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41
Photos
1123 E Balboa Boulevard, Newport Beach, CA 92661
$6,750,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
4
baths
1,959
sqft
Built in
1977
2 ACTIVE SHORT TERM RENTAL PERMITS!! Soak up the surf and sun at this versatile oceanfront fully furnished duplex in Newport Beachs sought-after Peninsula Point neighborhood on the Balboa Peninsula. With one unit on each level of the two-story residence, you can live in one and rent the other, or use both as valuable income-producing opportunities. The renderings show how property can look if you build out the current plans plans that have been submitted to the city for a future custom home, making it easy to create the seaside home of your dreams. Presenting a quieter setting near the end of the boardwalk, the duplex is close to The Wedge surf break, Peninsula Park, the Peninsula Point Racquet Club, the Balboa Pier, and Main Streets vibrant shopping and dining destinations. A spacious view patio highlights the lower-level residence, which features two bedrooms, two baths, a living room with fireplace, a white kitchen, and a dining room that opens to the patio. The open and bright upper unit showcases a vaulted ceiling, a fireplace-warmed living room, a sunny ocean-view deck, a gourmet kitchen with breakfast bar, three bedrooms and two baths. An attached four-car garage with epoxy flooring provides ample off-street parking and room for storing bikes and surfboards.
Features & Amenities
Interior
- Laundry:
- Garage,Inside
- A/C:
- N/K
- Fireplace:
- FP in Living Room
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 4
Construction
- General:
- 2 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Orange
Lot
- Zoning:
- 04815209
- View:
- Ocean
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Compass, Tara McNabb
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Newport Beach, CA
Housing
- Number of Units
- 32,933
- Median Home Value
- $1,108,062
- Median Rent
- $2,050
52.55% of housing units are renter occupied.
15.14% are vacant.
Commute
- Car
-
52.33%
- Public Transportation
-
0.19%
- Walk to Work
-
1.03%
- Work from Home
-
45.11%
- Other
-
0.65%
The median travel time to work is 15 minutes.
People
- Population
- 61,724
- Median Age
- 46.20
- Median Household Size
- 2.43
Education
- High School
-
7.46%
- Associate’s Degree
-
6.48%
- Bachelor’s Degree
-
40.94%
- Graduate Degree
-
26.28%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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