49
See all 49 photos
$4,899,000
Est. payment /mo
4 Beds
New
200 E Balboa Boulevard Newport Beach, CA 92661
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID LG25188085
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent opportunity for investors or future homeowners! Currently used as a rental, this property offers immediate income potential and is ideal as an up leg for a 1031 tax-deferred exchange. Whether youre looking for a strong addition to your investment portfolio or prefer to rent it out now and move in later, this home provides flexibility and long-term value. A rare chance to secure an income-producing property today with the option to make it your personal residence in the future. When you enter this newer-built home, youll instantly feel youve arrived at the perfect blend of luxury and comfort. The dramatic living area is centered around a cozy fireplace, creating a warm and inviting space to relax or entertain. Upstairs, three oversized bedrooms offer comfort and privacy, while the third floor reveals a surprising retreat that could serve as another primary suite. GREAT VIEW OF OCEAN With a private elevator connecting each level, convenience is built right in. Enjoy sweeping views of ocean from multiple levels, and embrace the coastal lifestyle with an outdoor fireplace and built-in barbecue designed for year-round gatherings. Whether as a savvy investment or your dream home by the beach, this property delivers both opportunity and lifestyle. Best of all, its just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.
Location
State CA
County Orange
Zoning Seller
Direction Start at Coast Highway to Balboa Blvd head south to corner of Medina and Balboa or come across the Ferry
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Metal
Building
Story 3
Level or Stories 3
Others
Tax ID 04809116
Virtual Tour https://www.zillow.com/view-imx/7915e4c8-8168-4fa4-9f96-39ec305e972c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Listed by John Veytia Compass