$2,475,000
$2,700,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,546 SqFt
SOLD DATE : 05/01/2023
Key Details
Sold Price $2,475,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,546 sqft
Price per Sqft $1,600
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID PW22222474
Sold Date 05/01/23
Bedrooms 4
Full Baths 4
Construction Status Turnkey
HOA Y/N No
Year Built 1923
Lot Size 2,613 Sqft
Lot Dimensions Assessor
Property Description
The Balboa Island opportunity you have been waiting for is here! Located on a lot zoned for commercial/residential, this modern duplex sits on only half the lot. SO much potential! Each level has two bedrooms and two full bathrooms with quartz countertops and double sinks, step in showers, upgraded doors, modern finishes and all appliances included. The upstairs unit has a small private balcony off the kitchen. This duplex has energy efficient lighting, plumbing, two tankless hot water heaters, two ring doorbells, owned solar panels and off street parking. There is also an adjacent parking spot behind the duplex, off the alley. Both units share an on-site washer & dyer and there is a shed and under-stairs storage for bikes, beach gear and surfboards. It would make a wonderful (and lucrative) rental property or perfect spot to live and build your own business for the residents of this little island community. Balboa Island hosts parades, festivals, garage sales, parties and community events year round. Your new home is located six units from the sand and on the street of the ferry for convenient access. Come live where others vacation or get paid when they do! Welcome Home Indeed.
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Zoning R2
Rooms
Other Rooms Shed(s)
Main Level Bedrooms 2
Interior
Interior Features Breakfast Bar, Balcony, Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
Heating Wall Furnace
Cooling None
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
Laundry Laundry Closet, Laundry Room, Stacked
Exterior
Exterior Feature Lighting, Rain Gutters
Garage Driveway, Off Street, Oversized, Shared Driveway, Tandem, Uncovered
Fence None
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Marina
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Across the Road from Lake/Ocean,Across the Road Water Frontage,Beach Access,Ocean Access,Ocean Side Of Highway,Seawall
View Y/N No
View None
Roof Type Flat
Accessibility No Stairs, Parking, Accessible Doors
Porch Rear Porch
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Paved, Rectangular Lot, Street Level, Value In Land
Faces Northwest
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Two
Additional Building Shed(s)
New Construction No
Construction Status Turnkey
Schools
Elementary Schools Abraham Lincoln
Middle Schools Horace Ensign
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05005226
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Richie Dobbs • Re/Max First Class
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner