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Listed by Orlando Clarizio, DRE #01944646 • White Sail Realty
$4,599,000
Est. payment /mo
4,200 Sqft Lot
Active
1733 W Balboa BLD Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP26196683
Year Built 1954
Lot Size 4,200 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach. The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach's most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income. Adding to the property's appeal, each of the four units has its own private garage-a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community. With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to ac
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Dishwasher, Microwave, Refrigerator, Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Laundry Area
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool 31, None
View Bay, Greenbelt, Ocean, 30
Building
Water District - Public
Others
Tax ID 04720101
Special Listing Condition Not Applicable
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