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

$21,000
  • 3 Beds
  • 2 Baths
  • 1,500 Sq.Ft.
For Lease
$21,000 Get Pre-Qualified

Map preview of 500 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 500 E Balboa Blvd Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,500 living square feet and -- 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: *FURNISHED EXTENDED STAY 30+ NIGHTS* This stunning property offers the epitome of coastal luxury living with an array of modern amenities with ocean and bay views. This three (3) bedroom, two (2) bathroom condominium features a contemporary design and boasts a range of high-end features. As you enter, you will be greeted by the convenience of smart home technology. Built-in speakers throughout the home allow you to enjoy your favorite music or podcasts in every room! For added security, the property comes with an alarm system, providing peace of mind. The kitchen is outfitted with Bertazzoni appliances that blend style and functionality seamlessly. Whether you are preparing meals for yourself or entertaining guests, these appliances elevate the culinary experience. The highlight of this property is the private rooftop deck, offering views of the ocean and bay. Complete with a barbecue grill, it is the perfect spot for outdoor entertaining and enjoying spectacular Southern California sunsets. The home includes a spacious two (2) car tandem garage equipped with EV charging, split unit air-conditioning and heating units and private full-size washer and dryer. Located in Newport Beach, one of Southern California's most prestigious coastal communities, this property offers a unique opportunity to experience luxurious seaside living at its finest. Don't miss your chance to make this stunning residence home for the short or long term!

Listed by Julia Morton | BRE #02016387 | White Sail Realty
Co-listed by Orlando Clarizio | BRE #01944646 | White Sail Realty
Last checked: 15 minutes ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
2022
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
NP24074402
City
Newport Beach
County
Orange
Time on Site
20 days

Open Houses for 500 E Balboa Blvd

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Property Details for 500 E Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Laminate
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Balcony, Furnished, Living Room Balcony
  • Levels: Two
  • Security Features: Security System
Exterior Features
Exterior Information
  • Barbecue Private
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned
  • No Attached Garage
Property Information
  • Has View
  • View: Bay, Ocean, Peek-A-Boo
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 1
  • Parcel Number: 93652048
  • Year Built Source: Estimated
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: E Balboa Blvd and Adams at Balboa Village Arch
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 500 E Balboa Blvd

Last sold for $1,500,000 on February 17th, 2017
  • April, 2024

  • Apr 15, 2024

    Date

    Active

    CRMLS: NP24074402

    $21,000

    Price

  • April, 2021

  • Apr 16, 2021

    Date

    Active

    CRMLS: NP21055349

    $9,200,000

    Price

  • Listing provided courtesy of CRMLS

    Rare opportunity to own a newly constructed three unit complex (2 condos and 1 live/work space) in the heart of Balboa Village. Each unit features three bedrooms and two bathrooms, luxury high-end appliances in kitchen, dining and living room with floor to ceiling windows. Highlights include rooftop decks, 8 on-site parking spaces, and plenty of space to entertain indoors and outdoors. Speciality features of the live work space is the bay and ocean views from the rooftop deck and patios, one condo has an enclosed back patio and the other condo has a bonus entertainment room with sink, wine fridge and custom bar area. This striking building is located within walking distance to the beach, bay, Balboa ferry and fun zone as well as local shops and eateries. Too many features to list, completion June 2021.

  • February, 2017

  • Feb 17, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • June, 2003

  • Jun 27, 2003

    Date

    Sold (Public Records)

    Public Records

    $705,000

    Price

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Tax History for 500 E Balboa Blvd

Assessed Value (2020): $1,560,600
Year Land Value Improved Value Assessed Value
2020 $1,466,964 $93,636 $1,560,600

Home Value Compared to the Market

This property vs the competition

500 E 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 $4,298,800. The median price per/sqft for Newport Beach is $1,509. 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 $859,760 for the down payment and will need roughly $85,976 for closing costs on top of the down payment.

About 500 E Balboa Blvd

Detailed summary of property

500 E Balboa Blvd is a condominium for lease located in Newport Beach, CA 92661. This condo offers 3 bedrooms, 2 bathrooms, roughly 1,500 living square feet, and sits on an approximately -- square foot lot. 500 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on April 15, 2024. The homeowner is currently asking $21,000. Local homes that are currently for sale include 114 E Oceanfront, 1003 E Balboa Blvd and 129 Topaz Ave. While the average home in Newport Beach, CA is selling in 73 days, 500 E Balboa Blvd has a days on market of 16 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for lease at 500 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 500 E Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1972
Sq. Ft.
1,188
Lot Size
4,729
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Orange
Lot#
11
APN
048-115-07

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.
$2,183
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 500 E 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.