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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,999,000

Est. payment - /mo

4 Beds

3 Baths

2,059 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,059 sqft

Price per Sqft $1,456

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP25266820

Bedrooms 4

Three Quarter Bath 3

HOA Y/N No

Year Built 1928

Property Sub-Type Triplex

Property Description

Legal non-conforming triplex with active short-term rental permits—just steps from the surf and sand. This rare investment opportunity features a 2-bedroom/1-bath and two 1-bedroom/1-bath units, each with its own washer and dryer. All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, and are move-in ready whether used as rentals or personal retreat. Parking includes a one-car garage plus two additional spaces. With no streets to cross to reach the beach and the pier, park, and bay only a block away, the location offers unbeatable convenience and lifestyle appeal. Please note: City records has the square footage as 1,544 sqft, an appraisal has the square footage as 2,059 sqft, and county tax records has the square footage as 1,366.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Other Rooms Shed(s)

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s), Furnished, Granite Counters, Storage, Bedroom on Main Level

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer

Laundry Inside

Exterior

Parking Features Direct Access, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wrought Iron

Pool None

Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N Yes

View Neighborhood, Ocean, Peek-A-Boo

Roof Type Composition

Accessibility None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Level, Rectangular Lot, Street Level

Dwelling Type Triplex

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Additional Building Shed(s)

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04717303

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Wayne Smith Corona Del Mar Properties Inc 949-300-2215

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1825 W Balboa BLVD Newport Beach, CA 92663