603 East Balboa Boulevard Newport Beach, CA $ 3,700,000
603 East Balboa Boulevard
$ 3,700,000
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603 East Balboa Boulevard

Newport Beach, CA, 92661
$ 3,700,000
Baths0.0 Sq 2,480

Monthly Estimate*

$ 24,591

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Studio

Multi-Family Home for sale in Newport Beach, CA

for $3,700,000. This 2,480 square foot home was built in 1914 on a lot size of 0.06.

Welcome to 603 E Balboa Blvd, a newly-renovated, exceptional mixed-use investment property located in the heart of Newport Beach, California. This three-story building boasts a strategic combination of commercial and residential spaces, offering an exciting investment opportunity. The 560 sqft~ ground floor of this property is zoned for retail use, providing an excellent opportunity for businesses looking to establish a presence in a bustling coastal community. With generous street frontage, this space offers unparalleled visibility and access to a high-traffic area, making it an attractive prospect for entrepreneurs and retailers. The upper two floors of 603 E Balboa Blvd are zoned for residential use and offer captivating views of the beach. The property also features two viewing decks with stunning ocean, bay and city light views. Situated in a highly walkable neighborhood, just moments from top-notch dining and the iconic Balboa Pier, this property offers a distinctive opportunity for both savvy investors and ambitious entrepreneurs looking to seamlessly integrate business and residence.

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Multi-Family Active

Price

$ 3,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.06

Year Built

1914

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

0024392787

Features
General
Interior Features High Ceilings
Heating Central
Cooling Central Air See Remarks
Architectural Style Contemporary
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Stucco
Year Built 1914
View Panoramic Bay City Lights Ocean
Levels Multi/Split
Accessibility Other
County Orange
Net Operating Income 0.0
New Construction No
Property Type C
Association Amenities Water
HOA / Comm Assn No
Subdivision Name Balboa Peninsula (Commercial)
Status Active
City Newport Beach
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area NP - Balboa Peninsula
Lot Size Square Feet 2614.0
Street Name Balboa
Structure Type None
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Flooring Wood Carpet
Kitchen Appliances Dishwasher Built-In Range Hood Microwave Range Oven Refrigerator
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Boulevard
Laundry Features Inside
Total Baths 0
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Exterior
Parking Features Direct Garage Access Garage None
Lot Size Area 2614.0
Spa No
Pool Y/N? No
Building Area Total 2480.0
Lot Size Acres 0.06
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Joshua Altman

Listing Agent

Douglas Elliman Of California, Inc.

Broker

Affordability Calculator

$24,591
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,591
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$3,700,000 Listed Price

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603 East Balboa Boulevard, Newport Beach, CA, 92661 is a Multi-Family Home for sale at $3,700,000 with 2,480 sqft and a lot size of 0.06. 603 East Balboa Boulevard is a studio with 0.0 baths and was built in 1914. The property's zip code is 92661 which is in Newport Beach, CA