UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,857 sqft
Price per Sqft $1,192
MLS Listing ID NP-26196683
Year Built 1954
Lot Size 4,200 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach's most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income.
Adding to the property's appeal, each of the four units has its own private garage—a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community.
With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage Faces Side
Garage Spaces 4.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Peek-A-Boo, Park/Greenbelt, Ocean, Bay
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://my.matterport.com/show/?m=aeqCnZPj7WZ
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900