$2,825,000
$2,995,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,996 SqFt
SOLD DATE : 12/24/2024
Key Details
Sold Price $2,825,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,996 sqft
Price per Sqft $1,415
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC24227123
Sold Date 12/24/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1977
Lot Size 2,613 Sqft
Property Description
Discover the perfect coastal investment opportunity with this charming duplex, ideally located just a block from the beach. This spacious property offers two separate units, making it perfect for both investors and those looking to enjoy the beach lifestyle while generating rental income. The upstairs unit features 3 bedrooms and 2 bathrooms. It also features vaulted ceilings, upgraded surfaces and a private balcony on both the front and rear of the property. The downstairs unit offers 2 bedrooms and 1 bathroom and a private covered patio, making it a cozy retreat with easy access to all the area has to offer. A standout feature of this property is the rare 4-car tandem parking, ensuring convenience for both residents and guests. The lot spans 2,614 square feet, with a living area of 1,996 square feet across both units. Located only feet from the beach, Balboa Pier, Fun Zone, and the ferry to Balboa Island, this duplex offers an unbeatable lifestyle with endless entertainment, dining, and shopping options. Whether you're looking to live in one unit and rent the other, or capitalize on a full rental opportunity, this property is a rare find in a highly sought-after location. Don't miss your chance to own a piece of coastal paradise.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bedroom on Main Level, Primary Suite
Cooling None
Flooring Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Electric Cooktop, Disposal
Laundry In Garage
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Storm Drain(s), Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility Safe Emergency Egress from Home
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04814302
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Troy Seeber • Compass
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Broker | Lic# 01302718 | 00855475