ONE (1) ACTIVE TRANSFERABLE SHORT TERM LODGING PERMIT (lower unit) - Introducing an exciting investment opportunity located in the heart of Newport Beach's Balboa Island. This unique property is just steps to quaint Marine Avenue with its array of shops and restaurants, providing a convenient and vibrant lifestyle. Three (3) units in total - two (2) 3 bedrooms with 2 baths each and an upper studio with loft and rooftop access. The lower unit comes with a short-term rental permit, making it an ideal income-generating property. Enjoy breathtaking city and harbor views from the rooftop deck, perfect for entertaining or simply relaxing and taking in the scenery. Don't miss out on this rare opportunity to own a piece of Balboa Island real estate with endless potential.
Mls | NP24186562 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1959 |
Days On Site | 90 |
Listing Provided By | White Sail Realty 949-673-9900 | Julia Morton |
Sq Feet | 2,596 |
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Car Port | Yes |
Storys | 3 |
Units | 3 |
Buildings | 1 |
Acreage | 0.06 |
Property View | Yes |
State | CA |
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County | Orange |
City | Newport Beach |
Zip Code | 92662 |
Area | N9 Lower Newport Bay Balboa Island |
Community Name | Balboa Island Main Island (BALM) |
Listing VS Median (in Balboa Island Main Island (BALM)) | |
Price: $4,000,000 low | high Med: $23,425 SqFt: 2,596 low | high Med: 2,002 $ / SqFt: $1,541 low | high Med: $12 On Site: 90 low | high Med: 130.500000 |