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

$2,699,000
  • 0 Beds
  • 9 Baths
  • 2,850 Sq.Ft.
For Sale
$2,699,000 Get Pre-Qualified
Map preview of 611 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 611 E Balboa Blvd Newport Beach, CA has -- bedrooms, 9 bathrooms, 2,850 living square feet and 7,000 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: Introducing an exceptional commercial opportunity in Newport Beach's vibrant Balboa Village, this property boasts three distinct retail spaces accompanied by a total of 10 garage spaces. Situated in proximity to the renowned Fun Zone, Balboa Pier, Catalina Flyer, and Balboa Island Ferry, it offers unparalleled visibility and foot traffic from locals and tourists alike. Unit 611 E Balboa Blvd has a 2 gar garage, 613 and 615 E Balboa Blvd include a 4 car garage. Don't miss out on establishing your business in one of Orange County most prestigious coastal communities. The residential units are not included in the sale.

Listed by Orlando Clarizio | BRE #01944646 | White Sail Realty
Co-listed by Julia Morton | BRE #02016387 | White Sail Realty
Last checked: 3 minutes ago | Last updated: August 21st, 2024 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Active
MLS#
NP24109931
City
Newport Beach
County
Orange
Time on Site
60 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 3
  • Total Rent: --
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: --

Open Houses for 611 E Balboa Blvd

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Property Details for 611 E Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Has Fence
  • Excellent Condition, Privacy, Security, Wood
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Near Public Transit, Park Nearby, Walkstreet
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 93216031
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Natural Gas Available, Phone Available, Phone Connected, See Remarks, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: South on Balboa blvd
View more facts & features

Local Newport Beach Agent

Sale History for 611 E Balboa Blvd

Last sold on July 9th, 2002

  • July, 2024

  • Jul 21, 2024

    Date

    Active

    CRMLS: NP24109931

    $2,699,000

    Price

  • April, 2020

  • Apr 17, 2020

    Date

    Canceled

    CRMLS: NP19241834

    $2,900

    Price

  • Oct 12, 2019

    Date

    Active

    CRMLS: NP19241834

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    A spacious and well located office or retail opportunity in Balboa Village area of the Balboa Peninsula in Newport Beach. North-facing unit directly faces East Balboa Boulevard, with large windows and immediate boulevard access. Interior bathroom. Large 4 car parking in attached garage with room for storage. Public parking on street in front of unit as well as multiple parking lots nearby with several hundred spaces available. View of the Ferris Wheel and Fun Zone. Close to the Balboa Island Ferry, Balboa Pier, and Main Street. Residential condos above so no establishments with excessive noise or smell would be compatible. NNN Lease. Inquire for TIs and terms.

  • April, 2020

  • Apr 17, 2020

    Date

    Canceled

    CRMLS: NP19250549

    $2,500,000

    Price

  • Oct 30, 2019

    Date

    Active

    CRMLS: NP19250549

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    This 3 unit commercial property is an exciting opportunity for someone who values low maintenance properties with incredible rental income potential. Along its prime location near the beach and the Fun Zone, it gets a tremendous amount of foot traffic from tourist. There is no shortage of parking as well. Unit 611 E Balboa Blvd has a 2 gar garage, 613 and 615 E Balboa Blvd include a 4 car garage. The property does not include the second floor residential condos and is a no CAM charge. this is a lower 3 commercial spaces only, does not include the second floor residential condos. 611 E Balboa Blvd is approx 983 square feet with 4 car parking in attached garage 613 E Balboa Blvd is approx 983 square feet with 4 car parking in attached garage 615 E Balboa Blvd is approx 477 square feet with 2 car parking in attached garage 2443 approx total RSF

  • July, 2002

  • Jul 9, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 611 E Balboa Blvd

Assessed Value (2020): $949,847
Year Land Value Improved Value Assessed Value
2020 $769,376 $180,471 $949,847

Home Value Compared to the Market

This property vs the competition

611 E Balboa Blvd is listed 38.36% lower than the median list price for the city of Newport Beach which has a median list price of $4,379,000. The median price per/sqft for Newport Beach is $1,539 and this home is listed at $947.02 per/sqft which puts the price per square foot 38.47% lower than the median price per square foot for the city of Newport Beach.

About 611 E Balboa Blvd

Detailed summary of property

611 E Balboa Blvd is a retail located in Newport Beach, CA 92661 and is currently for sale. This retail property offers -- bedrooms, 9 bathrooms, roughly 2,850 living square feet, and sits on an approximately 7,000 square foot lot. 611 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on July 18, 2024. The homeowner is currently asking $2,699,000. The median priced home in Newport Beach is $4,379,000 with a median price per square foot of $1,539. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 38.36% lower than the median priced home. Local competing homes currently for sale include 4136-4138 Eagle Rock Blvd, 3975 Mission Inn Ave and 204 E Highland Ave. While the average home in Newport Beach, CA is selling in 94 days, 611 E Balboa Blvd has a days on market of 55 days. There are currently 269 homes for sale in the Newport Beach real estate market and 200 of them are single family homes while 55 of them are condos and 14 are townhomes. For more information on this home for sale at 611 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 611 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
932-160-31

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
$6,975,000
Median List Price/Sq.Ft.
$2,293
Median Sold Price
$3,400,000
Median Sold Price/Sq.Ft.
$1,656
Total Inventory
40
Median Sale to List Price %
85.11%
Avg Days on Market
50
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Recently Sold Homes Near 611 E Balboa Blvd

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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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