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Listing 7 out of 21
$2,495,000 For Sale

316 Grand Canal
Newport Beach, CA 92662

2 units | Multi Family Home
2204 sq ft - MLS# LG18274303
Property Photo
1/43

Description

Located on the highly coveted Little Island of Balboa Island this Grand Canal duplex features two, 2 bedroom, 1 bathroom units. The front cottage was recently updated and features a large front patio to entertain on. The back unit was also recently upgraded and features a third story roof top deck with views of Catalina and Fashion Island. A dock with 2 buoys that can accommodate 2 17 ft boats complete this Grand Canal charmer. This property has endless possibilities. Call today for a private tour.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92662
  • Year Built: 1948
  • Subdivision/Neighborhood: Balboa Island - Little Island (Ball)
  • Style: Cottage
  • Stories: One
  • Units: 2 units
  • # of Parking Spaces: 3.00
  • Fireplace: Family Room, Yes
  • Lot Size: 2204 sq ft
  • View: Bay,Bluff,Bridge,Canal,Catalina,City Lights,Coastline,Ocean,Water, Yes
  • Waterfront: Bay Front,Beach Access,Beach Front,Channel/Canal Front,Ocean Front
  • Zoning: R1
  • Area: N9 - Lower Newport Bay - Balboa Island
  • Average 2 Bed Area: 700
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1400.00
  • Building Area Units: Square Feet
  • Carport Spaces: 1.00
  • Community Features: Sidewalks, Urban
  • Cooling: Zoned
  • Cooling YN: Yes
  • Country: US
  • Directions: Grand Canal
  • Electric Expense: 1800.00
  • Exterior Features: Dock Private
  • Fuel Expense: 960.00
  • Garage Spaces: 2.00
  • Gross Income: 90000.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 2500.00
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01988199
  • Listing Office License: 01767484
  • Lot Features: Value In Land
  • Lot Size Area: 2206.0000
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 60000.00
  • New Taxes Expense: 27000.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 22000.00
  • Parking Features: Garage
  • Parking YN: Yes
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Expenses: 33460.00
  • Water Sewer Expense: 1200.00
  • Water Source: Public
Courtesy of Pacific Sotheby’s International Realty, Richard Dewey

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


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

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

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


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