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

$3,000 Leased Price as of 08/31/2021
  • -- Beds
  • -- Baths
  • 2,900 Sq.Ft.
Leased
$3,000 Leased Price as of 08/31/2021 Refinance Your Mortgage

Map preview of 702 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 702 E Balboa Blvd Newport Beach, CA has -- bedrooms, -- bathrooms, 2,900 living square feet and 2,959 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OPPORTUNITY KNOCKS for CORNER LOCATION ON BALBOA PENINSULA! Coffee Shop, High Visibility Retail! Charming corner office retail location in the scenic and historic Balboa Village, home of the world famous Newport Beach Fun Zone. Best visibility in the village and great walk by traffic. Nestled between the beach and the bay, this location would be perfect for small retail, coffee, or office. Approximately 800 sq feet. including 2nd floor storage mezzanine. Located on Balboa Boulevard and Washington Street. Able to expand into the adjacent approx. 425 sqft. at 702 E Balboa. Highly visible signage on rooftop. 1 Bathroom. No private parking, several hundred parking spaces within 3 block radius. Proportional taxes & Insurance. Tenant pays utilities.

Listed by Alex Batley | BRE #01897014 | Balboa Realty
Co-listed by Arthur Dorr | BRE #01899740 | Balboa Realty
Last checked: 12 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 139

Home details

Lot Sq. Ft
2,959
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Leased
MLS#
NP21077948
City
Newport Beach
County
Orange
Time on Site
1050 days

Property Details for 702 E Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Exterior Features
Exterior Information
  • Roof: Spanish Tile
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Zero Lot Line
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 04813403
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From PCH head E towards the end of the peninsula. Property is past Palm on left hand side.
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Sale History for 702 E Balboa Blvd

Last leased for $3,000 on August 31st, 2021
  • August, 2021

  • Aug 31, 2021

    Date

    Leased

    CRMLS: NP21077948

    $3,000

    Price

  • May 27, 2021

    Date

    Price Change

    CRMLS: NP21077948

    $3,400

    Price

  • Apr 15, 2021

    Date

    Active

    CRMLS: NP21077948

    $3,800

    Price

  • March, 2021

  • Mar 30, 2021

    Date

    Canceled

    CRMLS: NP21005996

    --

    Price

  • Jan 18, 2021

    Date

    Active

    CRMLS: NP21005996

    --

    Price

  • Listing provided courtesy of CRMLS

    Charming corner office retail location in the scenic and historic Balboa Village, home of the world famous Newport Beach Fun Zone. Monthly rent is $4000 a rent plus NNN. Approximately 800 sq feet. - Located in the center intersection of Balboa Village -Highly visible signage on rooftop - 1 Bathroom - Heating - Upstairs storage - No private parking, several hundred parking spaces within 3 block radius

  • January, 1982

  • Jan 27, 1982

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 702 E Balboa Blvd

Assessed Value (2020): $268,731
Year Land Value Improved Value Assessed Value
2020 $120,929 $147,802 $268,731

Home Value Compared to the Market

This property vs the competition

702 E Balboa Blvd has recently been leased 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 $4,495,000. The median price per/sqft for Newport Beach is $1,507. 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 $899,000 for the down payment and will need roughly $89,900 for closing costs on top of the down payment.

About 702 E Balboa Blvd

Detailed summary of property

702 E Balboa Blvd is a retail that was recently leased in Newport Beach, CA 92661. This retail property offered -- bedrooms, -- bathrooms, roughly 2,900 living square feet, and sits on an approximately 2,959 square foot lot. 702 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner leased the property for $3,000. While the average home in Newport Beach, CA is selling in 78 days, 702 E Balboa Blvd has a days on market of 139 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. Local homes that are currently for sale include 200 E Balboa Blvd, 130 E Balboa Blvd and 1123 E Balboa Blvd. For more information on this home for lease at 702 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 702 E Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1912
Sq. Ft.
2,937
Lot Size
2,899
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Orange
Lot#
11
APN
048-134-03

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.
$2,243
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$1,236
Total Inventory
45
Median Sale to List Price %
100.77%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Related Resources to 702 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.