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Listing 13 out of 92
$5,500,000 For Sale

1216 W Balboa Boulevard
Newport Beach, CA 92661

7 units | Multi Family Home
6098 sq ft lot - MLS# IV19110528
Property Photo
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Description

7 Unit Multi Family Apartment Complex on Balboa Peninsula. Sits on 2 lots. One block from the beach. Completely Remodeled in 2011.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92661
  • Year Built: 1949
  • Subdivision/Neighborhood: Balboa Peninsula (Residential) (Balp)
  • Stories: Two
  • Units: 7 units
  • # of Parking Spaces: 8.00
  • Lot Size: 6098 sq ft lot
  • Area: NP - Balboa Peninsula
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5600.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks
  • Country: US
  • Directions: On Balboa Blvd, between 12th and 13th street
  • Flooring: Carpet, Laminate, Tile
  • Garage Spaces: 4.00
  • Gross Income: 209705.00
  • Gross Scheduled Income: 209705.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Insurance Expense: 2675.00
  • Interior Features: Balcony, Granite Counters
  • Laundry Features: Common Area
  • Laundry YN: Yes
  • Listing Agent License: 01888917
  • Listing Office License: 01888917
  • Lot Features: 6-10 Units/Acre
  • Lot Size Area: 6098.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 166400.00
  • New Taxes Expense: 36337.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number With Dishwasher: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 43305.00
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 43305.00
  • Trash Expense: 2063.00
  • Uncovered Spaces: 4.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Henry Lin, Broker, Henry Lin

Agent Mary Lou Skowronski
Mary Lou Skowronski DRE: 01398486 / Broker DRE: 01317331
Berkshire Hathaway HomeServices California Properties
1400 Newport Center Drive, #200 - Newport Beach, CA 92660

© “2018” BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate,and a franchisee of  BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of  America, Inc.® Equal Housing Opportunity. Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC.  BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property,  Information obtained from various sources and will not be verified by broker or MLS. 

house realtor mls

Designations Ranks Agent Mary Lou Skowronski in the
Top 7% of Realtors Nationwide!
NABPOP BPO Certified Property Valuator, CPRES Certified Probate/Trust Real Estate Specialist, Investor Certified Realtor, ePRO – Internet Marketing Professional, 
Luxury Property Specialist, AREAA – Asian Real Estate Association of America, Designer and Accredited Home Staging Specialist,
REO and Short Sale Specialist, PSC Mastery HAFA Foreclosure Prevention Counselor

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