615 E Balboa, Newport Beach, CA 92661
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615 E Balboa Newport Beach, CA 92661

$2,150,000
  • 3 Beds
  • 3 Baths
  • 1,400 Sq.Ft.
For Sale
$2,150,000 Get Pre-Qualified

Map preview of 615 E Balboa, Newport Beach, CA 92661

Property Overview: 615 E Balboa Newport Beach, CA has 3 bedrooms, 3 bathrooms, 1,400 living square feet and 2,000 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: Exquisite Balboa Village Beach House! Short-Term Rental Permit Included! Own a piece of paradise in the heart of Balboa Village! This beautifully remodeled three bedroom, three bathroom home boasts a highly sought-after short-term rental permit, offering investment potential and an unparalleled lifestyle. Moments from the ocean and across from the world-famous Fun Zone, this charming home is ideally situated for enjoying all Balboa Village has to offer. Take the ferry to Balboa Island, swim in the ocean, or simply relax and soak up the sunshine—everything is at your fingertips. Fully renovated in 2022 and meticulously maintained, the property is move-in ready and comes with everything you need, including bikes, boogie boards, and the California sunshine. Don't miss this rare opportunity. SHORT TERM RENTAL PERMITS are highly coveted in Newport Beach with a reported waiting list. This home presents an exceptional investment opportunity, allowing you to share your slice of paradise with others.

Listed by Ronnie Cancellieri | BRE #01823391 | Surterre Properties Inc.
Last checked: 8 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 48
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Home details

Lot Sq. Ft
2,000
HOA Dues
$0/mo
Year built
1989
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
NP24049755
City
Newport Beach
County
Orange
Time on Site
48 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Open Houses for 615 E Balboa

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Property Details for 615 E Balboa

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Fireplace(s), Forced Air
Laundry Information
  • Has Laundry
  • Inside, Stackable
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Interior Features
  • Balcony, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters
  • Levels: One
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 Size Source: Estimated
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Harbor, Marina, Ocean, Peek-A-Boo
  • Common Walls: 1 Common Wall
  • Total # of Units: 1
  • Parcel Number: 93216034
  • Year Built Source: Estimated
  • Entry Level: 2
  • Property is Attached
  • Offered With Property: Art, furnishings. Bikes, boogie boards, beach chairs, washer, dryer, refrigerator
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Other
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 615 E Balboa

View property's historical transactions
  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: NP24049755

    $2,150,000

    Price

Tax History for 615 E Balboa

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

615 E Balboa is listed 49.94% lower than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $1535.71 per/sqft which puts the price per square foot 1.97% higher than the median price per square foot for the city of Newport Beach.

About 615 E Balboa

Detailed summary of property

615 E Balboa is a condominium located in Newport Beach, CA 92661 and is currently for sale. This condo offers 3 bedrooms, 3 bathrooms, roughly 1,400 living square feet, and sits on an approximately 2,000 square foot lot. 615 E Balboa was first listed on ArdentRealEstateGroup.com on March 12, 2024. The homeowner is currently asking $2,150,000. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 49.94% lower than the median priced home. Local competing homes currently for sale include 304 Flower St, 304 Flower St and 61 Sea Island Dr. While the average home in Newport Beach, CA is selling in 72 days, 615 E Balboa has a days on market of 48 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 615 E Balboa 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 615 E Balboa

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$6,595,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
44
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 615 E Balboa

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.