$1,850,000
$1,699,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
2,509 Sqft Lot
SOLD DATE : 10/18/2021
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC21162497
Sold Date 10/18/21
HOA Y/N No
Year Built 1948
Lot Size 2,509 Sqft
Property Description
Fantastic triplex investment opportunity located on the Balboa Peninsula, steps to the sand. Comprised of three one bedroom one bath units plus a three car garage on a corner lot. Close to world class beaches, popular restaurants and shopping. Property will be sold in "AS IS' condition.
Buyer is advised to meet with the City of Newport Beach Planning and Building Departments to discuss any future improvements and/or possible development of the property prior to submitting an offer. The property is considered a non conforming triplex on a R-2 lot. Per the City, no new single family home nor condo will be permitted to be built. SHOWING WITH ACCEPTED OFFER ONLY! Please do not disturb the residents.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 04721108
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Felipe Alvarez • Vylla Home, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "