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

$1,100,000 Sold Price as of 12/28/2020
  • -- Beds
  • -- Baths
  • 1,700 Sq.Ft.
Sold
$1,100,000 Sold Price as of 12/28/2020 Refinance Your Mortgage
Map preview of 607 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 607 E Balboa Blvd Newport Beach, CA has -- bedrooms, -- bathrooms, 1,700 living square feet and 2,705 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A jewel property located in Balboa Village at the Balboa Pier. This beautiful and updated office/retail location located is the lower unit commercial store front only - the residential condo above is a separate owner. Laminate hardwood flooring, built in kitchenette, inside restroom, plenty of windows for sunlight and with an attached four car garage with one more parking space behind garage in alley is allowed. Two parking spaces on street directly in front of the property as well as large parking area across the street. View of the Ferris Wheel and sail boats from inside the property plus North facing for year-round indirect sunlight. A secured private courtyard is well tropical landscaped tropical separating the property from the four-car garage. This courtyard allows for a lunches or meeting area. Stay cool with a newer HVAC system (just three years old) in the summer months and warm in the cooler months. It is just a few short feet to Newport bay, sandy beaches, the Balboa Island Ferry, active Fun Zone, the Balboa Pier, and historic Main Street. Location is ideal for an office or retail location as there is no better place to call your office. Current tenant is vacating on October 31st, 2020.

Listed by Marcel Ford | BRE #01064293 | Old Newport Realty
Co-listed by Damon Burris | BRE #01470087 | Classic Realty of California
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 129

Home details

Lot Sq. Ft
2,705
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Retail
Status
Sold
MLS#
NP20149769
City
Newport Beach
County
Orange
Time on Site
1379 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 607 E Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Electric
Laundry Information
  • None
Interior Features
  • Security Features: Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Spanish Tile
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Total # of Units: 4
  • Parcel Number: 93216035
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Newport Blvd. to Balboa Blvd. past Palm Street then on Right in Balboa Village
View more facts & features

Local Newport Beach Agent

Sale History for 607 E Balboa Blvd

Last sold for $1,100,000 on December 28th, 2020

  • January, 2021

  • Jan 29, 2021

    Date

    Sold

    CRMLS: NP20149769

    $1,100,000

    Price

  • Dec 3, 2020

    Date

    Active Under Contract

    CRMLS: NP20149769

    $1,100,000

    Price

  • Jul 28, 2020

    Date

    Active

    CRMLS: NP20149769

    $1,100,000

    Price

  • February, 2020

  • Feb 25, 2020

    Date

    Canceled

    CRMLS: NP19284642

    $995,000

    Price

  • Feb 15, 2020

    Date

    Active

    CRMLS: NP19284642

    $995,000

    Price

  • Feb 14, 2020

    Date

    Hold

    CRMLS: NP19284642

    $995,000

    Price

  • Feb 6, 2020

    Date

    Price Change

    CRMLS: NP19284642

    $995,000

    Price

  • Dec 22, 2019

    Date

    Active

    CRMLS: NP19284642

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Seller financing or Lease/Option opportunity for a beautiful and updated office or retail location located in Balboa Village's Fun Zone. This is the lower unit commercial store front only - the residential condo above is a separate owner. Laminate hardwood flooring, built in kitchenette, inside restroom, plenty of windows for sunlight and with an attached four car garage with one more parking space in alley. Rare public parking on street directly in front as well as large parking area across the street. View of the Ferris Wheel from inside plus North facing to avoid direct sun. A secured, landscaped tropical courtyard separates you from the garage and allows for a nice lunch break area or casual meeting area. Stay cool with new HVAC system to keep you cool in the summer and warm in the winters. Just a few feet to the bay, beach, Balboa Island Ferry, Fun Zone, Balboa Pier and Main Street. Location is ideal for an office or retail. Enjoy some fun in the sun while working.

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: NP19198498

    $3,250

    Price

  • Sep 23, 2019

    Date

    Price Change

    CRMLS: NP19198498

    $3,250

    Price

  • Aug 26, 2019

    Date

    Price Change

    CRMLS: NP19198498

    $3,500

    Price

  • Aug 20, 2019

    Date

    Price Change

    CRMLS: NP19198498

    $3,250

    Price

  • Aug 19, 2019

    Date

    Active

    CRMLS: NP19198498

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    A beautiful and updated office or retail location located in Balboa Village's Fun Zone. Laminate hardwood flooring, built in kitchenette, inside restroom, plenty of windows for sunlight and with an attached four car garage. Public parking on street in front of unit as well as directly across the street. View of the Ferris Wheel from inside plus North facing to avoid direct sun. A secured, landscaped tropical courtyard separates you from the garage and allows for a nice lunch break area or casual meeting area. Stay cool with new HVAC system to keep you cool in the summer and warm in the winters. Close to the Auto Ferry, Fun Zone, Balboa Pier and Main Street. Location is ideal for an office or retail - no food establishments. Enjoy some fun in the sun while working. Lease is gross so landlord pays for property taxes, insurance, and exterior building repairs.

  • July, 2018

  • Jul 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $535,000

    Price

  • November, 2011

  • Nov 28, 2011

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

Show More

Tax History for 607 E Balboa Blvd

Assessed Value (2020): $529,412
Year Land Value Improved Value Assessed Value
2020 $360,000 $169,412 $529,412

Home Value Compared to the Market

This property vs the competition

607 E Balboa Blvd sold on December 28, 2020 for 70.27% 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 $647.06 per/sqft which puts the price per square foot 52.42% lower than the current median sale per square foot for the city of Newport Beach.

About 607 E Balboa Blvd

Detailed summary of property

607 E Balboa Blvd is a retail that recently sold in Newport Beach, CA 92661. This retail property offered -- bedrooms, -- bathrooms, roughly 1,700 living square feet, and sits on an approximately 2,705 square foot lot. 607 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on July 28, 2020. The homeowner sold the property for $1,100,000. 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 70.27% lower than the current median priced home. Local homes that are currently for sale include 921 Crocker St #10, 921 Crocker St #16 and 921 Crocker St #18. While the average home in Newport Beach, CA is selling in 73 days, 607 E Balboa Blvd has a days on market of 129 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 sale at 607 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 607 E Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
932-160-35

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%)

Thinking of Selling?

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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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