1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
1007 E Balboa Boulevard
VIEW PHOTOS
$12,995,000

1007 E Balboa Boulevard

4,704 Sq.Ft.

Description

A remarkable opportunity to own 10 Units on the Oceanfront of the Balboa Peninsula with 7 Irreplaceable STR's (SHORT TERM RENTAL PERMITS)! This is a dream deal w/ a monster cap rate and a whopping $640,000 NET income in 2023! Located almost perfectly right next to Balboa Pier, Balboa Fun Zone, Balboa Ferry, Market & Deli, Shopping, Restaurants, Arcades, and More. Each unit is remodeled and ready to be rented immediately. 4 of the Units are directly facing the oceanfront with spectacular panoramic views, including the Pier. Priced to sell and motivated deal. APN 048-146-04 (additional 1,519 sqft parcel on sand/beach) also included.

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Location

1007 E Balboa Boulevard, Newport Beach, CA 92661

Status

For Sale
Regan Beegle

Regan Beegle

TITLE

President/Broker

Newport Beach

Property Amenities

Interior
Laundry room Common Area, Inside, Laundry Room
Fireplace None
Appliances Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator
Other Interior Features Bedroom on Main Level
Area & Lot
Lot Area 3,600 Sq.Ft.
Living area 4,704 Sq.Ft.
MLS® ID NP24109926
Year Built 1909
Water Frontage ['Beach Access', 'Beach Front', 'Ocean Access', 'Ocean Front']
View Description Catalina,Coastline,Ocean,Panoramic
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Space Heater
Water Source Public
Sewer Public Sewer
Parking Driveway
Lot Features Street Level
Finance
Sales Price $12,995,000
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 1007 E Balboa Boulevard, Newport Beach, CA 92661. We are reviewing your request and will be in touch shortly!

Let’s Talk

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