Nancy Cloward | BRE #01149171 | Surterre Properties Inc
Last checked: 14 minutes ago | Last updated: May 18th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
2,178
HOA Dues
$0/mo
Year built
1971
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22048668
City
Newport Beach
County
Orange
Time on Site
791 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $42,000
  • Pro Forma/Market Rent: $42,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,495
  • Total Rent: $65,940
  • Pro Forma/Market Rent: $65,940
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,940
  • Net Operating Income: $107,012
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $928
  • Trash: $0
  • Gardener: $210
  • Insurance: $0
  • Water/Sewer: $718

Property Details for 2713 W Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Interior Features
  • Balcony, Beamed Ceilings, Open Floorplan
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
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
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04709232
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: W. Balboa to 28th Street
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 2713 W Balboa Blvd

Last sold for $3,400,000 on May 17th, 2022

  • April, 2022

  • Apr 5, 2022

    Date

    Pending

    CRMLS: OC22048668

    $3,500,000

    Price

  • Mar 12, 2022

    Date

    Active

    CRMLS: OC22048668

    $3,500,000

    Price

  • February, 2018

  • Feb 15, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2713 W Balboa Blvd

Assessed Value (2020): $187,971
Year Land Value Improved Value Assessed Value
2020 $103,384 $84,587 $187,971

Home Value Compared to the Market

This property vs the competition

2713 W Balboa Blvd sold on May 17, 2022 for 5.41% 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 $1583.71 per/sqft which puts the price per square foot 16.45% higher than the current median sale per square foot for the city of Newport Beach.

About 2713 W Balboa Blvd

Detailed summary of property

2713 W Balboa Blvd is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 5 bedrooms, 5 bathrooms, roughly 2,210 living square feet, and sits on an approximately 2,178 square foot lot. 2713 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on March 12, 2022. The homeowner sold the property for $3,400,000. 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 5.41% lower than the current median priced home. Local homes that are currently for sale include 206 Chicago Ave, 16172 Malaga Ln and 276 Chiquita St. While the average home in Newport Beach, CA is selling in 73 days, 2713 W Balboa Blvd has a days on market of 8 days. There are currently 283 homes for sale in the Newport Beach real estate market and 213 of them are single family homes while 58 of them are condos and 12 are townhomes. For more information on this home for sale at 2713 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 2713 W Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
2,210
Lot Size
2,327
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
047-092-32

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
$4,395,000
Median List Price/Sq.Ft.
$1,557
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
91
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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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