Magnificent mix use building in prime Newport Beach peninsula

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Home Off Market

514 W Balboa Boulevard

Newport Beach, California 92661

Orange County Ocean View: Yes

Community: Balboa Peninsula (Commercial) (BPCD)

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$2,499,000 0 br, 0.0 bath 2364 sq. ft. 0.050 acres

Magnificent mix use building in prime Newport Beach peninsula. Only steps to the beach and bay in a most coveted neighborhood. First commercial level is a fully renovated restaurant with permitted patio leased at $4,500 until June 2023. Can also be modified into two NNN rentals. There is also three separate one car garages for each tenant. Second residential level consists of two furnished units rented month to month, 2 bedroom one bath at $3,600 (was rented for $3200) and a one bedroom one bath at $2,600 per month. Third level consists of a very large shared rooftop deck with some beach and city views.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 2364
  • Year Built: 1960
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: 
  • Garage: Assigned,Garage
Exterior:
  • Lot Size: 0.050 acre
  • Lot Dimensions: 
  • View Types: City, Ocean
  • Yard: 
  • Siding: Block
  • Roof: Unknown
  • MLS #: TR21197650
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Contact Information:
Beach Home Off Market in Newport Beach, California
Ad Number: 2006388
Viewed 78 times.
Updated: Jan 21, 2022

This property is a Home located at 514 W Balboa Boulevard, Newport Beach, California 92661, and is currently Off Market at $2,499,000. This Home has 0 bedrooms, 0.0 baths, 2364 sq ft.

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