$3,799,000
For Sale

1245 W Balboa Boulevard

Newport Beach, CA 92661
432 sqft | 2 beds | 0.07 acres | #NP24127815
Listing OfficePacific OC Properties
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

Description

The current property consists of a beach cottage and a detached efficiency studio in the garage structure and 1 off street parking spot. The property is located off a large 20 ft. alley with a large approximately 31 ft wide X 102.5 ft long lot. The beach cottage was completely remolded (inside down to studs) in 2020 with new windows and new roof. The owners have City of Newport Beach fully approved construction drawings (permit ready) for a brand new 3-story Single Family Dwelling with 3 story glass elevator, (4 bed, each with its own full bath, plus 2- powder rooms, and an attached full ADU (Accessory Dwelling Unit) with its own entry and patio. The new construction will provide 4 off street parking spaces including an attached 2-car garage and 2-car carport. The main house will total 2924 SF plus the ADU of 533 SF. The new home has 2 decks off the 2nd level (1 with ocean views) and the 3rd level has an 852 SF roof deck area with powder room, appliances, BBQ and fire pit and designed for a hot tub. Ocean views from 2nd and 3rd levels.

  • Interior Details
      • InteriorAllBedroomsDown
    • Beds & Baths
      • Bedrooms2
      • 3/4 Baths2
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, FrontYard, RectangularLot, StreetLevel, TearDown, ValueInLand, Yard
      • Stories1
    • Measurements
      • Acres0.0731
      • Square Feet432
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1924
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, UndergroundUtilities, WaterConnected
      • Sewer InformationPublicSewer, Unknown
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivision, Unknown
    • Location
      • School DistrictNewport Mesa Unified
      • CountyOrange
  • Financial Details
      • Original List Price$4,000,000
  • Other
      • MLS #NP24127815

Location

Ann TrussellReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00