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

Newport Beach, CA, 92661
$ 3,700,000
Bedrooms3 Baths4.0 Sq 2,480

Monthly Estimate*

$ 24,591

Listed by Douglas Elliman of California, Inc.
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Multi-Family Home for sale in Newport Beach, CA

for $3,700,000 with 3 bedrooms and 4 full baths. 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

3

Full Bath

4

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

24392787

Days on Market

17

Features
General
Interior Features HighCeilings DressingArea
Sewer Other
Heating Central
Cooling CentralAir
Appliances BuiltIn Dishwasher Microwave Oven Range Refrigerator RangeHood
Garage Spaces 6.0
Patio/Porch Features Deck Rooftop
Architectural Style Contemporary
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Construction Materials Stucco
Year Built 1914
View Bay CityLights Ocean Panoramic Water
Levels MultiSplit
Gross Income 0.0
County Orange
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Balboa Peninsula (Commercial) (BPCD)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions East Balboa Blvd and Palm Street
City Newport Beach
Disclosures ListingBrokerAdvantage
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 1.0
NumberOfUnitsTotal 2
MLS Area NP - Balboa Peninsula
Lot Size Units SquareFeet
Lot Size Square Feet 2614.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Balboa
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Year Built Source Assessor
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Interior
Flooring Carpet Wood
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Boulevard
Laundry Features Inside SeeRemarks
Total Bedrooms 3
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features DirectAccess Garage
Total Parking 7.0
Lot Size Area 2614.0
Number of Buildings 1
Spa N
Building Area Total 2480.0
Lot Size Acres 0.06
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 603
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* Excluded Features
List By
Douglas Elliman Of California, Inc.

Broker

(310) 819-3250

Phone

Affordability Calculator

$24,591
Per Month
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Monthly Principal & Interest
$24,591
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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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$3,700,000 Listed Price

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603 E 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 E Balboa Boulevard has 3 bedrooms, 4.0 baths, and was built in 1914. The property's zip code is 92661 which is in Newport Beach, CA