126 E Balboa Ave Newport Beach, CA 92661
Property Features for 126 E Balboa Ave
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.05 Acres
Building Details
- Year built
- 1912
Source:
Elliman
Listing Agent: Arianna Anastasia
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Balboa Peninsula Triplex Near Beach
This triplex is located on Balboa Peninsula, 250 feet from the beach, 500 feet from the Newport pier and 700 feet from the Newport Pavilion. It is suitable for owner-users or investors. The property features three upgraded units, each equipped with a mini-split A/C system, modern finishes, and private laundry. All units are currently occupied on month-to-month leases. The front house includes 2 bedrooms, 1 bathroom, a fireplace, an open living area, an upgraded kitchen, a detached indoor laundry room, and a storage area. It also features a large raised front patio. The upper-level unit has 1 bedroom, a loft/office, 1 bathroom, a light-filled living area, a modern kitchen, in-unit laundry, and a private balcony with an ocean view. The lower unit offers 1 bedroom, 1 bathroom, a living space and kitchen, with laundry in the attached garage. The property is located near Balboa Pier, Balboa Village, the Fun Zone, and the Balboa Ferry. The property is suitable for long-term, short-term, or owner-occupied investment.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.8954568
- Latitude
- 33.6070778
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Upgraded triplex steps from the ocean and bay.
Where is this triplex located?
The property is located at 126 E Balboa Ave Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,498,000.
What are key features of this property?
This property features: - Prime Balboa Peninsula location: Steps from the beach, bay, Balboa Pier, Balboa Village, and the Fun Zone.; - Income-producing triplex: Immediate rental income from three fully occupied units on month-to-month leases.; - Fully upgraded and well-maintained: Turnkey property with modern finishes, individual mini-split A/C systems, and private laundry in each unit.
