Address: |
view address Newport Beach, CA 92663 Map Location |
Features: | Air Conditioning, Balcony, Forced Air, Multi-level |
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Square Feet: | 2,474 sq.ft. | Lot Size: | 2178.0 |
Year Built: | 1972 | Views: | Neighborhood |
Property Type: | Duplex | Neighborhood: | Lido Peninsula (LIPN) |
County: | Orange | List Date: | 2023-09-25 |
Listing Number: | NP23179029 | Listing Office: | 949-500-8684 |
Virtual Tour: | Click Here | Days on market: | 232 |
Discover authentic coastal living in the heart of the picturesque Balboa Peninsula. Located a mere ten homes away from the beach within the famed 100 block, and moments from Newport Beach's radiant sands and shimmering sea, this premier parcel epitomizes flexibility. Your dream beach home is now attainable. Enjoy it when you wish and rent it when you choose. This dual-offering presents a perfect blend of significant income potential and personal beachside luxury. The property, covering nearly 2,474 square feet, features two fully furnished units and has been extensively remodeled and re-piped in 2020, with a new roof added in 2024. Introduced by a private staircase, Unit B radiates elegance and style. With three bedrooms and two bathrooms, it features a spacious dining area and a balcony perfect for BBQ evenings. Boasting dramatic tongue-and-groove vaulted ceilings, sun-filled skylights, charming Dutch entry doors, and custom designer tiles, along with fresh paint and new flooring in 2024, every aspect of this home radiates sophistication. On the ground floor, Unit A is a contemporary gem with an open-plan design. Featuring two bedrooms and two bathrooms, this home is enhanced with upgrades including Nest thermostats, recessed lighting, stainless steel appliances, custom cabinetry, designer subway tile backsplashes, fresh paint (2024), and impeccable countertops. 2711 W Balboa isn't merely a residence; it's a remarkable opportunity. With two short-term rental permits in hand, it boasts a cap rate of approximately 3%, offering considerable upside potential. Situated near iconic beaches, world-class dining, and the renowned Fashion Island Shopping center, this property is both a golden chance for steady income and a beachside paradise. Embrace the flexibility and make the beach both your backyard and your business.
Appliances: | Gas Cooktop, Gas Oven, Refrigerator, Microwave, Dishwasher, Freezer |
Door features: | Mirrored Closet Door(s) | Fireplace features: | None |
Flooring: | Vinyl | Laundry Features: | Electric Dryer Hookup, In Garage, Gas Dryer Hookup |
Laundry: | Yes | Window Features: | Skylight(s), Blinds |
Interior Features: | Recessed Lighting, Ceiling Fan(s), Open Floorplan, High Ceilings, Built-in Features, Beamed Ceilings, Walk-In Closet(s), Tile Counters |
Cooling features: | Central Air, Ceiling Fan(s) | Heating features: | Forced Air |
Heating: | Yes |
Lot features: | Paved |
Pool Features: | None | Spa Features: | None |
Spa: | Yes |
Garage spaces: | 2 |
Community Features: | Sidewalks |
Views: | Neighborhood | Has View: | Yes |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1972 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 2178.0 |
Building Area total: | 2474.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.