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Sold

1114 W Balboa Boulevard sold on June 27, 2024 for $2,610,888. The details are below for reference.

QuadruplexSold · Jun 27, 2024

1114 W Balboa Boulevard, Newport Beach, CA 92661

  • 2,791 sq ft
  • Built 1949

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$2,610,888

MLS# NP24116467

The home

About 1114 W Balboa Boulevard

Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California's premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space.

Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You're only steps away from Newport's world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula.

All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.

Property details for 1114 W Balboa Boulevard

This fourplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,791 square feet of living space. The home was built in 1949. The MLS record lists the assessor parcel number as 047-263-16. Highlights include city lights views, a two-car garage, and mid-century modern architecture.

Specifications

Home Details

General Features

Property Type
Quadruplex
MLS Number
NP24116467
Year Built
1949
Lot Size (sq ft)
3,049
Lot Size (acres)
0.07
Levels
Two
Garage Spaces
2
Parking Spaces
3
View
City Lights
Parcel Number
04726316
On Market Date
2024-06-07
Listing Terms
Standard

Interior Features

Interior Features
Tile Counters
Appliances
Microwave, Refrigerator
Flooring
Laminate, Vinyl
Heating
Wall Furnace
Cooling
None
Fireplace
None
Laundry
In Garage
Entry Level
1
Common Walls
No Common Walls
Windows
Blinds
Accessibility
Parking

Exterior Features

Architectural Style
Mid Century Modern
Exterior Features
Awnings
Roof
Flat
Construction
Stucco, Wood Siding
Lot Features
Walkstreet
Parking
Garage, Garage Faces Rear
Fencing
None
Pool Features
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected
Condition
Fixer
Faces
South
Units
4

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Biking, Curbs, Sidewalks, Urban
Security
Smoke Detectors

The record

Property History for 1114 W Balboa Boulevard

DateEventPriceNote
Jun 27, 2024 Sold $2,610,888
Jun 24, 2024 Status changed to Pending From Active Under Contract
Jun 10, 2024 Status changed to Active Under Contract From Active
Jun 7, 2024 Listed for sale $2,495,000

Next steps

Looking for something similar

1114 W Balboa Boulevard is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 1114 W Balboa Boulevard

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

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Listed by Arthur Dorr of Balboa Realty

Listing information updated Jun 27, 2024 at 2:23 PM PT. Source: CRMLS.

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