$1,450,000
$1,575,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
3603 W Balboa BLVD Newport Beach, CA 92663
2,221 Sqft Lot
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LG13249763
Sold Date 08/22/14
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1975
Tax Year 2012
Lot Size 2,221 Sqft
Property Description
This highly upgraded property is located 1 block from one of the best surfing spots in Newport! OCEAN SIDE OF BALBOA BLVD! Continually rented for 10 years straight with no vacancy. Virtually maintenance free due to complete remodel including new dual pane windows, new kitchens and bathrooms, new HardieBacker Cement Board siding and insulation, new water heaters, new HVAC heating and RO filtered water, plumbing, electrical, new travertine and wood flooring, and new paint on interior and exterior walls. Refrigerator, microwave, range, dishwasher and disposal in both units. Great cash flow! Tenants can walk down 36th Street to see the waves break on the jetty, or walk up to 38th Street Park to play pick-up basketball. Close to restaurants, shopping and a movie theatre. Both units have living rooms, dining areas and cozy fireplaces. Nice front enclosed patios with views of Balboa Park - front row seating for annual 4th of July festivities. On-site washer and dryer provided for each unit. Also listed in Residential.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Forced Air, High Efficiency
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Dryer, Washer
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights
Utilities Available Sewer Available
Waterfront Description Ocean Side Of Freeway
View Y/N Yes
View Park/Greenbelt
Total Parking Spaces 3
Private Pool No
Building
Story Two
Entry Level Two
Water Public
Architectural Style Patio Home
Level or Stories Two
Construction Status Updated/Remodeled
Others
Tax ID 42333107
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Tim Smith • Coldwell Banker Previews Inte