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

1216 W Balboa Boulevard
Newport Beach, CA 92661

7 units | Multi Family Home
6098 sq ft - MLS# IV19110528
Property Photo
1/28

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
  • 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

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T: 949.274.4530
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201 Marine Avenue
Balboa Island, CA 92662
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Patrick Bartolic
CalRE No. 00783792
T: 949.463.6328
Email: patrick@bartolicteam.com


Tony Bartolic
CalRE No. 01193486
T: 949.463.6329
Email: tony@bartolicteam.com
 

Erin Bartolic
CalRE No. 02043980
T: 707.803.3293
Email: erin@bartolicteam.com

Lauren Disberger
CalRE No. 02061372
T: 949.981.9575
Email: lauren@bartolicteam.com


Coldwell Banker Residential Brokerage

    

 

 

Bartolic & Bartolic • CalRE #01193486 | Coldwell Banker Residential Brokerage | 201 Marine Avenue, Balboa Island, CA 92662

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