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Buy a multi-family propertyat 1105 W Balboa, Newport Beach, CA 92661

$6,250,000

$0/mo

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Residential

3,802 Sq. Ft.

3,153 Sq. Ft. lot

5 Bedrooms

7 Bathrooms

452 Days on market

NP23009472 MLS ID

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About 1105 W Balboa multi-family property

Rare opportunity to purchase a new construction duplex located on the Newport Beach Peninsula. The front residence features two bedrooms and 2.5 bathrooms, with a total living area of 1,716 square feet and 500sf of spacious patio and covered outdoor entertaining areas. The back unit offers three bedrooms and 3.5 bathrooms, totaling 2,086 square feet with an additional 600sf of outdoor rooftop living. Both residences include two covered garage spaces with alley access. The contemporary exterior design makes way for interior modern touches including hardwood floors, quartz counters, and upscale appliances. Moments from the beach and Newport Harbor, this property is a great opportunity to purchase a beach house that can also be a great income-producing property. Don't miss this early opportunity to be able to personalize some finishes on this new construction property in one of Southern California's most sought-after locations.
Rare opportunity to purchase a new construction duplex located on the Newport Beach Peninsula. The front residence features two bedrooms and 2.5 bathrooms, with a total living area of 1,716 square feet and 500sf of spacious patio and covered outdoor entertaining areas. The back unit offers three bedrooms and 3.5 bathrooms, totaling 2,086 square feet with an additional 600sf of outdoor rooftop living. Both residences include two covered garage spaces with alley access. The contemporary exterior design makes way for interior modern touches including hardwood floors, quartz counters, and upscale appliances. Moments from the beach and Newport Harbor, this property is a great opportunity to purchase a beach house that can also be a great income-producing property. Don't miss this early opportunity to be able to personalize some finishes on this new construction property in one of Southern California's most sought-after locations.

Property details

Property Access

City Street

Paved

Appliances and Equipment

Dishwasher

Gas Cooktop

Disposal

Gas Water Heater

Range Hood

Tankless Water Heater

Vented Exhaust Fan

Bathrooms

2 half bathrooms

5 full bathrooms

7 total bathrooms

2 bathrooms on main level

Bedrooms

5 total bedrooms

House

3 total stories

Built in 2023

New construction

3,802 sqft living area

Contemporary

1 Common Wall

Drywall

Metal Siding

Spray Foam Insulation

Stucco

Three Or More

Enclosed

Rooftop

Duplex

Community

Curbs

Gutter(s)

Storm Drain(s)

Street Lights

Suburban

Marina

Park

Cooling

Central Air

Zoned

Floors

Wood

Foundation

Slab

Garage

Attached garage

4 garage spaces

Water

Across the Road from Lake/Ocean

Beach Access

Ocean Access

Heating

Central

Zoned

Interior Features

Balcony

Ceiling Fan(s)

Open Floorplan

Quartz Counters

Recessed Lighting

Unfurnished

All Bedrooms Up

Walk-In Closet(s)

Laundry

Washer Hookup

Electric Dryer Hookup

Inside

Laundry Room

Upper Level

Listing

Listing ID: NP23009472

Property Subtype: Duplex

132 days on market

Listed on 2023-02-01

Location

County: Orange

Subdivision: Balboa Peninsula (Residential) (BALP)

Lot

3153 sqft

0.0724 acres

Area: 3153

Dimensions: 30x102

Front Yard

Near Park

Parking

Carport

2 carport spaces

6 total parking spaces

Attached Carport

Carport

Door-Multi

Direct Access

Garage

Garage Door Opener

Possession

Close Of Escrow

Property

2 units

Property attached

Ocean

Roof

Metal

Schools

High School District: Newport Mesa Unified

Security System

Carbon Monoxide Detector(s)

Fire Detection System

Fire Rated Drywall

Smoke Detector(s)

Sewer

Public Sewer

Utilities

Electricity Connected

Natural Gas Connected

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$39,828/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$5,875,000

+$187,500

$6,062,500

Seller agent commission$187,500 (3%)*

$0 (0%)

Buyer agent commission$187,500 (3%)*

$187,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $187,500 more selling your home
with an Unreal Estate agent

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Counties

Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Jun 13, 2023 at 8:05 p.m.

Property listed by Compass, Luke Cuthbert
Based on information from California Regional Multiple Listing Service, Inc. as of 06/13/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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