MLS® ID: CV19201913

1216 W Balboa Boulevard

Newport Beach, California, 92661

$5,400,000 Active
  • - SQFT
Highly desirable 7 unit multifamily coastal property on the sought-after Balboa Blvd strip. Popular unit mix of 4 two bedrooms and two baths and 3 two bedrooms and 1 bath. Well maintained and very low maintenance building. Operates at 100% full occupancy with long term career professionals as tenants. All units are remodeled, upgraded and turnkey. New owners will not have to do anything. In addition, there is room to increase rents. Perfect upleg in a 1031 exchange. Will not last long and priced to sell.
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Listing courtesy of THE C. LEE GROUP

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    92661
  • Office name
    THE C. LEE GROUP
  • SQFT
    0
  • Bedrooms
    0
  • Year built
    1949
  • Lot size
    6098.00
  • Sewer
    Unknown
  • Tax year
    0
  • Agent name
    CHRISTINE LEE
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    4232
  • Agent ID
    C14067

Location

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